Solar Panel Cost Guide in Tifton, GA (2024 Update)
- Tifton Solar Installation Cost: $16,871
- 25-Year Savings: $23,324
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Tifton
We break down average solar pricing in Tifton.
Although the national average of solar panels is $2.66 per watt, solar panels in Tifton typically cost about 4.Using this figure, a typical 6.4-kW system would cost about $16,871 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Tifton homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find going solar is a sound investment. The average homeowner in Tifton can save about $21,000 on their energy bills over 20 years.
To get a free estimate from a highly rated solar installer in Tifton, you can click the button below.
Solar savings over time in Tifton
| Year | Return on Investment |
|---|---|
| 1 years | $-15,278 |
| 3 years | $-12,092 |
| 5 years | $-8,905 |
| 7 years | $-5,719 |
| 9 years | $-2,532 |
| 11 years | $654 |
| 13 years | $3,841 |
| 15 years | $7,027 |
| 17 years | $10,213 |
| 19 years | $13,400 |
| 21 years | $16,586 |
| 23 years | $19,773 |
| 25 years | $22,959 |
Top Solar Installers in Tifton
Installing solar panels yourself can be a difficult project, which is why using a solar installer is a good option for many homeowners. The expertise that solar installers offer can be useful as well, particularly if you aren’t sure what brand of solar equipment you need.
If you’d like to switch to solar energy but still aren’t certain which solar panel company to go with, here are our recommendations for providers nearby:
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
Although the average cost of a solar system in Tifton is $16,871, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need 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 $3,740.The brand and type of equipment you get 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Tifton homeowners opt to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Tifton, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Tifton are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, 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 | $16,089 | 12.6 years |
| 8 kW | $3.81 | $21,363 | $21,871 | 12.4 years |
| 10 kW | $3.74 | $26,180 | $27,862 | 12.1 years |
| 12 kW | $3.67 | $30,788 | $34,062 | 11.9 years |
| 14 kW | $3.59 | $35,186 | $40,473 | 11.6 years |
| 16 kW | $3.52 | $39,375 | $47,092 | 11.4 years |
| 18 kW | $3.44 | $43,354 | $53,921 | 11.1 years |
| 20 kW | $3.37 | $47,124 | $60,960 | 10.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: If you care about the durability of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
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
How much does it cost to install solar panels in Tifton?
This is a difficult question to answer precisely, because the cost depends on a few different 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 other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels significantly reduce my electricity 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 long do solar panels last in Tifton?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
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.