Solar Panel Cost Guide in Woodstock, GA (2023 Update)
- Woodstock Solar Installation Cost: $12,299
- 25-Year Savings: $21,600
- Payback Period: 9.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Woodstock
Let's have a look at the average cost of solar in Woodstock.
While the national average of solar panels is $2.66 per watt, solar panels in Woodstock generally cost about 2.55. The average solar panel system size in Woodstock is around 6.9 kilowatts, meaning a cost of about $12,299 for a solar installation, or $17,588 before the 30% federal solar tax credit is applied.
The true cost of your system can go above or below the average in Woodstock based on several factors, such as the brand of solar panels you choose and the solar company you hire. With average savings of about $19,000 on utility bills over 20 years, many homeowners in Woodstock find installing solar panels can be quite rewarding.
To get a free estimate from a top solar company in Woodstock, you can click the button below.
Solar savings over time in Woodstock
| Year | Return on Investment |
|---|---|
| 1 years | $-10,943 |
| 3 years | $-8,231 |
| 5 years | $-5,519 |
| 7 years | $-2,807 |
| 9 years | $-95 |
| 11 years | $2,617 |
| 13 years | $5,328 |
| 15 years | $8,040 |
| 17 years | $10,752 |
| 19 years | $13,464 |
| 21 years | $16,176 |
| 23 years | $18,888 |
| 25 years | $21,600 |
Top Solar Installers in Woodstock
Many homeowners decide to hire a solar installer since trying to install solar panels by yourself can be a labor-intensive endeavor. The expertise that solar installers provide can be valuable as well, particularly if you aren't sure what kind of solar equipment would be right for your home.
If you'd like to start using solar energy but still aren't certain which solar panel company to go with, here are our suggestions for providers near you:
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 Woodstock
Factors that Affect Solar Panel Costs in Woodstock
There are many criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panel systems 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 $2,550. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted 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 more 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
If paying for solar panels out of pocket is too expensive, solar loans are a popular route because they decrease your upfront costs and let you pay for your system over five to seven years on average. 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 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 getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies in Woodstock, and each can charge different amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $18,381 | 9.4 years |
| 8 kW | $2.60 | $14,566 | $24,793 | 9.3 years |
| 10 kW | $2.55 | $17,850 | $31,348 | 9.1 years |
| 12 kW | $2.50 | $20,992 | $38,047 | 8.9 years |
| 14 kW | $2.45 | $23,990 | $44,887 | 8.7 years |
| 16 kW | $2.40 | $26,846 | $51,871 | 8.5 years |
| 18 kW | $2.35 | $29,560 | $58,998 | 8.3 years |
| 20 kW | $2.29 | $32,130 | $66,267 | 8.2 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: If you're worried about the endurance of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid 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
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 Woodstock, GA Solar Cost FAQs
How much does it cost to install solar panels in Woodstock?
The average cost of solar panels in Woodstock is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Woodstock?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.