Georgia Solar Incentives & Rebates – Forbes Home
Learn about Georgia solar incentives, solar panel pricing, tax credits and local rebates in our solar panels for Georgia guide.
Of course, in Georgia, much of the renewable energy used is solar, generated at solar farms. But, you can disconnect from the grid using Georgia solar incentives and lower the cost of solar panels in Georgia for your home. This guide outlines all the options available.
The Residential Clean Energy Credit, formerly known as the federal investment tax credit (ITC), can reduce your solar panel system's cost by 30%. Your entire system, including all the equipment, labor, permitting, and sales tax, qualifies for the ITC. In Georgia, the average cost for a 5 kW solar panel system is around $13,160.
A complete solar installation includes panels, inverters, racking, and professional labor, all of which factor into the final price that is eligible for the 30% federal tax credit. For a detailed breakdown of what goes into the price of a system, see our complete guide on The Cost of Solar Panels in Georgia. Are Solar Panels Worth It in Georgia?
Currently, the average price of 5-kilowatt solar installation in Georgia is between $13,500 and $12,733. That is the price before you claim the 30% federal tax credit. After the tax credit, the price comes down to about $9,423, which equals approximately $2.55 per watt.
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