Solar Panel Cost Guide in Tifton, GA (2023 Update)
- Tifton Solar Installation Cost: $11,503
- 25-Year Savings: $23,324
- Payback Period: 8.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Tifton
We go over average solar pricing in Tifton.
Although the national average of solar panels is $2.66 per watt, solar panels in Tifton typically cost around 2.55. The average Tifton homeowner needs a 6.4-kilowatt system, which would cost about $11,495 with the federal tax credit, or $16,438 before the 30% tax credit is applied.
How much you pay can be above or below the average in Tifton based on a few factors, such as the type of solar panels you choose and the solar contractor you hire. Even with the high initial cost, the average Tifton homeowner can save about $21,000 on their power bills over 20 years, which is one of the perks of solar.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Tifton
| Year | Return on Investment |
|---|---|
| 1 years | $-11,387 |
| 3 years | $-11,155 |
| 5 years | $-10,923 |
| 7 years | $-10,691 |
| 9 years | $-10,458 |
| 11 years | $-10,226 |
| 13 years | $-9,994 |
| 15 years | $-9,762 |
| 17 years | $-9,530 |
| 19 years | $-9,298 |
| 21 years | $-9,065 |
| 23 years | $-8,833 |
| 25 years | $-8,601 |
Top Solar Installers in Tifton
Many homeowners choose to hire a solar installation company since trying to put up solar panels yourself can be challenging. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
If you'd like to switch to solar energy but still aren't certain which solar panel installer to go with, here are our recommendations for providers near you:
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
See all of the solar companies in Tifton
Factors that Affect Solar Panel Costs in Tifton
There are many criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production require 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 $2,550. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Tifton to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in higher prices over time due to interest. It's a good idea to factor 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Tifton, and each can charge different amounts for labor and equipment. The company's size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 | $21,287 | 8.6 years |
| 8 kW | $2.60 | $14,566 | $28,668 | 8.4 years |
| 10 kW | $2.55 | $17,850 | $36,192 | 8.3 years |
| 12 kW | $2.50 | $20,992 | $43,859 | 8.1 years |
| 14 kW | $2.45 | $23,990 | $51,668 | 7.9 years |
| 16 kW | $2.40 | $26,846 | $59,620 | 7.8 years |
| 18 kW | $2.35 | $29,560 | $67,716 | 7.6 years |
| 20 kW | $2.29 | $32,130 | $75,954 | 7.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose considerably impacts your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The brand of solar panel you need plays a part in which company you should opt for, since different companies have different panels.
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
EcoWatch's Tifton, GA Solar Cost FAQs
What is the average cost of installing solar panels in Tifton?
The average cost of solar panels in Tifton 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Tifton?
Solar panels aren't free in Tifton, 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 you can take advantage of.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,080.84 per year.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.