Who are the best solar companies in Georgia?

The MarketWatch Guides team ranked the best solar companies in Georgia based on several factors, such as equipment quality, service offerings and warranty terms. Our list includes industry leaders such as Sunpower, Palmetto Solar and Blue Raven Solar and local installers like Alternative Energy Southeast, Inc. Alternative Energy Southeast, Inc.:

Are solar panels a good investment in Georgia?

With solar panels, you reduce your consumption of fossil fuel electricity. Long payback period: Because Georgia has below-average electric tariffs, the savings per kilowatt-hour of solar electricity are also lower. As a result, your solar payback period can extend to more than 10 years.

How much solar power does Georgia have?

Georgia has the seventh-highest solar capacity among all states at 5,485 MW as of Oct. 2023. According to the SEIA, Georgia could add 3,485 MW of solar power between 2024 and 2028. This forecast represents a growth rate of more than 63% within five years. Georgia’s solar industry has received over $6.1 billion in cumulative investment.

How can I save money on solar panels in Georgia?

Take advantage of low-interest solar loans: Georgia has a state net billing policy but no financial incentives to reduce the cost of solar panels. After claiming the 30% federal tax credit, solar customers do not have access to additional rebates or state tax credits to cover the remaining 70% of project costs.

How many solar panels does Peach State have?

The Peach State has installed 5,485 megawatts of solar capacity, enough to provide electricity for over 656,000 homes. The MarketWatch Guides team ranked the best solar companies in Georgia based on several factors, such as equipment quality, service offerings and warranty terms.

Does Georgia have solar incentives?

Lack of state solar incentives: Georgia does not have any local tax credits, tax exemptions or solar rebate programs. Homeowners who go solar have access only to the Investment Tax Credit (ITC), a nationwide incentive that allows you to claim 30% of your system cost as a federal tax credit.