How much do solar panels cost in Smyrna, GA?
- Cost: About $12,180 for a 5 kW system to $21,924 for a 9 kW system after tax credit.
- Savings: 8 year payback; about $20,258 saved over 20 years.
- Environmental benefits: Potential to reduce your carbon emissions significantly.
Installing a 5 kW solar panel system on your Smyrna home can cost about $12,180 after tax incentives. Solar panel systems are measured by kW production, and the average system costs about $3,482 per kW of installed capacity. Looked at another way, you'll pay about $3.48 per watt for installation.
That said, our data shows an a 9 kW system is the best size for Smyrna residents. This is because people in Smyrna consume 1,028 kWh per month of energy. The average electric bill is $135.19 per month with an average price of 13.15¢ per kWh. Considering this average, the right solar panel system has the potential to save you money in Smyrna.
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Are solar panels worth it in Smyrna?
Let's take a closer look at whether solar panels are worth it. To figure this out, you'll want to compare your estimated savings after solar to what you'd pay in energy without solar panels.
The payback period is the amount of time until you break even on your investment considering savings from energy bills. And the net 20-year savings is what you save over 20 years minus the upfront costs. Considering energy prices tend to rise over time, it's usually worth it to get solar panels if you can get a good installation price.
5 kWh System | Smyrna Average | U.S. Average |
---|---|---|
Upfront Cost | $12,180 | $12,530 |
Payback period | 8 Years | 7 Years |
Net 20-year savings | $20,258 | $22,173 |
*These are estimates. Getting personalized quotes from local installers is crucial for accurate pricing. |
What's the best solar system size in Smyrna, Georgia?
To find out the right size of the solar system for your home, consider your energy usage, local sun hours, and available roof space. Here's what the average solar potential looks like in Smyrna:
- Roof size: 778 sq. ft.
- System capacity: Up to 13,447 kW DC
- Electricity production: About 1,527 kWh AC per year
The goal with solar panels is to find the sweet spot where you generate the electricity you need and can save enough energy costs to recoup your investment in a reasonable time.
Below you can see power generation, cost, and savings of different system sizes.
5 kW System | 6 kW System | 7 kW System | 8 kW System | 9 kW System | |
---|---|---|---|---|---|
Roof Space | 358 ft² | 429 ft² | 501 ft² | 572 ft² | 644 ft² |
Annual power value | $1,004 | $1,205 | $1,405 | $1,606 | $1,622 |
Average cost | $12,180 | $14,616 | $17,052 | $19,488 | $21,924 |
Average yearly production | 7,634 kWh | 9,161 kWh | 10,688 kWh | 12,215 kWh | 13,742 kWh |
Average monthly savings* | $83.65 | $100.38 | $117.11 | $133.84 | $135.19 |
Full payback period | 8 years | 9 years | 11 years | 12 years | 14 years |
CO₂ reduction per year | 2.69 tons | 3.23 tons | 3.77 tons | 4.31 tons | 4.35 tons |
*Savings assume a $135.19 monthly electricity bill |
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How to pay for solar panels in Smyrna, Georgia
Purchasing solar panels is no small task. Here are a few ways you can pay for solar:
- Cash purchase: This is the best choice if you can afford it. Paying in cash gives you the best long-term savings but requires a larger upfront investment, of course.
- Solar loans: You can spread the cost over time with a loan, but be mindful of interest rates and loan terms.
- Solar leases and PPAs: Power purchase agreements (PPA) and leases have lower upfront costs. However, you don't own the system, which means you save the least over time. There can also be complications if you want to sell your home.
What affects the cost of solar panels in Smyrna?
Several factors impact the final price of your solar installation:
- System size: Larger systems cost more upfront but often yield greater long-term savings.
- Panel type and efficiency: Monocrystalline panels are generally more efficient and expensive than polycrystalline or thin-film options.
- Installation complexity: Roof type, shading, and site-specific challenges can increase installation costs. Permitting and inspection fees also factor in.
- Additional considerations: Battery storage adds to the initial investment but provides backup power and greater energy independence. Labor and installation quality are also essential cost considerations.
How to save on Smyrna, GA solar panel costs
Getting the most bang for your buck is essential when investing in solar. Here are some strategies to save money:
- Maximize the federal tax credit: Understand the eligibility requirements and claim the full 30% credit.
- Shop around for quotes: Get quotes from multiple installers to compare pricing and services. Don't just focus on the lowest price; consider reputation, experience, and warranty.
- Consider system size: Be careful of going overboard. A properly sized system will meet your energy needs without unnecessary costs. Analyze your energy usage to determine the optimal size.
- Explore financing options: Compare loan interest rates and terms carefully. If considering a lease or PPA, understand the long-term implications and potential trade-offs. Cash purchases often offer the best long-term savings.
- Negotiate with installers: Don't be afraid to negotiate on price. Inquire about any discounts or promotions they may offer.
- Optimize your home's energy efficiency: Before going solar, improve your home's energy efficiency. This will reduce your overall energy consumption and potentially allow you to install a smaller, less expensive solar system. Simple steps like sealing air leaks and upgrading appliances can make a difference.
- DIY (if possible and permitted): While professional installation is generally recommended, some homeowners may be able to handle certain tasks themselves (like site preparation). Check your local regulations and be honest about your abilities.
- Ask about rebates and incentives: Many states, cities, and utility companies offer rebates, net metering, and other incentives. Check with your local utility and city/county for any available programs.
- Time your installation: Sometimes, installers offer discounts during slower periods. Inquiring about seasonal promotions might yield savings.
Georgia-specific solar considerations
- Weather Impacts: Georgia benefits from generous sun exposure that makes for strong solar performance. While you can count on plenty of sun, occasional severe storms and humid conditions mean that your system should be built to handle a bit of variability.
- Regulatory and Legal Considerations: The permitting process in Georgia varies by region. Some areas are pretty streamlined, while others have more hoops to jump through. And if you live in an HOA community, check out their guidelines to ensure your installation fits right in.
Get a custom solar quote in Smyrna
Solar panels are worth it for many homeowners considering energy costs tend to rise over time. Compare your ongoing energy costs to the cost of a solar panel system to see if it's worth it for your Smyrna home. We recommend getting a few quotes from different solar installers to find the best option.
Go Solar for less than your cell phone bill.
Solar panel pricing in cities near Smyrna, Georgia
Compare solar panel prices wih neighboring cities.
- Marietta, Georgia solar panel prices
- Atlanta, Georgia solar panel prices
- South Fulton, Georgia solar panel prices
- Sandy Springs, Georgia solar panel prices
- Brookhaven, Georgia solar panel prices
- Dunwoody, Georgia solar panel prices
- Roswell, Georgia solar panel prices
- Alpharetta, Georgia solar panel prices
- Johns Creek, Georgia solar panel prices
- Stonecrest, Georgia solar panel prices
Or look in a different location.
Who are the best solar installers in Smyrna, Georgia?
FAQs about Smyrna, GA solar panels
How much do solar panels cost in Smyrna, Georgia?
Our data shows solar panels can range from $12,180 for a 5 kW system to $21,924 for an 9 kW system after tax credits. Total costs depend on the panel brand, type of inverter, installation company, and more.
How do I pay for solar panels?
The best ways to pay for solar panels include using cash or finding a loan with a good interest rate. We recommend avoiding power purchase agreements or solar panel lease programs since these reduce your savings significantly.
How much can I save with solar panels in Smyrna?
How much you save depends on your current energy costs, usage, and the size of the system you need. Our data shows the average 5 kW system in Smyrna saves owners $20,258 over a 20-year period.
Do solar panels work during a power outage?
Grid-tied solar panels typically shut off during a power outage to protect utility workers. If you want security for outages in Smyrna, you can get a battery storage system to have a backup power supply.