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#28 Solar ROI State

Solar Panel ROI in Georgia (GA)

Georgia averages 1,400 kWh per installed kW per year. At $13.2¢/kWh average utility rates, a 7 kW system produces a 25-year NPV of $7,487.

$13,132
System Cost (After Credits)
$7,487
25-Year NPV
10 years
Payback Period
$0.139/kWh
Solar LCOE

Solar Cost Breakdown in Georgia

7 kW system (2.68/W)$18,760
Federal ITC (30%)-$5,628
Net Cost$13,132

Solar Production in Georgia

Georgia receives an average of 1,400 kWh of solar energy per installed kW per year, based on NREL PVWatts data for a south-facing system at 20° tilt. A 7 kW system produces approximately 9,800 kWh in year one, declining by 0.5% annually due to panel degradation.

At Georgia's average residential rate of $13.2¢/kWh with 4% annual escalation, first-year savings are $1,294. The solar LCOE of $0.139/kWh is -5% below the current utility rate and stays fixed while utility rates continue to climb.

Net Metering in Georgia

No statewide mandate — Georgia Power offers limited solar buyback

Solar by Utility in Georgia

Solar FAQ for Georgia

How much does solar cost in Georgia?
A typical 7 kW residential solar system in Georgia costs $18,760 before incentives. After the 30% federal ITC, the net cost drops to $13,132.
What is the solar payback period in Georgia?
Based on the average GA utility rate of $13.2¢/kWh and local solar irradiance of 1,400 kWh/kW/year, a 7 kW system typically pays for itself in 10 years. The 25-year NPV is $7,487.
Does Georgia have net metering?
No statewide mandate — Georgia Power offers limited solar buyback
What is the LCOE of solar in Georgia?
The levelized cost of solar energy in Georgia is approximately $0.139/kWh, compared to the current average utility rate of $13.2¢/kWh. Solar electricity costs -5% less than grid electricity at today's rates, and the gap widens as utility rates rise.
How much electricity does a solar panel produce in Georgia?
Georgia receives approximately 1,400 kWh of solar energy per installed kW per year. A 7 kW system produces about 9,800 kWh in its first year, enough to offset 93% of the average U.S. household's electricity consumption.

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Solar ROI in Similar States

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