Solar Panel Cost Guide in Rome, GA (2023 Update)
- Rome Solar Installation Cost: $12,424
- 25-Year Savings: $22,328
- Payback Period: 8.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Rome
Here's how much it might cost to make the switch to solar in Rome.
In Rome, solar panels cost about 2.55 per watt on average. To account for the typical energy needs of the average home in Rome, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs around $12,424, or $17,766 before the federal solar tax credit of 30% is applied.
How much you pay can be above or below the average in Rome based on a few factors, such as the type of solar panels you choose and the solar company you hire. For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $19,000 in savings on electricity bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Rome
Year | Return on Investment |
---|---|
1 years | $-11,034 |
3 years | $-8,253 |
5 years | $-5,473 |
7 years | $-2,693 |
9 years | $87 |
11 years | $2,867 |
13 years | $5,647 |
15 years | $8,428 |
17 years | $11,208 |
19 years | $13,988 |
21 years | $16,768 |
23 years | $19,548 |
25 years | $22,328 |
Top Solar Installers in Rome
Many homeowners opt for a solar installation company since installing solar panels on your own can be a labor-intensive endeavor. Also, companies with a high reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Rome:
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 Rome
Factors that Affect Solar Panel Costs in Rome
There are several criteria that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The model of solar panels and equipment you get is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment consists of 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 falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a popular choice because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and decide on the company that provides 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 | $18,827 | 9.3 years |
8 kW | $2.60 | $14,566 | $25,388 | 9.1 years |
10 kW | $2.55 | $17,850 | $32,092 | 8.9 years |
12 kW | $2.50 | $20,992 | $38,938 | 8.8 years |
14 kW | $2.45 | $23,990 | $45,928 | 8.6 years |
16 kW | $2.40 | $26,846 | $53,060 | 8.4 years |
18 kW | $2.35 | $29,560 | $60,336 | 8.2 years |
20 kW | $2.29 | $32,130 | $67,753 | 8.0 years |
How to Save on Solar Panels
The company that does your solar panel 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: When going solar, it's necessary to keep an open line of communication with your solar panel company. See to it that you understand how the installation process works and the completion timeline.
- 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.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, completion timeline incentives and warranties.
- 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 choose.
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 Rome, GA Solar Cost FAQs
What is the average cost of installing solar panels in Rome?
The average cost of solar panels in Rome is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is it worth going solar in Rome?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 higher 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.