Solar Panel Cost Guide in Powder Springs, GA (Mar 2023)
- Powder Springs Solar Installation Cost: $12,263
- 25-Year Savings: $20,354
- Payback Period: 9.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Powder Springs
We go over average solar pricing in Powder Springs.
While the national average of solar panels is $2.66 per watt, solar panels in Powder Springs generally cost about 2.55. The average Powder Springs homeowner needs a 6.9-kilowatt system, which would cost about $12,263 with the federal tax credit, or $17,536 before the 30% tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy use, the type of solar panels you choose, your solar contractor and more. Despite the significant initial cost, the average Powder Springs homeowner can save around $18,000 on their energy bills over 20 years, which is one of the advantages of solar.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Powder Springs
Year | Return on Investment |
---|---|
1 years | $-10,958 |
3 years | $-8,349 |
5 years | $-5,739 |
7 years | $-3,130 |
9 years | $-521 |
11 years | $2,089 |
13 years | $4,698 |
15 years | $7,307 |
17 years | $9,917 |
19 years | $12,526 |
21 years | $15,136 |
23 years | $17,745 |
25 years | $20,354 |
Top Solar Installers in Powder Springs
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using a solar panel installer can make converting to solar power much easier. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:
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 Powder Springs
Factors that Affect Solar Panel Costs in Powder Springs
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Powder Springs: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Powder Springs. 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 opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Powder Springs 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 Powder Springs, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. Although solar loans make going solar more accessible for Powder Springs homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Powder Springs, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that provides the products, warranties and services you're looking for and also fits 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 | $17,328 | 9.8 years |
8 kW | $2.60 | $14,566 | $23,390 | 9.6 years |
10 kW | $2.55 | $17,850 | $29,595 | 9.4 years |
12 kW | $2.50 | $20,992 | $35,942 | 9.2 years |
14 kW | $2.45 | $23,990 | $42,432 | 9.0 years |
16 kW | $2.40 | $26,846 | $49,065 | 8.8 years |
18 kW | $2.35 | $29,560 | $55,841 | 8.7 years |
20 kW | $2.29 | $32,130 | $62,759 | 8.5 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 Powder Springs, GA Solar Cost FAQs
How much does it cost to install solar panels in Powder Springs?
The average cost of solar panels in Powder Springs is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Powder Springs?
You can't get solar panels for free in Powder Springs. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $948.89 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.