The cost of solar panels in Gray, GA (2024)

Updated Oct 1, 2024

  • You'll pay an average of $13,250 to install a 5 kilowatt solar panel system in Gray, GA, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

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Written by: Emily Walker

As of October 2024, the average solar panel system costs $2.65/W including installation in Gray, GA. For a 5 kW installation, this comes out to about $13,250 before incentives, though prices range from $11,262 to $15,238. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Gray, GA

Good Price
$11,262 or less
Market Average
$13,250
High Price
$15,238 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Gray, GA state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $13,250 in Gray, GA, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Gray, GA

System Size
System Cost
System Cost (after ITC)
3 kW$7,950$5,565
4 kW$10,600$7,420
5 kW$13,250$9,275
6 kW$15,900$11,130
7 kW$18,550$12,985
8 kW$21,200$14,840
9 kW$23,850$16,695
10 kW$26,500$18,550

Are solar panels worth it in Gray, GA?

Solar panels are worth it in most areas, including Gray, GA. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $30,171 over 25 years (the warranty term of most solar panels) on electricity costs with a 5 kW system in Gray, GA. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

If you don't have access to net metering, these estimates don't account for utility net billing rates.

Payback Period
11.66 Years
25-Year Savings
$30,171
Cost-per-Watt
$2.65

If you can't shell out $13,250 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in GA, here are some popular suggestions:

  • IntegrateSun, LLC
    Dublin, GA
    Established 2010
    Elite+ Installer
    IntegrateSun is an Earth based company that is successfully navigating oily waters. We chose to be in the busines...
    Elite+ Installer
    Screened & Verified

    IntegrateSun is an Earth based company that is successfully navigating oily waters. We chose to be in the busines...
  • NuWatt Energy
    Multi-state
    Established 2010
    Elite+ Installer
    At NuWatt Energy, we strive to empower our clients by offering genuine energy independence and enhanced efficienc...
    Elite+ Installer
    Screened & Verified

    At NuWatt Energy, we strive to empower our clients by offering genuine energy independence and enhanced efficienc...
  • Custom Solar Solutions
    Sandy Springs, GA
    Established 2022
    Elite Installer
    We understand that every customer is unique, and we take pride in offering customized solar solutions that meet y...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    33 Reviews

    We understand that every customer is unique, and we take pride in offering customized solar solutions that meet y...
  • Astrawatt Solar Atlanta
    Atlanta, GA
    Established 2012
    Elite Installer
    We make it easy for you to go solar! Our consultative approach is free of high-pressure sales tactics and our in-...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    5 Reviews

    We make it easy for you to go solar! Our consultative approach is free of high-pressure sales tactics and our in-...
  • Solar Energy Partners
    Smyrna, GA
    Established 2016
    Elite Installer
    Welcome to Solar Energy Partners, where we understand that one size does not fit all when it comes to solar syste...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    8 Reviews

    Welcome to Solar Energy Partners, where we understand that one size does not fit all when it comes to solar syste...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Gray, GA.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Gray, GA. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

We pre-screen and monitor all of our partners

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