Solar Panel Cost Guide in Quitman, GA (2023 Update)
- Quitman Solar Installation Cost: $11,424
- 25-Year Savings: $21,716
- Payback Period: 8.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Quitman
See how much it might cost to install solar panels in Quitman.
In Quitman, solar panels cost about 2.55 per watt on average. To cover the typical energy usage of the average home in Quitman, most homeowners require a 6.4-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,424, or $16,336 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Quitman homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the upfront cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $20,000 over 20 years on utility bills.
To receive a free quote from a pre-vetted solar installation company in Quitman, you can click the button below.
Solar savings over time in Quitman
| Year | Return on Investment |
|---|---|
| 1 years | $-10,098 |
| 3 years | $-7,447 |
| 5 years | $-4,796 |
| 7 years | $-2,145 |
| 9 years | $507 |
| 11 years | $3,158 |
| 13 years | $5,809 |
| 15 years | $8,460 |
| 17 years | $11,112 |
| 19 years | $13,763 |
| 21 years | $16,414 |
| 23 years | $19,065 |
| 25 years | $21,716 |
Top Solar Installers in Quitman
Although you can install solar panels yourself, it involves extra energy and expertise. That's why almost all homeowners choose to go with a solar panel installer. A solar company can also help save you money in the long run by providing warranties, repairs and part replacements.
Working with a vetted solar installer 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
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 Quitman
Factors that Affect Solar Panel Costs in Quitman
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Quitman: 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 going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,550 per kilowatt in Quitman. The model 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 is 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 looking for a solar system that's in your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can play a role in your total costs. There are about 3 solar installation companies in Quitman, and each can charge varying amounts 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 come with an above-average cost. It's best to do some research and go with the 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 | $19,950 | 9.0 years |
| 8 kW | $2.60 | $14,566 | $26,886 | 8.8 years |
| 10 kW | $2.55 | $17,850 | $33,965 | 8.6 years |
| 12 kW | $2.50 | $20,992 | $41,186 | 8.4 years |
| 14 kW | $2.45 | $23,990 | $48,550 | 8.3 years |
| 16 kW | $2.40 | $26,846 | $56,057 | 8.1 years |
| 18 kW | $2.35 | $29,560 | $63,707 | 7.9 years |
| 20 kW | $2.29 | $32,130 | $71,500 | 7.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Quitman, GA Solar Cost FAQs
What is the average cost of installing solar panels in Quitman?
The average cost of solar panels in Quitman 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 things such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $1,036.30 per year.
How long do solar panels last in Quitman?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of 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.