Cost & Savings Breakdown
Based on $150/month electric bill in Albany
System Size
7.3 kW
Annual Production
11,318 kWh
Gross System Cost
$21,208
Federal Tax Credit (30%)
-$6,362
State Incentive
-$500
Net Cost
$14,346
Monthly Savings
$122
CO₂ Offset/yr
10,412 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityGeorgia Power
Net Metering PolicyAvoided Cost
Compensation RateAvoided cost rate
Capacity Limit10 kW residential limit
Electricity Rate$0.129/kWh
Peak Sun Hours5.3 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Georgia State Incentive — Georgia has no statewide solar tax credit but offers property tax exemption.
Common Questions
How much does solar cost in Albany?
Solar in Albany, Georgia costs approximately $21,208 for a 7.3 kW system. After the 30% federal tax credit, your net cost is about $14,346.
What is the solar payback period in Albany?
The estimated payback period for solar in Albany is 9.8 years, based on a $150/month electric bill and local sun hours of 5.3 hrs/day.
Does Georgia Power offer net metering?
Georgia Power offers Avoided Cost net metering. Avoided cost rate.