Solar Panels Cost 9.5k-19k in Gresham Park CDP, GA | October, 2024

Solar Panels Cost $9.5k-$19k in Gresham Park CDP, GA | October, 2024

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How much do solar panels cost in Gresham Park CDP, GA in 2024?

You'll spend, on average, $3.4 per watt in Gresham Park CDP, GA in the month of October, 2024 to go solar.

Using the rate per watt, we are able to come to the conclusion that for every 1 kW (1000 watts) your solar panels can produce, you will have to spend, on average, $3,400 to have it installed. On average, the expense of a 5 kW solar system in Gresham Park CDP, after you subtract 30% federal tax credit, is around $11,900. To fully meet your energy demands, you could require more than a 5kW system.

On the left, select your county to view the typical roof size and the maximum production capacity for residential solar on houses in your area. Additionally, you can also see an outline of the costs, payback period and 20 year average savings for a 5 kW system in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Gresham Park CDP: $11,900US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Gresham Park 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.
Gresham Park CDP: $19,384US Average: $15,784

Solar Potential in Gresham Park CDP

Estimated system size and solar electricity production per median viable roof in
Gresham Park CDP.

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

Electricity Costs in Gresham Park CDP, GA & What that Means for Your Solar Panel Pricing

For Gresham Park CDP residents, the average monthly kWh usage is 1,009, with an standard electric bill of $151.60. Keep in mind that apartments and smaller dwellings, which generally have reduced energy consumption, are included in this statistic.

For October 2024, Gresham Park CDP, GA's mean electricity rate is 15.02¢ per kWh.

To fully meet the energy needs of an average user in Gresham Park CDP, a solar system of 8 kW or larger is needed. Before any incentives, an 8 kWsolar panel system will cost around $27,200, but with a 30% federal tax credit, the price drops to $19,040.

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Average solar panel costs by system size in Gresham Park CDP

Visible below and to the left is the pricing breakdown for multiple sizes of the solar panel systems in Gresham Park CDP. As expected, a larger solar system implies a greater initial expense, but it also results in more significant electricity savings and more substantial income tax credits.

The solar panel cost calculator below and to the right analyzes costs and benefits, based on an average $151.60 electric bill in Gresham Park CDP For a more accurate estimate, swap the $151.60 with your average electricity bill amount.

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

Gresham Park CDP Solar Panel Installation Incentives & Rebates | 2024

Between 80% and 100% of your solar or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. If you think you might be eligible, try our REAP Grant eligibility tool to confirm your qualification.

Most residents are eligible for the 30% federal income tax credit for residential solar, making it a viable option in numerous states throughout the country. On top of that, there are various state and local incentives to further encourage the adoption of solar energy.

Georgia offers 7 solar rebate and incentive programs through multiple utilities and government entities.

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?

For those planning to remain in their homes after the solar system's payback period, adding solar panels is a obvious choice in Gresham Park CDP. A 5 kW solar system in Gresham Park CDP, GA could potentially save you $24,484 over the course of 20 years, with the break even point typically at 7 years.

The cost of not having solar panels in Gresham Park CDP, GA

Beyond forgoing the savings noted above, the absence of solar panels or an alternative backup energy solution leads to total dependency on your electric utility for power. Total reliance on your utility isn't always the best scenario as the news has recently shown.

Annually, customers in Gresham Park CDP face approximately 1.19 outages each year. The average length of an outage is 126.36 minutes. In events like overloaded power grids, winter storms or vandalism, this duration can extend significantly.

Even without a backup battery, a solar panel system could alleviate the burden of potential future power disruptions you may face.

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 Gresham Park CDP, GA?

Your Energy Needs - The cost per watt is decreased with larger solar panel systems, even though the initial cost is higher. Numerous people find it beneficial to set up a solar energy system that can offset their entire electric bill. This ensures optimal savings.

Make & Model - Solar panels and mounting equipment, like many other products, come in different makes and models. The preferences for system that your installer has may make it essential to choose a reputable company. Consumers who opt for superior materials generally enjoy a better long-term experience.

Solar Panel Type - The standard in the industry is now monocrystalline panels, and for good reason. They are pricier but produce more energy. The majority of professionals in solar installation use panels crafted from this material.

Your Property - No two properties or homes are the same. Rough terrain, trees, or additional hindrances can make the installation process more challenging. The majority of solar installers today are able to use satellite imagery to assess your home and incorporate these elements in the first cost estimate.

Labor Rates - Employees get varied wages from different companies, and these costs are borne by the consumers. Companies that pay higher wages often receive higher reviews for their work and customer service.

Permitting & Interconnection - Installation costs will be affected by different local permitting and utility interconnection fees, depending on the region. Quality local installers will include these numbers into your first quotes to prevent any surprises.

See what solar panels cost in other GA cities

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Who are the best solar installers in Gresham Park 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.

Gresham Park CDP, GA Solar Panel Cost FAQs

  • As of October, 2024, the average solar panel installation cost in Gresham Park CDP, GA has reached $3.4/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Gresham Park CDP, GA is roughly $11,900.

  • There are 7 rebates and incentives available in Georgia from a range of utility providers and government organizations. Additionally, the vast majority qualify for the 30% federal tax credit.

  • Even though cash payments provide the greatest savings, many financing options for solar panels today are also cost-effective. Installers will often include details on financing partners in the quotes they provide initially.

  • Yes, the typical payback time for 5 kW solar panel systems in Gresham Park CDP, GA is 7 years, and the expected electricity cost savings over 20 years is $24,484.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01