Georgia Solar Information

Pros and Cons of Buying Solar Panels in Georgia

Advantages:

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  Relatively short payback period

  The payback period is a calculation that shows how long it will take you to recover the initial cost of the solar power system through electricity savings. Solar panels are more efficient than ever before, which means they generate more power, thereby decreasing the solar payback period. Depending on where you live in Georgia, your payback period may range from 8 to 12 years.
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  After the payback period, solar power is nearly free

  You might be still paying a small interconnection fee to keep your solar power system plugged in after its capital cost is paid off. Besides that expense, all the electricity your solar power system generates will be free.
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  Great savings on a monthly electric bill

  Once you set up a solar power system on your property, you will start making your own electricity. It means relying less on your local utility company, no worrying about utility rate inflation, and saving money on your monthly electric bill. The average yearly savings from solar in Georgia is around $1,000.
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  Helping the environment since solar energy is clean, sustainable, and renewable

  Solar energy is plentiful, sustainable and renewable. Furthermore, generating solar power does not cause almost any pollution. When compared to some of the traditional fossil fuels, solar energy does not lead to the pollution of water and the atmosphere. On the contrary, it helps reduce the greenhouse effect and lowers our negative impact on the natural environment.
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  Support from the government and the state

  The price of solar power system installation is much lower than what it used to be a few years ago. In addition, Georgia residents can save even more on their solar panels thanks to the Federal Tax Credit and very strong state Net Metering program.
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  Very low maintenance

  Today, none of the solar panels on the markets have any moving parts and do not require any maintenance, besides occasional cleaning. Solar panels do not have wear and tear with usage, they are completely silent in operation, and should last for up to 30 years.
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  Excellent warranty protection

  Nowadays, each solar panel comes with two types of warranties: a product guarantee and the performance warranty. The majority of top solar manufacturers offer extended product guarantees that will take care of any breakage or faulty equipment for up to 25 years, and also ensure optimal electricity generation even after 25 years of usage.
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  Increase in the property value

  The most recent real estate studies reveal a national increase of at least 4.1% to the value of the home after solar power system installation. Moreover, according to recent studies by the Appraisal Institute, homes with installed PV systems sell both at higher prices and much faster compared to homes without solar power systems.

Disadvantages:

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  The possible high initial cost

  One of the biggest disadvantages of solar power, the initial cost can become quite high since it will include the price of solar panels, battery, inverter, all the necessary accessories, mounting equipment, and the installation itself. However, with solar prices being lower than ever before, and with the extended availability of Federal Income Tax Credit, switching to solar is a very smart investment.
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  Must have a large, open area for installation

  To operate efficiently, PV panels must be installed on open, clear surfaces. Solar panels depend on sunlight to generate solar energy, and the more energy you need, the bigger the solar energy system will be, which may require a larger open area on your roof. Thankfully, as long as solar panels still have access to sunlight, solar panels can be installed not only on the roofs but also on the ground.
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  Must be a property owner to install

  Today, the installation of solar power systems is mostly open to homeowners with excellent credit and good earnings. For renters, low-income individuals, or individuals without a job, solar advantages are not yet available.

Is It Worth Going Solar In Georgia?

Georgia sunny weather makes it a perfect place for switching to solar even though the state might not get some of the financial benefits from the local government as other states do. Nevertheless, Georgia has definitely taken action to become not only more solar-friendly but also a leader in the solar industry in the last few years. This fact, together with many other advantages of solar power makes it obvious that there is no better time than now to adopt solar in Georgia.