Solar Panel Cost Guide in Roswell, GA (2024 Update)
- Roswell Solar Installation Cost: $17,899
- 25-Year Savings: $21,413
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Roswell
We break down average solar pricing in Roswell.
The national average cost of solar panels is $2.66 per watt, but in Roswell it’s 4 per watt.The average Roswell homeowner needs a 6.8-kilowatt system, which would cost about $17,899 with the federal tax credit, or $25,596 before the 0 tax credit is applied.
These figures are only estimates, and how much solar costs for you will vary based on the amount of energy your home requires and what company you choose to go with.But, after you've paid the initial cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $19,000 over 20 years on utility bills.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Roswell
| Year | Return on Investment |
|---|---|
| 1 years | $-16,306 |
| 3 years | $-13,120 |
| 5 years | $-9,933 |
| 7 years | $-6,747 |
| 9 years | $-3,560 |
| 11 years | $-374 |
| 13 years | $2,813 |
| 15 years | $5,999 |
| 17 years | $9,186 |
| 19 years | $12,372 |
| 21 years | $15,559 |
| 23 years | $18,745 |
| 25 years | $21,932 |
Top Solar Installers in Roswell
Installing solar panels on your own can be a time-consuming project, which is why getting a solar installation company is a good option for many homeowners. Another great thing about using a top solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Roswell:
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
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Roswell
Factors that Affect Solar Panel Costs in Roswell
There are a number of factors that can affect your total 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
When it comes to estimating the cost of a solar system in Roswell, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by about $3,740 for each additional kilowatt you need.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Roswell average.
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 Roswell homeowners choose to finance their solar panel systems to make going solar more affordable.While solar loans make going solar more accessible for Roswell homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can impact the cost. Roswell’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $13,165 | 13.8 years |
| 8 kW | $3.81 | $21,363 | $17,973 | 13.6 years |
| 10 kW | $3.74 | $26,180 | $22,990 | 13.3 years |
| 12 kW | $3.67 | $30,788 | $28,216 | 13.0 years |
| 14 kW | $3.59 | $35,186 | $33,652 | 12.8 years |
| 16 kW | $3.52 | $39,375 | $39,297 | 12.5 years |
| 18 kW | $3.44 | $43,354 | $45,151 | 12.2 years |
| 20 kW | $3.37 | $47,124 | $51,215 | 12.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process works and the completion timeline.
- 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 expectations you should have about your solar system’s energy production.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
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
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Roswell, GA Solar Cost FAQs
How much does it cost to install solar panels in Roswell?
The average cost of solar panels in Roswell is about $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Roswell?
A solar panel system isn’t free in Roswell, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is switching to solar power worth it?
Solar panels can be a good 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 electricity bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Roswell?
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 their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using 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.