Solar Panel Cost Guide in Statesboro, GA (Feb 2023)

  • Statesboro Solar Installation Cost: $11,531
  • 25-Year Savings: $22,384
  • Payback Period: 8.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Statesboro

Find out what the average cost of solar panel installation is in Statesboro.

In Statesboro, solar panels cost about $3 per watt on average. The average solar panel system size in Statesboro is around 6.5 kilowatts, meaning a cost of about $11,531 for a solar installation, or $8,533 after the 30% federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average Statesboro homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Even with the large upfront cost, the average Statesboro homeowner can save about $20,000 on their power bills over 20 years, which is one of the benefits of solar.

Click the button below to get connected to a highly rated solar company in your area for a customized estimate.

Solar savings over time in Statesboro

Year Return on Investment
1 years $-10,174
3 years $-7,461
5 years $-4,748
7 years $-2,035
9 years $678
11 years $3,392
13 years $6,105
15 years $8,818
17 years $11,531
19 years $14,245
21 years $16,958
23 years $19,671
25 years $22,384

Top Solar Installers in Statesboro

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with a solar panel installer can make your swap to solar power much easier. The expertise that solar companies offer can be invaluable as well, particularly if you aren't sure what brand of solar equipment you need.

If you'd like to go solar but still aren't sure which solar company to go with, here are our suggestions for providers 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 Statesboro

Factors that Affect Solar Panel Costs in Statesboro

Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Statesboro: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.

Solar Equipment

The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,550. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Statesboro average.

Solar Financing Terms

Most solar installers in Statesboro offer solar loans, which reduce your upfront costs of installing a solar system. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.

Solar Panel Installation Company

Finally, the company you hire to install your solar panels can affect how much it costs. Statesboro's solar companies all have different labor costs and add varying upcharges to 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 extra services like electric car 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 $2.65 $11,138 $20,377 8.8 years
8 kW $2.60 $14,566 $27,454 8.7 years
10 kW $2.55 $17,850 $34,675 8.5 years
12 kW $2.50 $20,992 $42,038 8.3 years
14 kW $2.45 $23,990 $49,545 8.2 years
16 kW $2.40 $26,846 $57,194 8.0 years
18 kW $2.35 $29,560 $64,985 7.8 years
20 kW $2.29 $32,130 $72,920 7.6 years

How to Save on Solar Panels

The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
  • Solar Panel Brands: The kind of solar panel you need plays a role in which company you should opt for, since different companies offer different panels.
  • Contract: Review the contract terms carefully to make sure you understand the cost breakdown, completion timeline rebates and warranties.
  • Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.

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 Statesboro, GA Solar Cost FAQs

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

The average cost of solar panels in Statesboro is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real 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.

Are solar panels free in Statesboro?

You can't get solar panels for free in Statesboro. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.

Is making the switch to solar worth it?

Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy needs and how much 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 cover 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.

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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