Are Georgia s solar photovoltaic panels reliable

Are solar panels a good investment in Georgia?

The main drawback is the high upfront cost of purchasing and installing the equipment. On the bright side, once that’s paid for, solar panels can significantly reduce or even eliminate your electricity bills. For many Georgians, the long-term savings outweigh the upfront costs over time.

Is Georgia a good state to install solar panels?

With higher than average electricity prices and abundant sunshine, Georgia's a pretty great state for solar energy. It may not have the best local solar incentives, but as a Georgian, you can still take advantage of solar's most valuable incentive, the Federal Tax Credit. Here's what you should know about installing solar panels in the Peach State.

How much does a solar panel cost in Georgia?

Solar panel installation costs: $10,000 to $30,000 Average solar panel costs in Georgia are comparable to the national average. Before the federal solar investment tax credit (ITC), a typical residential system ranges from $13,650 to $27,300. That price drops to $9,555 to $19,110 after considering the full 30% tax credit.

How long do solar panels last in Georgia?

It takes years for electric bill savings to make up for the initial cost — about 10 years on average in Georgia. If you sell your house and move before then, you might not fully realize the financial benefits of your solar investment. Solar panels last 25 to 30 years.

Do solar panels increase home value in Georgia?

The Peach State gets enough sunshine that adding a residential solar panel system can greatly increase your home value by roughly a 3.5% premium, according to the National Bureau of Economic Research. There are several NABCEP-accredited solar providers available to Georgia residents, such as Solar USA and Better Tomorrow Solar.

Who are the best solar companies in Georgia?

However, we recommend SunPower and Blue Raven Solar as our top 2 solar companies that provide service to homeowners in Georgia. It’s a good idea to receive estimates for design and installation from at least three providers before making your choice. Pay attention not only to price but to your options for monitoring and maintenance.