Solar Panel Cost Guide in Richmond Hill, GA (2025 Update)
- Richmond Hill Solar Installation Cost: $16,454
- 25-Year Savings: $26,397
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Richmond Hill
Find out what the average cost of solar panels are in Richmond Hill.
While the national average of solar panels is $2.66 per watt, solar panels in Richmond Hill typically cost about 4.Using this figure, a typical 6.3-kW system would cost about $16,454 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you may differ based on factors unique to your home and what company you go with.With typical savings of about $23,000 on power bills over 20 years, many homeowners in Richmond Hill find going solar can pay off big.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Richmond Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-14,861 |
| 3 years | $-11,675 |
| 5 years | $-8,488 |
| 7 years | $-5,302 |
| 9 years | $-2,115 |
| 11 years | $1,071 |
| 13 years | $4,258 |
| 15 years | $7,444 |
| 17 years | $10,631 |
| 19 years | $13,817 |
| 21 years | $17,003 |
| 23 years | $20,190 |
| 25 years | $23,376 |
Top Solar Installers in Richmond Hill
Installing solar panels yourself can be a stressful project, which is why using a solar installer is a good option for many homeowners. Since solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Richmond Hill
Factors that Affect Solar Panel Costs in Richmond Hill
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Richmond Hill: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Richmond Hill, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installation company you choose will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, 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 | $3.89 | $16,336 | $19,573 | 11.4 years |
| 8 kW | $3.81 | $21,363 | $26,516 | 11.2 years |
| 10 kW | $3.74 | $26,180 | $33,668 | 10.9 years |
| 12 kW | $3.67 | $30,788 | $41,030 | 10.7 years |
| 14 kW | $3.59 | $35,186 | $48,602 | 10.5 years |
| 16 kW | $3.52 | $39,375 | $56,383 | 10.3 years |
| 18 kW | $3.44 | $43,354 | $64,373 | 10.1 years |
| 20 kW | $3.37 | $47,124 | $72,573 | 9.8 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
EcoWatch's Richmond Hill, GA Solar Cost FAQs
What is the average cost of installing solar panels in Richmond Hill?
The average cost of solar panels in Richmond Hill is about $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Richmond Hill?
Solar panels aren’t free in Richmond Hill, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How much can I save on energy 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 $1,196.97 per year.
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 buy between 20 and 35 panels to account for 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.