Georgia Solar Panel Savings Calculator
Calculate how much you can save with solar panels in Georgia. Based on 5 peak sun hours/day and 13.7¢/kWh average electricity rate.
5
Peak Sun Hours/Day
13.7¢
Avg Rate (¢/kWh)
12 yr
Avg Payback Period
2.5%
Solar Penetration
Calculate Your Georgia Solar Savings
Average home: 6-10 kW
Your average monthly bill
South-facing is optimal
Annual Production
kWh/year
Annual Savings
per year
25-Year Savings
total estimated
Payback Period
break-even time
Monthly Savings
$75
System Cost (after ITC)
$14,700
CO2 Offset
3.7 tons/yr
Cumulative Savings vs System Cost
Georgia Solar Panel Savings Overview
Georgia receives an average of 5 peak sun hours per day, making it an excellent state for solar energy production. With electricity rates averaging 13.7¢ per kWh — below the national average — longer payback periods are typical but savings still add up over time. The typical Georgia homeowner with a 6kW system can expect to save approximately $1,260 per year.
Solar Energy Production in Georgia
A standard 6kW residential solar panel system in Georgia produces approximately 8,760 kWh per year. This accounts for a system efficiency factor of 80%, which includes panel degradation, inverter losses, and temperature effects. At 5 peak sun hours per day, Georgia offers good solar production — enough to offset a significant portion of typical household electricity consumption.
Georgia Electricity Rates and Solar Context
The average residential electricity rate in Georgia is 13.7¢ per kWh according to EIA data. While this rate is below the national average, electricity costs are rising approximately 2-3% per year. Over a 25-year system lifetime, your cumulative savings will still be substantial. With utility rates increasing annually, your solar savings grow each year.
Georgia Solar Incentive Programs
No state tax credit. Georgia Power solar buyback program. Federal 30% ITC. All Georgia residents are eligible for the federal 30% Investment Tax Credit (ITC), which reduces the cost of a solar system by 30% of the total installed price. Georgia does not currently have a statewide net metering mandate, which can affect the financial returns of solar installations. Some utilities offer voluntary solar buyback programs.
Net Metering in Georgia
Georgia currently lacks a comprehensive net metering policy. This means that excess solar energy exported to the grid may not be compensated at the full retail rate. However, many Georgia homeowners still find solar financially attractive by sizing their systems to match their consumption patterns.
Best Cities for Solar in Georgia
The best cities for solar panels in Georgia include Atlanta, Augusta, Columbus, Savannah, Athens. Solar production can vary by location within the state due to differences in cloud cover, local shading, and microclimates. Southern-facing roofs with minimal shading produce the most energy. Homeowners in Atlanta and Augusta can typically expect production close to the state average of 5 peak sun hours per day.
How Georgia Compares to Neighboring States
Compared to neighboring states, Georgia (13.7¢/kWh, 5 sun hours) has comparable sun exposure and has similar electricity rates. See how solar savings compare in Florida, Alabama, and Tennessee.
Frequently Asked Questions
How much do solar panels cost in Georgia?
The average cost of a 6kW solar panel system in Georgia is approximately $21,000 before incentives. After the 30% federal Investment Tax Credit (ITC), the net cost drops to about $14,700. No state tax credit. Georgia Power solar buyback program. Federal 30% ITC.
How much can I save with solar panels in Georgia?
The average Georgia homeowner saves approximately $1,260 per year with a 6kW solar system. Over 25 years, total savings can exceed $30,633, factoring in a 2.5% annual increase in electricity rates.
Does Georgia have net metering?
Georgia does not currently offer standard net metering. However, some utilities may offer alternative programs. Check with your local utility for current solar buyback options.
What is the solar payback period in Georgia?
The average payback period for solar panels in Georgia is approximately 12 years. After that, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty life.