Solar Panel Cost Guide in Peachtree Corners, GA (Dec 2022)

  • Peachtree Corners Solar Installation Cost: $12,102
  • 25-Year Savings: $20,868
  • Payback Period: 9.2 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Peachtree Corners

We break down average solar pricing in Peachtree Corners.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Peachtree Corners, the typical cost of solar panels is $3 per watt. The average solar panel system size in Peachtree Corners is around 6.8 kilowatts, meaning a cost of about $12,102 for a solar installation, or $8,955 after the 30% federal solar tax credit is applied.

Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy needs, the type of equipment you want, your solar contractor and more. With typical savings of about $18,000 on energy bills over 20 years, many homeowners in Peachtree Corners find going solar has a decent ROI.

For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Peachtree Corners

Year Return on Investment
1 years $-10,784
3 years $-8,146
5 years $-5,508
7 years $-2,871
9 years $-233
11 years $2,404
13 years $5,042
15 years $7,680
17 years $10,317
19 years $12,955
21 years $15,592
23 years $18,230
25 years $20,868

Top Solar Installers in Peachtree Corners

Although it's possible to install solar panels yourself, it involves extra effort and expertise. That's why most people choose a solar panel installer. A solar installer can also help save you money over time by offering warranties, repairs and component replacements.

If you're looking for a solar company in Peachtree Corners, the EcoWatch team has organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

See all of the solar companies in Peachtree Corners

Factors that Affect Solar Panel Costs in Peachtree Corners

The cost of installing a solar system in Peachtree Corners can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your energy bills. In addition, extra products, like solar batteries, can bring your total well above the Peachtree Corners average.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Peachtree Corners, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

Finally, the company you choose to install your solar system can play a role in determining the cost. Peachtree Corners' solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Peachtree Corners have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.65 $11,138 $18,023 9.5 years
8 kW $2.60 $14,566 $24,316 9.4 years
10 kW $2.55 $17,850 $30,752 9.2 years
12 kW $2.50 $20,992 $37,331 9.0 years
14 kW $2.45 $23,990 $44,053 8.8 years
16 kW $2.40 $26,846 $50,918 8.6 years
18 kW $2.35 $29,560 $57,925 8.4 years
20 kW $2.29 $32,130 $65,075 8.3 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
  • Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Peachtree Corners, GA Solar Cost FAQs

How much does it cost to install solar panels in Peachtree Corners?

This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Peachtree Corners?

Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

How will having solar panels impact the value of my home?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Peachtree Corners is currently $291,987, which means you could be looking at a value of about $11,971 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Peachtree Corners is a rewarding investment.

How long do solar panels last in Peachtree Corners?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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