Solar Panel Cost Guide in Sugar Hill, GA (2024 Update)
- Sugar Hill Solar Installation Cost: $17,759
- 25-Year Savings: $20,489
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Sugar Hill
Find out how much it might cost to make the switch to solar in Sugar Hill.
Although the national average of solar panels is $2.66 per watt, solar panels in Sugar Hill typically cost about 4.To cover the typical energy usage of the average home in Sugar Hill, most homeowners require a 6.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $17,759, or $25,395 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Sugar Hill homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $18,000 on energy bills over 20 years, many homeowners in Sugar Hill find installing solar panels has a decent ROI.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Sugar Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-16,166 |
| 3 years | $-12,980 |
| 5 years | $-9,793 |
| 7 years | $-6,607 |
| 9 years | $-3,420 |
| 11 years | $-234 |
| 13 years | $2,953 |
| 15 years | $6,139 |
| 17 years | $9,326 |
| 19 years | $12,512 |
| 21 years | $15,698 |
| 23 years | $18,885 |
| 25 years | $22,071 |
Top Solar Installers in Sugar Hill
Many homeowners opt for a solar installation company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Some solar companies, particularly local ones, can help you take advantage of incentives in Sugar Hill, optimizing your ROI.
If you're searching for a solar company in Sugar Hill, the EcoWatch team has 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 Sugar Hill
Factors that Affect Solar Panel Costs in Sugar Hill
While the average cost of a solar system in Sugar Hill is $17,759, your final cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $3,740 per kilowatt in Sugar Hill.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. On the other hand, higher efficiency could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Sugar Hill average.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a solid option because they lower your upfront costs and let you pay for your system over five to seven years on average.Though solar loans make adopting solar energy more accessible for Sugar Hill 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
A final consideration when trying to estimate the cost of solar for your home or business in Sugar Hill is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that offer a range of services at different price points.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $12,496 | 14.2 years |
| 8 kW | $3.81 | $21,363 | $17,080 | 13.9 years |
| 10 kW | $3.74 | $26,180 | $21,873 | 13.6 years |
| 12 kW | $3.67 | $30,788 | $26,876 | 13.3 years |
| 14 kW | $3.59 | $35,186 | $32,089 | 13.1 years |
| 16 kW | $3.52 | $39,375 | $37,511 | 12.8 years |
| 18 kW | $3.44 | $43,354 | $43,142 | 12.5 years |
| 20 kW | $3.37 | $47,124 | $48,983 | 12.3 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
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 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 $18,700 for a 5-kW system and $37,400 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model 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 initial 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 trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How will solar panels impact my property value?
Solar panels can increase the value of your home significantly 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% after installing solar panels."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.