Solar Panel Cost Guide in Riverdale, GA (Nov 2022)

  • Riverdale Solar Installation Cost: $11,995
  • 25-Year Savings: $23,665
  • Payback Period: 8.4 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Riverdale

Let's take a look at the average cost of solar in Riverdale.

The average cost of a solar panel system in Riverdale is $3 per watt. Using this figure, a typical 6.7 would cost about $11,995 before the 30% federal solar tax credit is applied.

These figures are just averages, and the cost of going solar for you will most likely differ based on your energy needs and what company you go with. Many homeowners find going solar is a sound investment. The average homeowner in Riverdale can save around $20,000 on their energy bills over 20 years.

To receive a free estimate from a highly rated solar company in Riverdale, you can click the button below.

Solar savings over time in Riverdale

Year Return on Investment
1 years $-10,569
3 years $-7,716
5 years $-4,863
7 years $-2,010
9 years $843
11 years $3,695
13 years $6,548
15 years $9,401
17 years $12,254
19 years $15,107
21 years $17,960
23 years $20,812
25 years $23,665

Top Solar Installers in Riverdale

Many homeowners choose to use a solar installer since installing solar panels on your own can be a labor-intensive endeavor. Plus, if you're not certain what kind of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.

You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Riverdale

Factors that Affect Solar Panel Costs in Riverdale

For many Riverdale homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Riverdale, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment

One of the most important 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 uses, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in Riverdale. The brand and type of equipment you want 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 extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

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 Riverdale homeowners choose to finance their solar panel systems to make paying for solar more affordable. While solar loans make switching to solar energy more accessible for Riverdale homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Riverdale, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Riverdale are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.

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 $20,704 8.7 years
8 kW $2.60 $14,566 $27,891 8.6 years
10 kW $2.55 $17,850 $35,221 8.4 years
12 kW $2.50 $20,992 $42,694 8.2 years
14 kW $2.45 $23,990 $50,309 8.1 years
16 kW $2.40 $26,846 $58,068 7.9 years
18 kW $2.35 $29,560 $65,969 7.7 years
20 kW $2.29 $32,130 $74,013 7.6 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
  • Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
  • Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Riverdale, GA Solar Cost FAQs

How much does it cost to install solar panels in Riverdale?

This is a difficult question to answer exactly, 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. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

Is cost the most important thing to think about when buying solar panels?

Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

How much can I save on electricity bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,061.43 per year.

How long do solar panels last in Riverdale?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use 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.

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