Solar Panel Cost Guide in Redan, GA (Mar 2023)
- Redan Solar Installation Cost: $12,084
- 25-Year Savings: $22,811
- Payback Period: 8.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Redan
Let's take a look at the average cost of solar panels in Redan.
In Redan, solar panels cost about 2.55 per watt on average. Using this figure, a typical 6.8-kW system would cost about $12,084 before the 30% federal solar tax credit is applied.
The true price you pay can go higher or lower than the average in Redan depending on several factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Redan can save around $20,000 on their power bills over 20 years.
Click the button below to get connected to a highly rated solar installer in Redan for a custom quote.
Solar savings over time in Redan
| Year | Return on Investment |
|---|---|
| 1 years | $-10,689 |
| 3 years | $-7,897 |
| 5 years | $-5,105 |
| 7 years | $-2,314 |
| 9 years | $478 |
| 11 years | $3,270 |
| 13 years | $6,061 |
| 15 years | $8,853 |
| 17 years | $11,644 |
| 19 years | $14,436 |
| 21 years | $17,228 |
| 23 years | $20,019 |
| 25 years | $22,811 |
Top Solar Installers in Redan
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Going with a solar panel installer can make your swap to solar power much easier. Plus, if you're unsure what kind of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 Redan
Factors that Affect Solar Panel Costs in Redan
For many Redan homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Redan, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,550. The model of solar panels and equipment you want is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to make decisions 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 into a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Redan homeowners choose to finance their solar panel systems to make going solar more affordable. 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 lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can impact how much it costs. Redan's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $19,792 | 9.0 years |
| 8 kW | $2.60 | $14,566 | $26,675 | 8.8 years |
| 10 kW | $2.55 | $17,850 | $33,701 | 8.7 years |
| 12 kW | $2.50 | $20,992 | $40,870 | 8.5 years |
| 14 kW | $2.45 | $23,990 | $48,181 | 8.3 years |
| 16 kW | $2.40 | $26,846 | $55,635 | 8.1 years |
| 18 kW | $2.35 | $29,560 | $63,232 | 8.0 years |
| 20 kW | $2.29 | $32,130 | $70,972 | 7.8 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Even 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 how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of options before making your decision.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
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 Redan, GA Solar Cost FAQs
How much does it cost to install solar panels in Redan?
This is a hard question to answer precisely, because the cost depends on many 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 other solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact my home value?
Solar panels can increase your property's 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?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 get 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.