Solar Panels Cost 9.2k-18k in East Newnan CDP, GA | November, 2024

Solar Panels Cost $9.2k-$18k in East Newnan CDP, GA | November, 2024

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How much do solar panels cost in East Newnan CDP, GA in 2024?

In East Newnan CDP, GA, the cost per watt for solar panels averages $3.31/W in November, 2024.

Using the cost, you are able to conclude that for every 1000 watts (1 kW) your panels can produce you will have to invest $3,310 to have your system installed. After receiving the 30% federal tax credit, you can expect to pay around $11,585 for a 5 kW system in East Newnan CDP. Please consider, a 5kW system may not be enough to meet your energy demands.

By selecting your county on the left, you can see the average roof size and the average maximum capacity for residential solar panel systems in your area. Below is an analysis 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.
East Newnan CDP: $11,585US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
East Newnan CDP: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
East Newnan CDP: $19,973US Average: $16,169

Solar Potential in East Newnan CDP

Estimated system size and solar electricity production per median viable roof in
East Newnan CDP.

Roof size 715sq. ft.
Capacity 10kW DC
Electricity 12.5kkWh AC per yr.

Electricity Costs in East Newnan CDP, GA & What that Means for Your Solar Panel Pricing

East Newnan CDP residents generally consume 1,028 kWh of electricity each month, with bills averaging $152.18. {These numbers include apartments and other smaller homes, which generally have reduced energy consumption.

In November 2024, East Newnan CDP, GA's mean electricity rate is 14.8¢ per kWh.

In East Newnan CDP, a system size of 8 kW or more is needed for the typical energy consumer to account for all of their energy needs. Right now, an 8 kW solar panel system will set you back about $26,480upfront, but thanks to the federal tax credit, you receive 30% back, reducing the total to $18,536.

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Average solar panel costs by system size in East Newnan CDP

On the left side below, the cost breakdown for various sizes of solar panel systems set up in East Newnan CDP can be seen. The initial cost for more extensive solar systems is larger, but they also provide more significant electricity savings and higher income tax credits.

Check the solar panel cost calculator down and to the right to see the cost and benefit details derived from an average $152.18 electric bill in East Newnan CDP. Change the $152.18 with your typical electricity bill to get more detailed results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $943 a year
Est. Price
$9,268
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 2.25 tons a year
  • Equivalent to planting 103 trees a year
  • Equivalent to driving 5,569 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,179 a year
Est. Price
$11,585
Savings from a 5kWthis system
  • Est. yearly production 7,859 kWh
  • Est. monthly savings $98
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.81 tons a year
  • Equivalent to planting 129 trees a year
  • Equivalent to driving 6,961 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,415 a year
Est. Price
$13,902
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 3.37 tons a year
  • Equivalent to planting 155 trees a year
  • Equivalent to driving 8,353 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,650 a year
Est. Price
$16,219
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 3.94 tons a year
  • Equivalent to planting 181 trees a year
  • Equivalent to driving 9,746 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,886 a year
Est. Price
$18,536
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 4.35 tons a year
  • Equivalent to planting 200 trees a year
  • Equivalent to driving 10,771 mi less a year

East Newnan CDP Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant offers substantial financial support, potentially covering 80% to 100% of the costs for rural businesses and farms to install solar energy or wind energy systems. Think you might be eligible? Verify your qualification with our REAP Grant eligibility tool.

Most people can benefit from the 30% federal income tax credit for residential solar, making it a feasible investment in numerous areas of the country. Numerous regional and state programs are in place to encourage solar energy adoption.

There are 7 solar rebate and incentive initiatives currently available in Georgia by various utilities and government bodies.

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 goal is to maintain your home well past the payback period of your solar system, solar panels are an clear choice in East Newnan CDP. By installing a 5 kW solar system in East Newnan CDP, GA, you can expect to save around $24,938.2 over 20 years, with the break even point usually being 6 years.

The cost of not having solar panels in East Newnan CDP, GA

Apart from missing out on the savings noted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. Many recent news stories have made it evident that complete reliance on your utility isn't always the best idea.

Recently, customers in East Newnan CDP have experienced an average of 1.17 outages per year. The typical duration of each outage is 118.85 minutes. When significant events such as construction accidents, overloaded power grids or hurricanes occur, these time frames can become much longer.

A solar panel system, whether or not it has a backup battery, could help reduce the impact of future outages you might face.

Power Outages

Currently, 0 customers are being tracked in Coweta County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in East Newnan CDP, GA?

Your Energy Needs - The upfront cost for larger solar panel systems is larger, but the cost per watt decreases as the system size expands. Homeowners often find that setting up a solar system that can cover their entire electric bill is advantageous, leading to maximum savings.

Make & Model - There are numerous brands and models of solar panels. The installer you select may have particular brand preferences, so it's crucial to select a reputable contractor. Superior quality models generally result in a more satisfactory long-term experience for buyers.

Solar Panel Type - The standard in the industry is now monocrystalline panels, and justifiably so. They come with a higher price but are more efficient. Many solar panel installers use panels made of this kind of material.

Your Property - Every property and home is distinct. Trees, sloping terrain, or additional hurdles can make the installation more difficult. These days, solar installers typically use satellite images to evaluate your home and include these factors into the first cost estimate.

Labor Rates - The wages that companies offer their employees vary, and these expenses are inevitably shown in consumer prices. Usually, companies paying more in wages also enjoy higher ratings for their work and customer service.

Permitting & Interconnection - Permitting and utility interconnection fees change locally and will influence your installation cost. Quality local installers will include these figures in your first estimates to provide transparency.

See what solar panels cost in other GA cities

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Who are the best solar installers in East Newnan CDP?

Freedom Forever

Temecula, CA(800) 685-1850

Services

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

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.

Alternative Energy Southeast

Athens-Clarke County unified government, GA(770) 691-0966

Services

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

Velo Solar

Atlanta, GA(404) 640-5974

Services

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

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.

Core Development Group

(201) 825-2195

Services

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

Solar Sun World

Eatonton, GA(706) 318-0784

Services

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

Go Solar Power

West Palm Beach, FL(877) 558-1882

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.
  • Installation of solar arrays.
  • 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.

Power Home Solar

Mooresville, NC(704) 870-3670

Services

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

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

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

Palmetto Solar

Charleston, SC(855) 339-1831

Services

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

Entero Energy

Austin, TX(512) 551-0742

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

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

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • 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.
  • Reparation of batteries.
  • Installation of solar arrays.

Entegrity

Little Rock, AR(800) 700-1414

Services

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

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

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

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

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

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

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

Solar Plus

Atlanta, GA(470) 378-1182

Services

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

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.

East Newnan CDP, GA Solar Panel Cost FAQs

  • In November, 2024, the average cost of solar panels per watt in East Newnan CDP, GA is $3.31/W. After federal tax credits, the installation of a 5 kW solar panel system in East Newnan CDP, GA is estimated to cost $11,585.
  • There are 7 rebates and incentives available in Georgia from a range of utility providers and government organizations. Furthermore, the majority of people qualify for the 30% federal tax credit.
  • Paying cash offers the highest savings, but there are now numerous financing options for solar panels that are also cost-effective. Installers typically partner with financing companies and will provide this information into your initial quotes.
  • Yes, the average 5 kW solar panel payback period in East Newnan CDP, GA stands at 6 years, yielding average electricity savings of $24,938.2 over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-11-01