Cost to install solar panels in georgia

How much do solar panels cost in Georgia?

As of August 2024, the average solar panel system costs $2.64/W including installation in Georgia. For a 5 kW installation, this comes out to about $13,219 before incentives, though prices range from $11,236 to $15,202. After the federal tax credit, the average price drops by 30%. You'll probably pay even less than what we show here.

How much does solar panel installation cost in Atlanta?

For example, prices for solar panel installation in Atlanta start at around $25,100, while prices in Helen start at $28,520. The average cost of solar panel installation in Atlanta is $37,250, with most people paying between $25,100 and $49,400. Compared to the average cost of solar panel installation, this is relatively expensive.

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.

Is Georgia a good state to install solar panels?

With higher than average electricity prices and abundant sunshine, Georgia's a pretty great state for solar energy. It may not have the best local solar incentives, but as a Georgian, you can still take advantage of solar's most valuable incentive, the Federal Tax Credit. Here's what you should know about installing solar panels in the Peach State.

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'.

Are solar panels a good investment in Georgia?

Solar power is blooming in the Peach State. Georgians use more energy every month than most Americans, which means installing solar panels in the area is more beneficial from a financial perspective than in most states. However, the high solar panel cost in Georgia can be a deterrent for many homeowners.