Solar Panel Cost Guide in Savannah, MO (2023 Update)
- Savannah Solar Installation Cost: $13,278
- 25-Year Savings: $26,840
- Payback Period: 8.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Savannah
Here's how much it might cost to switch to solar power in Savannah.
The national average cost of solar panels is $2.66 per watt, but in Savannah it's 2.59 per watt. Since a 7.3-kW system is needed to cover the energy usage of a typical home in Savannah, the average price of going solar will be about $13,271 after claiming the federal solar tax credit of 30%.
These figures are only averages, and how much solar costs for you will vary based on the amount of energy your home requires and what company you want to go with. But, after you've paid the initial cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $21,000 over 20 years on energy bills.
You can click the button below to get connected with a top solar company in Savannah for a quote for your home.
Solar savings over time in Savannah
| Year | Return on Investment |
|---|---|
| 1 years | $-13,144 |
| 3 years | $-12,877 |
| 5 years | $-12,609 |
| 7 years | $-12,342 |
| 9 years | $-12,075 |
| 11 years | $-11,807 |
| 13 years | $-11,540 |
| 15 years | $-11,272 |
| 17 years | $-11,005 |
| 19 years | $-10,737 |
| 21 years | $-10,470 |
| 23 years | $-10,202 |
| 25 years | $-9,935 |
Top Solar Installers in Savannah
When going solar, many homeowners prefer to use a solar installer since installing solar panels yourself can be a challenging project. Plus, if you aren't sure what type of solar panels and equipment you want, a solar company can help you figure that out after a site survey and consultation.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Savannah
Factors that Affect Solar Panel Costs in Savannah
The cost of installing a solar system in Savannah can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company 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 electricity your household uses, the larger your system will likely need to be. You can expect to spend around $2,590 per kilowatt in Savannah. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Savannah, where sunlight is relatively 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Savannah to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Savannah is the company you hire to install your solar system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different price points. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that has 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 | $2.69 | $11,313 | $21,553 | 8.6 years |
| 8 kW | $2.64 | $14,794 | $29,027 | 8.4 years |
| 10 kW | $2.59 | $18,130 | $36,647 | 8.3 years |
| 12 kW | $2.54 | $21,321 | $44,411 | 8.1 years |
| 14 kW | $2.49 | $24,367 | $52,320 | 7.9 years |
| 16 kW | $2.43 | $27,268 | $60,375 | 7.8 years |
| 18 kW | $2.38 | $30,023 | $68,575 | 7.6 years |
| 20 kW | $2.33 | $32,634 | $76,919 | 7.4 years |
How to Save on Solar Panels
The solar panel company you go with will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, including:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a quality company.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, project timeline rebates and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Savannah, MO Solar Cost FAQs
What is the average cost of installing solar panels in Savannah?
The average cost of solar panels in Savannah is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Savannah?
You can't get solar panels for free in Savannah. 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 want to own your solar panels, you can finance them with a solar loan.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,095.53 per year.
How many solar panels should I get to power 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 house 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.