Solar Panel Cost Guide in Tyrone, GA (Mar 2023)
- Tyrone Solar Installation Cost: $11,995
- 25-Year Savings: $20,883
- Payback Period: 9.1 Years
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Updated March 14, 2023
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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 2.55 per watt. The average Tyrone homeowner needs a 6.7-kilowatt system, which would cost about $11,995 with the federal tax credit, or $17,153 before the 30% tax credit 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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 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
Solar system size, which is measured in kilowatts, 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 |
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Tyrone, GA Solar Cost FAQs
What is the average cost of installing solar panels in Tyrone?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Tyrone?
Solar panels aren't free in Tyrone, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on electricity bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Tyrone, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last 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.