Benefits of Solar Energy
Solar energy provides numerous advantages that will enhance your home for years to come.
- Better energy independence: Adding a solar battery storage system lets you have trustworthy energy during storms and grid outages.
- Reduced carbon footprint: Solar is the universe's most abundant clean energy source, meaning you can reduce or eliminate your home's dependence on fossil fuels.
- Lowered energy bills: You can dodge the added cost of grid-tied power by creating some electricity right where you use it. Plus, many states provide net metering which can allow you to sell your unused energy back to credit part of your bill.
What Solar Incentives Are Available to Douglasville Homeowners?
Governments and power companies often reward homeowners for adopting solar. Here are some of the rebates, tax credits or other programs you could qualify for.
Incentive Type: Sales Tax Incentive
Incentive Amount:
100% exemption
Incentive Type: Rebate Program
Website: georgiapower.comIncentive Amount:
Single Family
Central AC Replacement: $50
Air/Duct Sealing: $300
Attic Insulation: $250
Heat Recovery Water Heater with Heat Pump: $250
Heat Pump Water Heater: $250
Solar Water Heater: $250
Home Energy Assessment: $150
Smart Thermostat: $75
Heat Pump conversion: $250
Multifamily
Central AC Replacement: $25
Air/Duct Sealing: $150
Attic Insulation: $125
Heat Recovery Water Heater with Heat Pump: $250
Heat Pump Water Heater: $250
Solar Water Heater: $250
Home Energy Assessment: $75
Smart Thermostat: $38
Heat Pump conversion: $125
Incentive Type: Loan Program
Website: cgemc.comIncentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Douglasville
The more comprehensive your company investigation is, the better your solar panels will ultimately perform. Consider each of these factors in your service provider search.
Licensing and Training
Georgia doesn't have contractors' licenses specific to solar energy, but the law does require solar installers to be licensed electrical contractors. The Georgia Secretary of State manages business filings and licenses. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Cost of Solar Panels in Douglasville
Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
Additional components, such as electric vehicle (EV) chargers and battery storage, will add to your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar providers offer these optional components, so look for a company that sells them if it's important for you.
If you're a resident of Douglasville and are considering getting a five-kilowatt solar energy system, you could expect to pay about $18,700 for parts and installation. See more information on specific component and solar panel costs in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,091 |
Solar Polycrystalline | $851 |
Thin-Film | $497 |
Solar Battery | $698 |
Solar Home EV Charger | $2,618 |
Financing Solar Energy in Douglasville
There are a plethora of ways to pay for a solar energy system, and the right one will lower your costs. A few of the most common options include leases, power purchase agreements (PPAs), loans, and cash payments. We recommend making a cash payment or using a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar panel incentives to reduce your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in monthly installments while still enjoying energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases allow you to pay a monthly fee to rent your panels, while a PPA lets you pay a variable rate based on only the energy you use. We generally don't recommend these options since you won't own your system and are disqualified from solar incentives, but they might be appropriate in certain circumstances. Look for companies that offer multiple payment plans to find the right fit for your budget.
The table below lists the average payback periods for different capacities of solar systems in Douglasville.
The IRS allows you to claim a 26% federal tax credit for solar panels on the full cost of the solar system, so long as you purchase it before 2032. Local governments and utilities might also offer their own incentives, financing programs, and rebates that could save you more money.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 1.8 years |
2 kW | 3.5 years |
5 kW | 8.8 years |
10 kW | 17.7 years |
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Frequently Asked Questions About Solar in Douglasville
How much money could I save by going solar in Douglasville?
How widespread is solar energy in Douglasville?
Should I anticipate a boost in my property value after going solar?
What if I live in a dark or rainy
How do I care for my new solar system?
How long does it take to pay back a solar loan in Douglasville?
How can I maximize my solar array's performance?
- optimize the panels' position with your solar installer
- regularly clean your solar panels
- upgrade to a more efficient inverter trim or cut down trees in the way of your panels
- use energy-efficient appliances
How does "net metering" work, and do I need to participate?
Some states or utilities oblige you to join net metering when installing your solar system, while others give you a choice. Either way, once you participate, you'll get a check or bill credit for your excess generation at a wholesale or retail rate.
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