Best 5 Solar Companies in Newnan, GA

How To Choose the Best Solar Company in Newnan

The cost and effectiveness of solar panels often depend on the provider that installed them. Make your choice based on the following crucial aspects.

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 licenses and business filings. You should also visit a company's website to learn about its private credentials. Two of the most recognized are the Solar Heating Installer and PV Installation Professional certificates, backed by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in Newnan

Your solar panels' type will impact how much energy you can generate. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.

If you need to charge an electric vehicle (EV) or use your solar power in inclement weather, you can pay extra for accessories. By selecting the right components, you can make your system more productive and convenient to use. Not all solar contractors include these add-ons, so look for a provider that sells them if it's essential for you.

If you're a resident of Newnan and are considering getting a five-kilowatt solar energy system, you could plan to spend about $18,700 for materials and labor. See more information on specific component and solar panel costs in the table.

Financing Solar Energy in Newnan

Solar providers offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are solar leases, cash payments, solar loans and power purchase agreements (PPAs). Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Like a car or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) allows you to pay a monthly rate determined by the energy you use, akin to an electric bill. We generally don’t recommend these two choices because you won't own the system and are disqualified from using solar incentives. Ask each company you're considering about the financing options it offers. A team member can help you determine the most suitable option for your budget.

The table below lists the average payback periods for different capacities of solar systems in Newnan.

A 26% federal solar tax credit applies to new residential solar equipment purchased through 2032. Additional incentives may be available through local governments, usually in the form of rebates and special financing programs.