Solar Panels Cost 9.5k-19k in Druid Hills CDP, GA | October, 2024

Solar Panels Cost $9.5k-$19k in Druid Hills CDP, GA | October, 2024

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How much do solar panels cost in Druid Hills CDP, GA in 2024?

Getting solar panels installed in October, 2024 in Druid Hills CDP, GA is around $3.4/W.

So, for every 1000 watts (or 1 Kw) your system can generate you will spend $3,400 to get your system installed in . After receiving the 30% federal tax credit, a 5 kW system in Druid Hills CDP sets you back $11,900. Be aware that a bigger system may be essential to ensure your energy requirements are met.

On the left-hand side, pick your county to determine the average roof size and the average maximum capacity for solar panel systems on homes within your area. Displayed below is a breakdown of the costs, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Druid Hills CDP: $11,900US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Druid Hills CDP: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Druid Hills CDP: $19,384US Average: $15,784

Solar Potential in Druid Hills CDP

Estimated system size and solar electricity production per median viable roof in
Druid Hills CDP.

Roof size 661sq. ft.
Capacity 9.25kW DC
Electricity 11.1kkWh AC per yr.

Electricity Costs in Druid Hills CDP, GA & What that Means for Your Solar Panel Pricing

On average, a Druid Hills CDP energy consumer uses1,009 kWh and pays $151.60 per month for electricity. Small residences, such as lofts and duplexes, are also included in the statistics mentioned in the prior sentence.

The mean rate for electricity in Druid Hills CDP, GA during October, 2024 is 15.02¢ per kWh.

In Druid Hills CDP, the typical energy consumer will need a solar power setup of 8 kW or more to cover their entire power demands. Currently, an 8 kW solar installation will cost around $19,040 after incentives.

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Average solar panel costs by system size in Druid Hills CDP

On the left and below, there is the pricing details for various sizes of the solar panel systems installed in Druid Hills CDP. Of course, a more extensive solar system means a higher initial expense, but it also leads to more significant electricity savings and more substantial income tax credits.

The breakdown of costs and benefits for solar panels, displayed in the calculator to the right and below, is based on an average electric bill of $151.60 in Druid Hills CDP. If you want more tailored results, just adjust the $151.60 to whatever your usual electricity bill is.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $943 a year
Est. Price
$9,520
Savings from a 4kWthis system
  • Est. yearly production 6,287 kWh
  • Est. monthly savings $79
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.31 tons a year
  • Equivalent to planting 106 trees a year
  • Equivalent to driving 5,723 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,179 a year
Est. Price
$11,900
Savings from a 5kWthis system
  • Est. yearly production 7,859 kWh
  • Est. monthly savings $98
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 2.89 tons a year
  • Equivalent to planting 133 trees a year
  • Equivalent to driving 7,154 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,415 a year
Est. Price
$14,280
Savings from a 6kWthis system
  • Est. yearly production 9,431 kWh
  • Est. monthly savings $118
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.47 tons a year
  • Equivalent to planting 159 trees a year
  • Equivalent to driving 8,585 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,650 a year
Est. Price
$16,660
Savings from a 7kWthis system
  • Est. yearly production 11,003 kWh
  • Est. monthly savings $138
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.05 tons a year
  • Equivalent to planting 186 trees a year
  • Equivalent to driving 10,016 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,886 a year
Est. Price
$19,040
Savings from a 8kWthis system
  • Est. yearly production 12,575 kWh
  • Est. monthly savings $152
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 4.47 tons a year
  • Equivalent to planting 205 trees a year
  • Equivalent to driving 11,069 mi less a year

Druid Hills CDP Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for photovoltaic or wind turbines for rural small businesses and farms. If you believe yourself eligible, we recommend utilizing our REAP Grant eligibility tool to confirm your qualification.

Most residents can qualify for a 30% federal income tax credit for residential solar, which makes it a practical option in numerous areas of the United States. Along with that, there are several state and local efforts designed to further encourage the uptake of solar energy.

Georgia offers 7 solar rebate and incentive initiatives through different utilities and government agencies.

Solar incentives in GA

Coweta-Fayette EMC - SmartChoice Home Program

Value:Up to $50

SmartChoice is an incentive program for residential Coweta-Fayette Electric Membership Corporation customers. Eligible participants may receive rebates or other financial assistance to purchase and install certain renewable or energy-efficient equipment. Specific eligible projects and rebates will vary from time to time. Current offers include home EV chargers, heat pumps, solar water heaters, and smart thermostats. Rebates are flat amounts and vary based on the type of project. Additional information is available from the CFEMC website.

Georgia Green Loans Save & Sustain Program

Value:Varies

Georgia Green Loans (GGL) is a microlender funded through grants from the 2009 federal stimulus package. Today, they offer specialized financing to Georgia businesses looking to make energy efficiency capital improvements. Eligible projects for loan funding include insulation/weatherization, HVAC, renewable energy, and appliances meeting ENERGY STAR certification. Available loan principal ranges from $500 to $50,000 with a five-year maximum repayment term. Interest rates may vary but will remain consistently low. Additional information is available through the GGL website.

Central Georgia EMC - Residential Energy Efficiency Rebate Program

Value:Varies

Through partnerships with local banks, residential Central Georgia EMC customers may be eligible for rebates on energy efficiency improvement projects. Incentives through the program may also fund the building of new homes built to certain green standards. Qualifying projects will vary from time to time. Interested customers should visit the CGEMC website to view and apply for current offers.

Walton EMC - HomePlus Loan Program

Value:Varies

Through a partnership with the GEMC credit union, Walton EMC customers may be eligible for special financing to fund energy efficiency improvement projects and equipment. A variety of upgrades qualify, including insulation/weatherization, windows, HVAC, and new renewable equipment including solar PV/thermal/heating systems. Interest rates may vary, but they will remain consistently low. The application process includes standard credit checks, a property title review, and an audit of the customer's bill payment record. Additional information is available through the Walton EMC website.

Coweta-Fayette EMC - Residential Energy Efficiency Rebate Program

Value:Varies

SmartChoice is an incentive program for residential Coweta-Fayette Electric Membership Corporation customers. Through the program, any homeowner on the CFEMC grid is entitled to a no-cost energy audit. Available auditing tools are comprehensive, even considering air leakage from the HVAC system. Depending on a customer's audit results, they may be entitled to rebates or other financial incentives on new equipment or improvements. Available rebate offers will vary from time to time. Rebates may also be applied to the construction of new energy-efficient homes. Additional information is available from the CFEMC website

Central Georgia EMC - Residential Energy Efficiency Home Plus Loan Program

Value:Varies

Through partnerships with local banks and lenders, residential and business customers of the Central Georgia Electric Membership Company (CGEMC) may be eligible for special financing on energy efficiency improvements. The property must meet certain ENERGY STAR standards to be eligible for loan funding. Interest rates remain uniquely low but will vary from time to time. The application process for residential customers involves an energy efficiency audit by a CGEMC representative. Projects not recommended by the auditor may not be recommended for financing. Additional information is available from the CGEMC website.

Georgia Interfaith Power and Light - Energy Improvement Grants

Value:Varies

Places of worship, including religious schools, seeking to make energy efficiency improvements may be eligible for grant funding from Georgia Interfaith Power & Light. The maximum allowed grant is $10,000 before application fees. Institutions must match grant funding through creation care/building funds, tithes, or other means. Allowable projects include (but are not limited to) windows, insulation/weatherization, and new solar PV/wind energy devices. New HVAC systems are not eligible. Once a grant is awarded, the institution must submit a follow-up report one year later. Additional information is available from the GIPL website.

Are solar panels worth it in Georgia?

If your intention is to stay in your home beyond the solar payback period, choosing solar panels is a good option in Druid Hills CDP. Having a 5 kW solar system in Druid Hills CDP, GA can potentially save you roughly $24,484 over a span of 20 years, with an average break even point of 7 years.

The cost of not having solar panels in Druid Hills CDP, GA

Beyond forgoing the savings, the absence of solar panels or another backup energy source results in full dependence on your electric utility for your power needs. As shown by many recent news reports, full reliance on your utility is not always ideal.

Each year, customers in Druid Hills CDP experience about 1.19 outages. On average, each outage lasts for 126.36 minutes. Major events like wildlife damage, aging infrastructure or lightning strikes can considerably extend these durations.

Whether it includes a backup battery or not, a solar panel system could ease the burden of any future power interruptions you may experience.

Power Outages

Currently, 0 customers are being tracked in DeKalb County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Druid Hills CDP, GA?

Your Energy Needs - The initial investment for larger solar panel installations is greater, but the average price per watt drops as the system grows. Many consumers realize it's a great idea to set up a solar system that can produce enough power to fully cover their electric bill, because it helps them save more money.

Make & Model - Just like other products, solar panels and mounting equipment are available in a range of makes and models. The potential brand preferences of your selected installer make it essential to choose a recommended company. For buyers desiring a better long-term experience, opting for higher quality makes and models is critical.

Solar Panel Type - For good reason why monocrystalline panels are now the industry standard. These panels cost more but yield a higher energy efficiency. The majority of installers in the industry work with panels made from this material.

Your Property - Each property and home has its own unique features. Uneven ground, trees, or other challenges may add to the difficulty of the installation. Solar installers today frequently utilize satellite imagery to evaluate your home and factor in these factors into the preliminary cost estimate.

Labor Rates - Employees receive varied wages from different companies, and these costs are passed on to the consumers. Usually, companies paying more in wages also enjoy higher ratings for their services and customer service.

Permitting & Interconnection - Installation costs will be impacted by varying local permitting and utility interconnection fees, depending on the region. Good installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other GA cities

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Who are the best solar installers in Druid Hills CDP?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Eagle Solar and Light

Birmingham, AL(205) 202-2208

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.

Velo Solar

Atlanta, GA(404) 640-5974

Services

  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Solar Sun World

Eatonton, GA(706) 318-0784

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Go Solar Power

Boca Raton, FL(800) 530-9597

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.

Power Home Solar

Mooresville, NC(704) 870-3670

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Entero Energy

Austin, TX(512) 551-0742

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

LightEdison

Denver, CO(888) 966-6377

Services

  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Solar Plus

Atlanta, GA(470) 378-1182

Services

  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Precision Renewables

Snyderville CDP, UT(435) 602-4120

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Druid Hills CDP, GA Solar Panel Cost FAQs

  • As of October, 2024, the average per-watt cost for solar panels in Druid Hills CDP, GA is $3.4/W. Post federal tax credit, a 5 kW solar panel system installation in Druid Hills CDP, GA will roughly cost $11,900.
  • In Georgia, you have access to 7 rebates and incentives provided by numerous utilities and government organizations. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
  • Choosing to pay cash provides the most savings, but today there are many financing options for solar panels that are also cost-effective. Information about financing options is typically included in initial quotes provided by installers.
  • Yes, in Druid Hills CDP, GA, the average time for 5 kW solar panel systems to pay for themselves is 7 years, leading to electricity savings of $24,484 over a 20-year period.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01