Solar Panels Cost 7.1k-16k in Lawrenceville, GA | October, 2024

Solar Panels Cost $7.1k-$16k in Lawrenceville, GA | October, 2024

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How much do solar panels cost in Lawrenceville, GA in 2024?

To go solar averages out to $3.41 per watt in October, 2024 in Lawrenceville, GA.

It will cost you $3,410, on average, per 1K (or 1000 watts) your solar system is able to generate. After receiving the 30% federal tax credit, you will pay around $11,935 for a 5 kW panel install in Lawrenceville. Please consider, a 5kW system might not be sufficient to adequately cover your energy consumption.

To your left, you have the option to select your county and view the typical roof size along with the average maximum capacity for solar panel installations on homes in your area. Below, you can see a summary of the price, 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.
Lawrenceville: $11,935US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Lawrenceville: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Lawrenceville: $9,681US Average: $15,784

Solar Potential in Lawrenceville

Estimated system size and solar electricity production per median viable roof in
Lawrenceville.

Roof size 679sq. ft.
Capacity 9.5kW DC
Electricity 12kkWh AC per yr.

Electricity Costs in Lawrenceville, GA & What that Means for Your Solar Panel Pricing

Energy consumers in Lawrenceville typically pay $111.38 per month for electricity, with a typical monthly usage of847 kWh. This number also reflects data from apartments and smaller homes with reduced energy needs.

Lawrenceville, GA's electricity rate is 13.16¢ per kWh in October 2024.

To meet their full power consumption needs of an average user in Lawrenceville, a solar power system of 7 kW or higher is a must. After incentives, a 7 kW setup costs around $16,709.

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Average solar panel costs by system size in Lawrenceville

On the left side, you'll see a detailed cost breakdown of the various sizes of solar panel systems implemented in Lawrenceville. Even though a more extensive solar installation carries a larger expense, it also provides higher electricity savings and higher income tax credits.

Check a cost benefit analysis in the solar panel cost calculator to the right and below, for an average electric bill of $111.38 in Lawrenceville. Adjust the $111.38 to your typical electricity bill payment for results that fit your situation.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $613 a year
Est. Price
$7,161
Savings from a 3kWthis system
  • Est. yearly production 4,716 kWh
  • Est. monthly savings $51
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.06 tons a year
  • Equivalent to planting 95 trees a year
  • Equivalent to driving 5,094 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $817 a year
Est. Price
$9,548
Savings from a 4kWthis system
  • Est. yearly production 6,287 kWh
  • Est. monthly savings $68
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 2.74 tons a year
  • Equivalent to planting 126 trees a year
  • Equivalent to driving 6,792 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,022 a year
Est. Price
$11,935
Savings from a 5kWthis system
  • Est. yearly production 7,859 kWh
  • Est. monthly savings $85
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 3.43 tons a year
  • Equivalent to planting 158 trees a year
  • Equivalent to driving 8,490 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,226 a year
Est. Price
$14,322
Savings from a 6kWthis system
  • Est. yearly production 9,431 kWh
  • Est. monthly savings $102
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 4.12 tons a year
  • Equivalent to planting 189 trees a year
  • Equivalent to driving 10,189 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,430 a year
Est. Price
$16,709
Savings from a 7kWthis system
  • Est. yearly production 11,003 kWh
  • Est. monthly savings $111
  • Full payback in 13 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

Lawrenceville Solar Panel Installation Incentives & Rebates | 2024

For rural small businesses and agricultural properties, the REAP Grant could provide funding that covers between 80% and 100% of the necessary expenses for installing renewable energy systems. If you think you might qualify, we suggest trying our REAP Grant eligibility tool to check.

For those looking into residential solar, the 30% federal income tax credit is available to most people, which makes solar a feasible option in many states. State and local governments have various programs to promote the switch to solar energy.

Georgia has 7 solar rebate and incentive initiatives offered by various 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 you're planning to live in your home past the solar system's payback period, solar panels are a wise decision in Lawrenceville. By installing a 5 kW solar system in Lawrenceville, GA, you can expect to save roughly $14,796.2 over 20 years, with the break even point usually being 9 years.

The cost of not having solar panels in Lawrenceville, GA

Failing to have solar panels or an alternative backup energy means missing the savings mentioned earlier and being entirely reliant on your electric utility for electricity. Recent media coverage has demonstrated that complete reliance on your utility is not always ideal.

There are about 1.09 outages per customer annually in Lawrenceville. Usually, outages have an average duration of 104.1 minutes. However, during critical events like wildlife damage, equipment failure or winter storms, these times can extend dramatically.

A solar energy system could help mitigate the effects of future outages, with or without a backup battery.

Power Outages

Currently, 0 customers are being tracked in Gwinnett County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Lawrenceville, GA?

Your Energy Needs - Larger solar panel systems have a higher upfront cost, but the cost per watt diminishes. Setting up a solar system that makes sufficient electricity to offset their electric bill is useful to most individuals, resulting in savings.

Make & Model - Solar panels and mounting equipment are offered in a variety of makes and models. Considering the brand preferences that your installer may have, it's crucial to choose a highly rated contractor. To ensure a more favorable long-term experience, buyers should consider higher quality materials.

Solar Panel Type - Monocrystalline panels have emerged as the standard in the industry, and it's not hard to see why. These panels have a higher cost but offer a higher energy efficiency. Many installers in the industry use panels constructed of this material.

Your Property - No two properties or homes are the same. Trees, sloped land, or additional considerations can make the installation process more challenging. These days, satellite images allow the majority of solar installers to assess your home and factor in these considerations into the preliminary cost estimate.

Labor Rates - The wages that companies pay their employees are different, and these costs are inevitably shown in consumer prices. Businesses paying more to their employees often get higher reviews for their work and customer service.

Permitting & Interconnection - Your installation cost will be influenced by area-specific permitting and utility interconnection fees. Quality 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 Lawrenceville?

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.

Lawrenceville, GA Solar Panel Cost FAQs

  • In October, 2024, the typical price per watt for solar panels in Lawrenceville, GA is $3.41/W. With the federal tax credit, the cost of a 5 kW solar panel system in Lawrenceville, GA drops to roughly $11,935.
  • If you live in Georgia, you can find 7 rebates and incentives through different utilities and government agencies. On top of that, nearly everyone can qualify for the 30% federal tax credit.
  • Even though paying cash yields the best savings, there are now numerous financing options for solar panels that are also advantageous. Financing options are frequently available through installers and will be included in your initial quotes.
  • Yes, on average, 5 kW solar panels in Lawrenceville, GA pay for themselves in 9 years, with homeowners saving approximately $14,796.2 on electricity over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01