Solar Panels Cost $11k-$20k in Henry County, GA | November, 2024
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How much do solar panels cost in Henry County, GA in 2024?
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In the month of November, 2024 in Henry County, GA you'll pay approximately $3.29 per watt to go solar.
So, for every 1000 watts (or 1 Kw) your system can generate you will spend $3,290 to get your system installed in . When you consider the 30% federal tax credit, you can expect to pay around $11,515 for a 5 kW system in Henry County. However, a 5kW systemmay not be enough to fulfill your energy needs.
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.
Henry County: $11,515US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Henry County: 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.
Henry County: $21,144US Average: $16,169
Solar Potential in Henry County
Estimated system size and solar electricity production per median viable roof in Henry County.
Roof size 697sq. ft.
Capacity 9.75kW DC
Electricity 12.3kkWh AC per yr.
Electricity Costs in Henry County, GA & What that Means for Your Solar Panel Pricing
The typical electricity bill for a Henry County resident is 156.64, with a monthly consumption of 1,171 kWh. Please note that this statistic includes apartments and smaller homes, which typically have reduced energy needs.
For November 2024, the mean electricity rate in Henry County, GA is 13.38¢ per kWh.
Initially, a 9 kW setup is priced at $29,610, but after a 30% tax credit, you’re looking at a total of $20,727.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Henry County
Displayed on the left and below is the price breakdown for different sizes of the solar panel systems installed in Henry County. While a more extensive solar installation has a higher price, it also yields higher electricity savings and more substantial income tax credits.
The solar panel cost calculator to the right and below breaks down costs and benefits, using an average $156.64 electric bill in Henry County Change the $156.64 to your average bill payment for custom results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,022 a year
Est. Price
$11,515
Savings from a 5kWthis system
Est. yearly production 7,859 kWh
Est. monthly savings $85
Full payback in 6 years
Environmental Impacts
Reduces CO2 emissions by 2.36 tons a year
Equivalent to planting 108 trees a year
Equivalent to driving 5,841 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,226 a year
Est. Price
$13,818
Savings from a 6kWthis system
Est. yearly production 9,431 kWh
Est. monthly savings $102
Full payback in 7 years
Environmental Impacts
Reduces CO2 emissions by 2.83 tons a year
Equivalent to planting 130 trees a year
Equivalent to driving 7,009 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,430 a year
Est. Price
$16,121
Savings from a 7kWthis system
Est. yearly production 11,003 kWh
Est. monthly savings $119
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 3.3 tons a year
Equivalent to planting 152 trees a year
Equivalent to driving 8,177 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,635 a year
Est. Price
$18,424
Savings from a 8kWthis system
Est. yearly production 12,575 kWh
Est. monthly savings $136
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 3.78 tons a year
Equivalent to planting 173 trees a year
Equivalent to driving 9,346 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,839 a year
Est. Price
$20,727
Savings from a 9kWthis system
Est. yearly production 14,147 kWh
Est. monthly savings $153
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 4.25 tons a year
Equivalent to planting 195 trees a year
Equivalent to driving 10,514 mi less a year
Henry County 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 9 solar rebate and incentive initiatives through different utilities and government agencies.
Solar incentives in GAIncentive Description Value
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.
Jackson EMC - Right Choice Sun Power Rebate Program
Value:Up to $4,500
Residential customers of the Jackson EMC may be entitled to a significant rebate on solar PV or thermal systems. The incentives serve as "fair compensation" for renewable energy credits customers generate through the use of their equipment. Interested homeowners should apply while designing and purchasing their system. JEMC will conduct site surveys, review plans, and grant provisional approval for net metering as a condition for installation to begin. Once approved, customers should choose a NABCEP certified contractor for installation work. Currently, customers may receive a one-time rebate of $450 per kW of DC capacity in addition to compensation received from net metering. Additional information is available from the JEMC 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.
City of Atlanta - Sustainable Development Design Standards
Value:Varies
Atlanta has required new city buildings or publicly-funded local projects to meet certain green building standards through an ordinance first approved in 2003. Any building or lot over 5,000 feet must achieve LEED Silver certification at a minimum, though designers are encouraged to pursue a higher level of certification. Compliance with the ordinance is measured through required annual reports from each applicable government department. Additional information is available from the Atlanta city 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 Henry County, GA?
If you're planning to stay in your home past the period required to pay back your solar investment, installing solar panels is a good decision in Henry County. If you install a 5 kW solar system in Henry County, GA, you might save $26,078.6 over 20 years on average, with a break even point at around 6 years.
The cost of not having solar panels in Henry County, 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.
Yearly, customers in Henry County have encountered approximately 1.18 utility outages.Yearly, customers in Henry County have encountered approximately 1.18 utility outages. Usually, outages have an average duration of 111.99 minutes. However, during critical events like equipment failure, wildfires or vandalism, these times can extend dramatically.
View the graphic below to see the number of current electricity customers without power in Henry County.
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 Henry County.
What impacts the cost of solar panels in Henry County, 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 Henry County cities
Solar systems for selling electricity back to the grid.
Henry County, GA Solar Panel Cost FAQs
As of November, 2024, the average per-watt cost for solar panels in Henry County, GA is $3.29/W. After federal tax credits, the installation of a 5 kW solar panel system in Henry County, GA is estimated to cost $11,515.
In Georgia, you have access to 9 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, homeowners in Henry County, GA generally see a payback time of 6 years for 5 kW solar panel systems, with electricity savings averaging $26,078.6 over a 20-year period.