How much do solar panels cost in Georgia?

On average, installing solar panels in Georgia costs about $19,635 after taking into account the federal solar investment tax credit. That’s roughly 17% more than the U.S. average of $16,715. While solar panels in Georgia are relatively pricey, the savings over 25 years can add up to $23,182. That can make it well worth going solar.

How much do solar panels cost?

The cost of solar panels in Georgia is currently lower than the average price of $3.00 per watt across the United States for residential solar power systems. The size of a solar panel system affects the installation cost, with larger installations having a lower cost per watt due to 'bulk pricing'.

What tax credits do solar panels get in Georgia?

The federal solar investment tax credit (ITC) is the biggest factor reducing the cost of going solar in Georgia. If you install a residential solar panel system by the end of 2032, you receive a federal income tax credit equal to 30% of the system's total cost. That includes equipment, labor and permits.

What are the largest solar installations in Georgia?

One of the largest solar installations in Georgia is Butler Solar Project 103. As the average cost of solar drops and more large solar projects come online, more and more Georgia residents will be able to use clean, renewable energy in their homes, even without installing rooftop solar. The passage does not provide a complete list, but mentions one notable installation.

How much does it cost to install a solar system?

Installing a residential solar panel system — also called a photovoltaic or PV system — can cost between $10,000 to $30,000 or more. Individual costs vary significantly. On the high end, Brad in Bogart said he was quoted $40,000 to go solar, including battery backup. The size of your system plays a big factor in the cost.

Is Georgia a good place to install solar panels?

Georgia is a good place for solar installations, with 217 sunny days a year and high power bills. The dropping prices of solar panels and decreasing installation costs and time have led to an increase in the number of Georgians opting for residential solar installations. The solar industry in Georgia is growing.