Solar Panel Cost Guide in Toccoa, GA (2024 Update)
- Toccoa Solar Installation Cost: $17,537
- 25-Year Savings: $24,836
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Toccoa
Find out what the average cost of a solar system is in Toccoa.
Although the national average of solar panels is $2.66 per watt, solar panels in Toccoa typically cost around 4.The average solar panel system size in Toccoa is around 6.7 kilowatts, meaning a cost of about $17,537 for a solar installation, or $25,078 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Toccoa homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the significant upfront cost, the average Toccoa homeowner can save around $21,000 on their energy bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a pre-vetted solar installer in Toccoa that can help you get a more accurate cost estimate for your home.
Solar savings over time in Toccoa
| Year | Return on Investment |
|---|---|
| 1 years | $-15,918 |
| 3 years | $-12,681 |
| 5 years | $-9,443 |
| 7 years | $-6,206 |
| 9 years | $-2,968 |
| 11 years | $270 |
| 13 years | $3,507 |
| 15 years | $6,745 |
| 17 years | $9,983 |
| 19 years | $13,220 |
| 21 years | $16,458 |
| 23 years | $19,695 |
| 25 years | $22,933 |
Top Solar Installers in Toccoa
Although you can install solar panels by yourself, it takes extra energy and know-how. Because of that, almost all homeowners choose to go with a solar panel installer. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over time.
If you're searching for a solar company in Toccoa, we've 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
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 Toccoa
Factors that Affect Solar Panel Costs in Toccoa
The cost of installing a solar system in Toccoa can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
One of the most important 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 pay about $3,740 per kilowatt in Toccoa.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Toccoa, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
If paying for solar panels out of pocket is out of reach, solar loans are an affordable route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Toccoa, and each can charge varying amounts for labor and equipment.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and decide on the company that offers the products, warranties and services you’re looking for 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 | $3.89 | $16,336 | $16,619 | 12.4 years |
| 8 kW | $3.81 | $21,363 | $22,577 | 12.2 years |
| 10 kW | $3.74 | $26,180 | $28,745 | 11.9 years |
| 12 kW | $3.67 | $30,788 | $35,122 | 11.7 years |
| 14 kW | $3.59 | $35,186 | $41,709 | 11.4 years |
| 16 kW | $3.52 | $39,375 | $48,505 | 11.2 years |
| 18 kW | $3.44 | $43,354 | $55,511 | 11.0 years |
| 20 kW | $3.37 | $47,124 | $62,726 | 10.7 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: It’s important to read your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- 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.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Toccoa, GA Solar Cost FAQs
How much does it cost to install solar panels in Toccoa?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Toccoa?
You can’t get solar panels for free in Toccoa. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Does Toccoa have a net metering program?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Toccoa?
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.