Solar Panels Cost $9.6k-$19k in Lithonia, GA | October, 2024

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

For Lithonia energy consumers, the average electric bill is $151.60 per month, with a usage of 1,009 kWh. These figures also encompass apartments and other smaller residences with lower energy demand.

In October 2024, the mean electricity rate in Lithonia, GA is 15.02¢ per kWh.

The typical energy user in Lithonia requires an 8 kW or higher solar setup to meet their entire power demands. The cost for aan 8 kW solar setup is approximately $27,440 initially, but with the 30% federal tax credit, the final price is reduced to $19,208.

Are solar panels worth it in Georgia?

For homeowners in Lithonia intending to stay beyond the payback period of their solar system, solar panels are the best choice. Installing a 5 kW solar system in Lithonia, GA will, on average, save you $24,379 over 20 years, and you can expect to break even in about 7 years.

The cost of not having solar panels in Lithonia, GA

If you don't have solar panels or an alternate backup power source, you forgo the previously mentioned savings and your household is completely dependent on your electric utility for electricity. As shown by numerous recent news reports, total reliance on your utility isn't always the best situation.

Residents in Lithonia have seen an average of 1.19 utility outages per year lately. Outages generally last for an average of 126.36 minutes. During major occurrences like grid management errors, tornadoes or wildlife damage, these times can extend significantly.

A solar energy system, with or without a backup battery or not, can relieve the pressure of future power outages you may face.

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

Your Energy Needs - When opting for larger solar panel systems, the overall expense is greater; however, the cost per watt decreases with an increase in system size. Homeowners often find that setting up a solar system to replace their electric bill is a good move, resulting in the most savings.

Make & Model - Solar panels and mounting equipment are offered in a wide variety of makes and models. Because the installer you choose might have particular brand preferences, selecting a recommended contractor is especially important. Opting for higher quality equipment generally ensures a more favorable long-term experience for the buyer.

Solar Panel Type - For valid reasons, monocrystalline panels have emerged as the standard in the industry. They have a higher price, but they produce more energy. Many solar panel installers choose this type of material.

Your Property - Every home and property differs in its own way. Challenges like uneven land, trees, or other challenges can increase the difficulty of installing solar panels. These days, solar installers commonly utilize satellite images to assess your home and factor in these considerations into the first cost estimate.

Labor Rates - The varied employee wages paid by companies lead to costs that consumers ultimately paying . Higher wages generally correlate with better reviews for businesses' services and customer service.

Permitting & Interconnection - Installation costs will be influenced by varying local permitting and utility interconnection fees, depending on the region. That said, experienced local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.