Solar Panel Cost Guide in Redan, GA (2023 Update)
- Redan Solar Installation Cost: $12,083
- 25-Year Savings: $22,813
- Payback Period: 8.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Redan
We go over average solar pricing in Redan.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Redan, the typical cost of solar panels is 2.55 per watt. The average Redan homeowner needs a 6.8-kilowatt system, which would cost about $12,084 with the federal tax credit, or $17,280 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Redan homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. For many homeowners, the upfront investment in solar panels is worth paying. On average Redan homeowners see about $20,000 in savings on energy bills over 20 years.
To receive a free estimate from a vetted solar installer in Redan, you can click the button below.
Solar savings over time in Redan
| Year | Return on Investment |
|---|---|
| 1 years | $-10,490 |
| 3 years | $-7,303 |
| 5 years | $-4,117 |
| 7 years | $-930 |
| 9 years | $2,256 |
| 11 years | $5,443 |
| 13 years | $8,629 |
| 15 years | $11,816 |
| 17 years | $15,002 |
| 19 years | $18,189 |
| 21 years | $21,375 |
| 23 years | $24,562 |
| 25 years | $27,748 |
Top Solar Installers in Redan
Many homeowners decide to hire a solar panel company since trying to install solar panels on your own can be hard. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're on the hunt for a solar company in Redan, the EcoWatch team has organized a list of our top suggestions here:
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 Redan
Factors that Affect Solar Panel Costs in Redan
While the average cost of a solar system in Redan is $12,084, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar system in Redan, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by around $2,550 for each additional kilowatt you need. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Redan offer solar loans, which reduce the initial cost of installing solar. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Redan, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions 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 solar company you choose will be a major factor in determining not only your overall 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 keep in mind, including:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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 Redan, GA Solar Cost FAQs
What is the average cost of installing solar panels in Redan?
This is a difficult question to answer precisely, because the cost depends on many 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Redan have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
How long do solar panels last in Redan?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.