Solar Panel Cost Guide in Port Wentworth, GA (Jan 2023)
- Port Wentworth Solar Installation Cost: $10,888
- 25-Year Savings: $24,772
- Payback Period: 7.6 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Port Wentworth
We break down average solar pricing in Port Wentworth.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Port Wentworth, the typical cost of a solar system is $3 per watt. Because a 6.1-kW system is needed to cover the energy usage of a typical home in Port Wentworth, the average price of going solar will be about $10,888 before claiming the federal solar tax credit of 30%.
These figures are just averages, and your own solar costs will most likely vary based on your energy needs and what company you go with. With average savings of about $22,000 on utility bills over 20 years, many homeowners in Port Wentworth find installing solar panels has a decent ROI.
Click the button below to get connected to a vetted solar panel company in Port Wentworth for a custom estimate.
Solar savings over time in Port Wentworth
Year | Return on Investment |
---|---|
1 years | $-9,462 |
3 years | $-6,609 |
5 years | $-3,756 |
7 years | $-904 |
9 years | $1,949 |
11 years | $4,802 |
13 years | $7,655 |
15 years | $10,508 |
17 years | $13,361 |
19 years | $16,213 |
21 years | $19,066 |
23 years | $21,919 |
25 years | $24,772 |
Top Solar Installers in Port Wentworth
Although it's possible to install solar panels yourself, it takes extra energy and know-how. That's why the majority of homeowners choose to go with a solar panel installer. Companies can also have access to various kinds of the best solar panels and help you choose which one will be right for you.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Regional Coverage
Momentum Solar
- 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 Port Wentworth
Factors that Affect Solar Panel Costs in Port Wentworth
For many Port Wentworth homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Port Wentworth, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,550. The brand of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Port Wentworth, which can bring down, 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 vital to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Port Wentworth is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services for different budgets. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that offers the products, warranties and services you want and also is within your budget.
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 | $23,946 | 7.9 years |
8 kW | $2.60 | $14,566 | $32,214 | 7.8 years |
10 kW | $2.55 | $17,850 | $40,624 | 7.6 years |
12 kW | $2.50 | $20,992 | $49,177 | 7.5 years |
14 kW | $2.45 | $23,990 | $57,873 | 7.3 years |
16 kW | $2.40 | $26,846 | $66,712 | 7.2 years |
18 kW | $2.35 | $29,560 | $75,694 | 7.0 years |
20 kW | $2.29 | $32,130 | $84,818 | 6.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Port Wentworth, GA Solar Cost FAQs
What is the average cost of installing solar panels in Port Wentworth?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Port Wentworth?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home 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 bang for your buck from going solar.
How will solar panels impact the value of my home?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.