Solar Panel Cost Guide in Union City, GA (2023 Update)
- Union City Solar Installation Cost: $12,138
- 25-Year Savings: $20,641
- Payback Period: 9.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Union City
Here's how much it might cost to go solar in Union City.
In Union City, solar panels cost about 2.55 per watt on average. The average solar panel system size in Union City is around 6.8 kilowatts, meaning a cost of about $12,138 for a solar installation, or $17,357 before the 30% federal solar tax credit is applied.
These figures are just estimates, and your own solar costs may differ based on factors unique to your home and what company you want to go with. With typical savings of about $18,000 on energy bills over 20 years, many homeowners in Union City find investing in solar has a decent ROI.
You can click the button below to get connected with a top solar installer in Union City that can help you get a more accurate cost estimate for your home.
Solar savings over time in Union City
Year | Return on Investment |
---|---|
1 years | $-10,827 |
3 years | $-8,204 |
5 years | $-5,582 |
7 years | $-2,960 |
9 years | $-337 |
11 years | $2,285 |
13 years | $4,907 |
15 years | $7,530 |
17 years | $10,152 |
19 years | $12,774 |
21 years | $15,397 |
23 years | $18,019 |
25 years | $20,641 |
Top Solar Installers in Union City
When going solar, many homeowners decide to use a solar installation company since overseeing your solar installation yourself can be a difficult project. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Union City:
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 Union City
Factors that Affect Solar Panel Costs in Union City
The cost of installing a solar system in Union City can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,550. The type of solar equipment you choose can increase or decrease your cost 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 over time on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Union City average.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also increases your total costs, so it's vital to consider that as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $17,786 | 9.6 years |
8 kW | $2.60 | $14,566 | $24,000 | 9.4 years |
10 kW | $2.55 | $17,850 | $30,357 | 9.3 years |
12 kW | $2.50 | $20,992 | $36,857 | 9.1 years |
14 kW | $2.45 | $23,990 | $43,500 | 8.9 years |
16 kW | $2.40 | $26,846 | $50,285 | 8.7 years |
18 kW | $2.35 | $29,560 | $57,213 | 8.5 years |
20 kW | $2.29 | $32,130 | $64,284 | 8.3 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Warranty: If you care about the durability of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
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 Union City, GA Solar Cost FAQs
What is the average cost of installing solar panels in Union City?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly 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 additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Union City?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to 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 financial benefits from going solar.
Can solar panels completely eradicate my power 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 $964.14 per year.
How long do solar panels last in Union City?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.