Solar Panel Cost Guide in Sugar Hill, GA (Mar 2023)
- Sugar Hill Solar Installation Cost: $12,102
- 25-Year Savings: $20,495
- Payback Period: 9.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sugar Hill
Find out how much it might cost to go solar in Sugar Hill.
The national average cost of solar panels is $2.66 per watt, but in Sugar Hill it's 2.55 per watt. The average solar panel system size in Sugar Hill is around 6.8 kilowatts, meaning a cost of about $12,102 for a solar installation, or $17,306 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of making the switch to solar can vary depending on several factors, such as what size system you need, your energy consumption and what company you go with. Many homeowners find adopting solar power is a solid investment. The average homeowner in Sugar Hill can save around $18,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar installer in Sugar Hill for a personalized quote.
Solar savings over time in Sugar Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-10,798 |
| 3 years | $-8,191 |
| 5 years | $-5,583 |
| 7 years | $-2,975 |
| 9 years | $-367 |
| 11 years | $2,241 |
| 13 years | $4,849 |
| 15 years | $7,456 |
| 17 years | $10,064 |
| 19 years | $12,672 |
| 21 years | $15,280 |
| 23 years | $17,888 |
| 25 years | $20,495 |
Top Solar Installers in Sugar Hill
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of an installer can make switching to solar power much easier. A solar company can also help save you money in the long run by offering warranties, repairs and part replacements.
If you're searching for a solar company in Sugar Hill, the EcoWatch team has put together 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 (coming 2022)
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 Sugar Hill
Factors that Affect Solar Panel Costs in Sugar Hill
For many Sugar Hill homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Sugar Hill, with typical prices between $20,000 to $40,000. There are various factors that considerably 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 adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in Sugar Hill. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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. Also, if you want additional 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 energy bills over time, but they can also be a big investment. That's why many Sugar Hill homeowners decide to finance their solar panel systems to offset upfront costs. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installation company you pick will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. Companies that only sell high-efficiency and high-priced products — 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 go with 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 | $17,694 | 9.7 years |
| 8 kW | $2.60 | $14,566 | $23,877 | 9.5 years |
| 10 kW | $2.55 | $17,850 | $30,203 | 9.3 years |
| 12 kW | $2.50 | $20,992 | $36,673 | 9.1 years |
| 14 kW | $2.45 | $23,990 | $43,284 | 8.9 years |
| 16 kW | $2.40 | $26,846 | $50,039 | 8.7 years |
| 18 kW | $2.35 | $29,560 | $56,937 | 8.5 years |
| 20 kW | $2.29 | $32,130 | $63,977 | 8.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Sugar Hill, GA Solar Cost FAQs
How much does it cost to install solar panels in Sugar Hill?
The average cost of solar panels in Sugar Hill 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 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 Sugar Hill?
You can't get solar panels for free in Sugar Hill. 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 want to own your solar panels, you can finance them with a solar loan.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't go 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 many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.