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 do solar panels cost in Georgia?
Solar panels will save you a lot of money over time, but the upfront costs aren't cheap. The average Georgia homeowner needs a 12.35 kW solar panel system to cover their electricity needs, which comes out to $31,703 before incentives. Prices range from $26,948 to $36,458, but after the federal tax credit, that drops by 30%.
Does Georgia offer net metering?
Georgia doesn't offer net metering, but some utility companies (including Georgia Power) offer a solar buyback program known as net billing. Under net billing, you’ll earn some cash credit toward your energy bill when you send excess electricity from your solar panels to the grid––but it's a lot less than what you actually pay for electricity.
Does Georgia have a solar market?
National Solar Capacity Ranking: 7th Data Current Through: Q1 Georgia’s solar and storage market has taken off in recent years, landing it a top spot in SEIA’s national solar rankings. During the session, an industry-supported decommissioning bill was passed after much collaboration and effort.
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