Solar Panel Cost Guide in Tyrone, GA (Sep 2022)

  • Tyrone Solar Installation Cost: $11,995
  • 25-Year Savings: $20,883
  • Payback Period: 9.1 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Tyrone

Find out what the average cost of solar panel installation is in Tyrone.

The average cost of solar panels in Tyrone is $3 per watt. The average Tyrone homeowner needs a 6.7-kilowatt system, which would cost about $11,995, or $8,876 after the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of installing solar panels can vary based on a few factors, such as what size system you need, your energy usage and what company you go with. Despite the large initial cost, the average Tyrone homeowner can save about $19,000 on their power bills over 20 years, which is one of the positives of solar.

Click the button below to get connected to a top solar company in your area for a custom quote.

Solar savings over time in Tyrone

Year Return on Investment
1 years $-10,680
3 years $-8,050
5 years $-5,420
7 years $-2,789
9 years $-159
11 years $2,471
13 years $5,101
15 years $7,731
17 years $10,362
19 years $12,992
21 years $15,622
23 years $18,252
25 years $20,883

Top Solar Installers in Tyrone

Installing solar panels yourself can be a challenging task, which is why getting a solar installer is a good option for many homeowners. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be best for your home.

If you'd like to make the switch to solar but still aren't sure which solar system installer to go with, here are our recommendations for providers nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Tyrone

Factors that Affect Solar Panel Costs in Tyrone

The cost of installing a solar system in Tyrone can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.

Solar Equipment Size

The size of the system you need is one of the largest factors that determines the overall cost of going solar. Because of that, it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The 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. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Tyrone average.

Solar Financing Terms

Many homeowners find the average cost of solar in Tyrone to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Tyrone is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for instance, you'll have no shortage of solar installers that offer a range of services at different price points. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.

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 $18,221 9.5 years
8 kW $2.60 $14,566 $24,580 9.3 years
10 kW $2.55 $17,850 $31,082 9.1 years
12 kW $2.50 $20,992 $37,727 8.9 years
14 kW $2.45 $23,990 $44,515 8.8 years
16 kW $2.40 $26,846 $51,445 8.6 years
18 kW $2.35 $29,560 $58,518 8.4 years
20 kW $2.29 $32,130 $65,734 8.2 years

Solar Incentives in Tyrone

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Central Georgia EMC - Residential Energy Efficiency Home Plus Loan Program
Website Visit here
More Info Click here

How to Save on Solar Panels

There are numerous companies available in Tyrone, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:

  • Solar Panel Brands: Different companies will have different brands and models of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
  • Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
  • Installation Process: When going solar, it's essential to maintain an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the project timeline.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Tyrone, GA Solar Cost FAQs

How much does it cost to install solar panels in Tyrone?

The average cost of solar panels in Tyrone 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 like the type of solar panels you want, what size system you need and how much energy you use.

Is it better to lease or buy solar panels in Tyrone?

Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

Is making the switch to solar worth it?

Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.

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.

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