Solar Panel Cost Guide in South Fulton, GA (2024 Update)
- South Fulton Solar Installation Cost: $17,801
- 25-Year Savings: $21,630
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in South Fulton
Let’s have a look at the average cost of solar panels in South Fulton.
In South Fulton, solar panels cost about 4 per watt on average.The average solar panel system size in South Fulton is around 6.8 kilowatts, meaning a cost of about $17,801 for a solar installation, or $25,455 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy consumption and what installation company you go with.With typical savings of about $19,000 on energy bills over 20 years, many homeowners in South Fulton find installing solar panels can be quite rewarding.
To receive a free quote from a highly rated solar company in South Fulton, you can click the button below.
Solar savings over time in South Fulton
| Year | Return on Investment |
|---|---|
| 1 years | $-16,229 |
| 3 years | $-13,084 |
| 5 years | $-9,938 |
| 7 years | $-6,793 |
| 9 years | $-3,648 |
| 11 years | $-503 |
| 13 years | $2,643 |
| 15 years | $5,788 |
| 17 years | $8,933 |
| 19 years | $12,078 |
| 21 years | $15,224 |
| 23 years | $18,369 |
| 25 years | $21,514 |
Top Solar Installers in South Fulton
When going solar, many homeowners prefer to use a solar company since handling can be a time-consuming project. Plus, if you’re unsure what type of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're looking for a solar company in South Fulton, we've compiled 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
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 South Fulton
Factors that Affect Solar Panel Costs in South Fulton
There are a number of factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,740.The brand of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions 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 searching for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also increases your all-in costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in South Fulton, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $13,460 | 13.7 years |
| 8 kW | $3.81 | $21,363 | $18,366 | 13.4 years |
| 10 kW | $3.74 | $26,180 | $23,481 | 13.2 years |
| 12 kW | $3.67 | $30,788 | $28,805 | 12.9 years |
| 14 kW | $3.59 | $35,186 | $34,339 | 12.7 years |
| 16 kW | $3.52 | $39,375 | $40,082 | 12.4 years |
| 18 kW | $3.44 | $43,354 | $46,035 | 12.1 years |
| 20 kW | $3.37 | $47,124 | $52,197 | 11.9 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, including:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 South Fulton, GA Solar Cost FAQs
What is the average cost of installing solar panels in South Fulton?
The average cost of solar panels in South Fulton 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in South Fulton?
You can’t get solar panels for free in South Fulton. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your home value?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in South Fulton?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having 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.