Solar Panel Cost Guide in Suwanee, GA (2024 Update)
- Suwanee Solar Installation Cost: $17,759
- 25-Year Savings: $22,071
- Payback Period: 13.7 Years
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Average Cost of Solar Panels in Suwanee
Find out what the average cost of a solar system is in Suwanee.
Although the national average of solar panels is $2.66 per watt, solar panels in Suwanee typically cost around 4.Using this figure, a typical 6.8-kW system would cost about $17,759 before the 0 federal solar tax credit is applied.
The actual price you pay can be above or below the average in Suwanee depending on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $18,000 over 20 years on energy bills.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Suwanee
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 Suwanee
Although you can install solar panels by yourself, it requires extra effort and expertise. For that reason, almost all homeowners choose to go with a solar panel installer. Companies can also provide access to quality options of the best solar panels and help you choose which one will be right for you.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Suwanee
Factors that Affect Solar Panel Costs in Suwanee
Even though the average cost of a solar system in Suwanee is $17,759, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the price of solar panels in Suwanee, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $3,740 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Suwanee, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Suwanee, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can affect your pricing. Suwanee’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Suwanee have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $12,347 | 14.2 years |
8 kW | $3.81 | $21,363 | $16,881 | 14.0 years |
10 kW | $3.74 | $26,180 | $21,625 | 13.7 years |
12 kW | $3.67 | $30,788 | $26,578 | 13.4 years |
14 kW | $3.59 | $35,186 | $31,741 | 13.1 years |
16 kW | $3.52 | $39,375 | $37,113 | 12.9 years |
18 kW | $3.44 | $43,354 | $42,695 | 12.6 years |
20 kW | $3.37 | $47,124 | $48,486 | 12.3 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. Because selecting a company can be difficult, we have some tips to help you, such as:
- Contract: Before you sign a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two 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 positive reviews from previous customers.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
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 Suwanee, GA Solar Cost FAQs
How much does it cost to install solar panels in Suwanee?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $18,700 for a 5-kW system and $37,400 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Suwanee?
Solar panels aren’t free in Suwanee, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can you sell solar power back to the grid in Suwanee?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.