Solar Panels Cost $14k-$23k in Troup County, GA | November, 2024
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How much do solar panels cost in Troup County, GA in 2024?
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To go solar costs $3.41/W in Troup County, GA in November, 2024.
It will cost you $3,410, on average, for every 1000 watts (1 kW) your solar system is able to generate. In Troup County, you can expect to spend about $11,935 for a 5 kW solar installation after subtracting the 30% federal income tax credit. In accordance with your electricity usage, you could require a bigger system.
To the left, you can choose your county to see the typical roof size and the average maximum generation capacity for solar panel systems on homes in your area. You can review the costs, payback period, and 20-year average savings for a 5 kW system installed in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Troup County: $11,935US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Troup County: 5 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Troup County: $32,203US Average: $16,169
Solar Potential in Troup County
Estimated system size and solar electricity production per median viable roof in Troup County.
Roof size 778sq. ft.
Capacity 10.88kW DC
Electricity 13.4kkWh AC per yr.
Electricity Costs in Troup County, GA & What that Means for Your Solar Panel Pricing
On average, Troup County residents use 1,210 kWh each month, and the electric bill is 205.22. This data also include apartments and other smaller homes, which generally have lower energy demand.
The average electricity rate in Troup County, GA in November 2024 is 16.97¢ per kWh.
You'll spend $23,870 on a 10 kW setup after taking the 30% federal income tax credit into consideration.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Troup County
Displayed on the left, you will find a cost summary for multiple solar panel system sizes set up in Troup County. Larger solar installations come with a higher price, yet they also offer higher electricity savings and larger income tax credits.
The solar panel cost and benefit breakdown, shown in the calculator to the right and below, is based on an average electric bill of $205.22 in Troup County. Modify the $205.22 to your average bill payment for more accurate results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,603 a year
Est. Price
$14,322
Savings from a 6kWthis system
Est. yearly production 9,431 kWh
Est. monthly savings $134
Full payback in 6 years
Environmental Impacts
Reduces CO2 emissions by 2.22 tons a year
Equivalent to planting 102 trees a year
Equivalent to driving 5,490 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,871 a year
Est. Price
$16,709
Savings from a 7kWthis system
Est. yearly production 11,003 kWh
Est. monthly savings $156
Full payback in 7 years
Environmental Impacts
Reduces CO2 emissions by 2.59 tons a year
Equivalent to planting 119 trees a year
Equivalent to driving 6,406 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $2,138 a year
Est. Price
$19,096
Savings from a 8kWthis system
Est. yearly production 12,575 kWh
Est. monthly savings $178
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 2.96 tons a year
Equivalent to planting 136 trees a year
Equivalent to driving 7,321 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $2,405 a year
Est. Price
$21,483
Savings from a 9kWthis system
Est. yearly production 14,147 kWh
Est. monthly savings $200
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 3.33 tons a year
Equivalent to planting 153 trees a year
Equivalent to driving 8,236 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $2,672 a year
Est. Price
$23,870
Savings from a 10kWthis system
Est. yearly production 15,719 kWh
Est. monthly savings $205
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 3.4 tons a year
Equivalent to planting 156 trees a year
Equivalent to driving 8,424 mi less a year
Troup County Solar Panel Installation Incentives & Rebates | 2024
The REAP Grant is designed to assist rural agricultural enterprises and small businesses by covering 80% to 100% of the costs associated with photovoltaic or wind turbine installations. Not sure if you are eligible? Use our REAP Grant eligibility tool to check.
A 30% federal tax credit is available to most homeowners for residential solar installations, which helps make solar energy a practical choice in various regions in the United States. State and local efforts are also in place to further drive the growth of solar energy use.
In Georgia, 9 solar rebates and incentives are currently available from various utilities and government bodies.
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 Troup County, GA?
If you intend to own your residence longer than the solar system's payback period, solar panels are a good investment in Troup County. Having a 5 kW solar system in Troup County, GA can potentially save you around $37,317.8 over a span of 20 years, with an average break even point of 5 years.
The cost of not having solar panels in Troup County, GA
The absence of solar panels or another backup power source means missing out on the previously highlighted savings and full dependence on your electric utility for power. Recent news examples have shown that full reliance on your utility provider is not always ideal.
In recent years, customers in Troup County have faced an average of 1.56 utility outages each year. Outages typically last for an average of 146.03 minutes. Major occurrences like grid management errors, heavy rain and flooding or vandalism can lead to a significant rise in these time frames.
View the graphic below to see the number of current electricity customers without power in Troup County.
Whether it includes a backup battery or not, a solar panel system could ease the inconvenience of any future power interruptions you may encounter.
Power Outages
Currently, 0 customers are being tracked in Troup County.
What impacts the cost of solar panels in Troup County, GA?
Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size increases. It is often useful for homeowners to set up a solar system that can make enough electricity to completely replace their electric bill, which results in substantial savings.
Make & Model - Solar panels and mounting equipment, similar to many other products, are available in a variety of makes and models. Your installer’s potential brand preferences make it more important to pick a highly rated contractor. Consumers who choose superior makes and models generally enjoy a superior long-term experience.
Solar Panel Type - It's understandable that monocrystalline panels are now the standard in the industry. These panels are more expensive but produce more energy. The majority of installers in the industry use panels crafted from this material.
Your Property - No two homes or properties are the same. Elements such as trees, sloping terrain, or additional challenges might complicate the installation process. These days, solar installers typically leverage satellite images to evaluate your home and factor in these considerations into the preliminary cost estimate.
Labor Rates - Different companies have varied pay scales for their employees, and these costs are eventually passed on to consumers. Higher wages typically lead to businesses getting better reviews for their work and customer service.
Permitting & Interconnection - Your final installation cost will be impacted by local permitting and utility interconnection fees, which vary by area. Reliable installers will factor these costs into your initial quotes to prevent unexpected expenses.
See what solar panels cost in other Troup County cities
Solar systems for selling electricity back to the grid.
Troup County, GA Solar Panel Cost FAQs
In Troup County, GA, the mean cost per watt for solar panels as recorded in November, 2024 is $3.41/W. A 5 kW solar panel system will cost you around $11,935 in Troup County, GA after the federal tax credit is applied.
Various utility providers and government organizations in Georgia are offering 9 rebates and incentives at this time. Additionally, the vast majority qualify for the 30% federal tax credit.
Paying in cash provides the highest savings, but there are several financing options available today for solar panels that are also cost-effective. Financing options are frequently available through installers and will be detailed in your initial quotes.
Yes, the average time to recoup the cost of 5 kW solar panels in Troup County, GA is 5 years, with homeowners saving an average of $37,317.8 on electricity over 20 years.
Savings from 
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