Georgia solar panel production equipment prices

How much do solar panels cost in Georgia?

As of October 2024, the average solar panel system costs $2.63/W including installation in Georgia. For a 5 kW installation, this comes out to about $13,173 before incentives, though prices range from $11,197 to $15,149. 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 a 5 kW solar system cost in Georgia?

While a 5 kW system will only cost you $13,173 in Georgia, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill. Are solar panels worth it in Georgia?

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'.

How much does a power system cost in Georgia?

For Georgia, you can use $3.52 per watt to determine the price of a larger system (system size x price per watt x 0.7 to account for tax incentives). High Power Bills? Cost: About $12,635 for a 5 kW system to $22,743 for a 9 kW system after tax credit. Savings: 7 year payback; about $24,566 saved over 20 years.