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

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

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

You'll spend around $3.43/W to go solar in October, 2024 in Riverdale, GA.

For every 1000 watts (1 kW) your solar system can generate, you will need to invest, on average, $3,430 to have it installed. In Riverdale, a 5 kW solar installation will cost you, on average, $12,005 after the 30% federal income tax credit. To meet your energy needs, you may require more than a 5kW system.

On the left, you can select your county to find out the average roof size and the maximum capacity for residential solar on houses in your area. Outlined below are the price, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Riverdale: $12,005US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Riverdale: 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.
Riverdale: $19,234US Average: $15,784

Solar Potential in Riverdale

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

Roof size 644sq. ft.
Capacity 9kW DC
Electricity 11.5kkWh AC per yr.

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

Riverdale energy consumers generally use 1,009 kWh monthly, with an average monthly bill of $151.60. Keep in mind that this figure covers both apartments and smaller homes, which typically require reduced energy.

The mean rate for electricity in Riverdale, GA during October, 2024 is 15.02¢ per kWh.

Typical electricity users in Riverdale will need a solar system of 8 kW or higher to cover their entire electricity usage requirements. The expected cost is around $27,440for an 8 kW setup before incentives, but the federal tax credit gives you 30% back, lowering the cost to $19,208.

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Average solar panel costs by system size in Riverdale

On your left, we have displayed a thorough pricing details for various solar panel system sizes set up in Riverdale. More extensive solar installations come with a larger expense, yet they also offer higher electricity savings and higher income tax credits.

Refer to the solar panel cost calculator down and to the right to see the cost and benefit details derived from an average $151.60 electric bill in Riverdale. To get more personalized results, just adjust the $151.60to match your average electricity bill amount.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $943 a year
Est. Price
$9,604
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
$12,005
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
$14,406
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
$16,807
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
$19,208
Savings from a 8kWthis system
  • Est. yearly production 12,575 kWh
  • Est. monthly savings $152
  • Full payback in 11 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

Riverdale Solar Panel Installation Incentives & Rebates | 2024

Between 80% and 100% of your solar energy or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. Confirm if you are eligible by utilizing our REAP Grant eligibility tool.

Almost all homeowners can take advantage of the 30% federal income tax credit for residential solar, making solar energy a sensible option throughout most parts of the country. Several state and local efforts are designed to boost the adoption of solar energy.

Various utilities and government agencies in Georgia have 7 solar rebate and incentive initiatives.

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 expect to live in your home beyond the payback period of your solar system, solar panels are an excellent choice in Riverdale. If you install a 5 kW solar system in Riverdale, GA, you might save $24,379 over 20 years on average, with a break even point at roughly 7 years.

The cost of not having solar panels in Riverdale, GA

The absence of solar panels or an alternative energy backup means that you forgo the savings noted earlier and depend on your electric utility for electricity. Recent news has proven that total reliance on your utility company is not always ideal.

In recent times, the average number of utility outages per customer annually in Riverdale has been about 1.19. On average, the length of an outage is 126.36 minutes. Major events like overloaded power grids, wildfires or construction accidents can cause these durations to rise considerably.

With or without a backup battery, a solar panel system could help to mitigate the effects of future power interruptions you might face.

Power Outages

Currently, 0 customers are being tracked in Clayton County.

Learn more

Customers Out:

0

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

Your Energy Needs - Despite the larger initial expense, the cost per watt drops when using larger solar panel systems. Many individuals find it advantageous to set up a system that can generate enough electricity to replace the entirety of their electric bill. This math makes the most sense for optimal savings.

Make & Model - Similar to other industries, the solar energy sector features a wide range of solar panel brands and designs. Because the installer might have certain system preferences, it's important to select a reputable installer. The utilization of better equipment is probably will provide a more positive long-term experience for buyers.

Solar Panel Type - The standard in the industry is now monocrystalline panels, and for good reason. They have a higher price, but they produce more energy. Many solar panel installers opt for this kind of material.

Your Property - Each property and home has its own unique features. Sloped land, trees, or other barriers may add to the difficulty of the installation. Most solar installers today are able to leverage satellite imagery to assess your home and include these elements in the preliminary cost estimate.

Labor Rates - Companies offer different pay rates to their employees, which are then shown in the prices consumers pay. Higher wages frequently lead to companies getting better reviews for their work and customer service.

Permitting & Interconnection - The final price of your installation will be affected by local permitting and utility interconnection fees, which vary by location. Reliable local installers will incorporate these figures into your initial estimates to prevent any surprises.

See what solar panels cost in other GA cities

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Who are the best solar installers in Riverdale?

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.

Riverdale, GA Solar Panel Cost FAQs

  • The cost per watt for solar panels in Riverdale, GA during October of 2024 averages $3.43/W. Post federal tax credit, a 5 kW solar panel system installation in Riverdale, GA will roughly cost $12,005.

  • In Georgia, you have access to 7 rebates and incentives provided by numerous utilities and government organizations. In addition, the 30% federal income tax credit is available to almost everyone.

  • While paying cash ensures the greatest savings, there are now various financing options for solar panels that are also beneficial. Installers will often provide details on financing partners in the quotes they provide initially.

  • Yes, the average 5 kW solar panel payback period in Riverdale, GA stands at 7 years, yielding average electricity savings of $24,379 over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01