Is $43,000 to install a solar panel system a fair price?
Project Details
I have an existing Vivint home system. I was quoted $43,000 for a 25-year loan, which works out to roughly $250 per month. I feel the cost is too high compared to what my friends paid a year ago, even accounting for price increases. My average monthly electricity usage is 1000 KwH, or about 12,000 KwH annually. I've also provided an image of my house, which doesn't seem to have any unusual features.
Quote Details
This quote is for a grid-tied solar panel system designed to generate power for credits, targeting 102% of current usage. - Number of Panels: 19 - Panel Type: JA Solar JAM54S-31-LR 440 - Inverters: Inverter on each panel - System Size: 8.36 kW - Battery Storage: Not included - Estimated Annual Generation: 12291 KwH (targeting 12000 KwH annual usage)
You say...
Vote Distribution
These ratings are not endorsed by Quote Critic. They are submitted by other Quote Critic users like you.
More Details
Category
Solar
Price
$43,000
Quote Date
February 22, 2026
Location
Georgia
Battery Storage?
No
System Size (kW)
8.36kW
Comments
No comments yet
Sign in to share your thoughts and ask questions.
Similar Quotes
Install a solar panel system
This quote is for the installation of a solar panel system with a gross project value of $32,663.68, reduced to $21,864.58 after federal and state tax credits. The system is designed to cover 149% of annual utility usage (though the homeowner notes this is closer to 120% of actual usage). - Solar Panels: 21 REC460AA panels - Inverters: Enphase IQ8X - System Size (DC): 9.66 kW - System Size (AC): 8.064 kW - Year 1 Production: 10,136 kWh - Annual Usage: 6,809 kWh - Array 1: 10 panels, 4,600 W, 5,113 kWh production - Array 2: 11 panels, 5,060 W, 5,023 kWh production - Included: Critter Guard - Warranty: Solar Insure 30-year warranty - Federal Tax Credit: -$9,799.10 - State Tax Credit: -$1,000.00
Install a solar panel system
Installation of a solar panel system with the following specifications: - System Size: 7.6 kW - Number of Panels: 19 - Panel Make/Model: Tier 1 Solar Panel 400 Watt Blade - Inverters: Enphase IQ8+ micro inverters (one per panel) - Estimated First-Year Energy Production: 10,839 kWh - Estimated Annual Energy Production Degradation: 0.05% - Panel Positioning: Back of home, South & East facing - System Offset: Designed to cover 115% of current energy use - Cost per Watt: $2.90/watt
Install a solar panel system
This quote is for a solar panel system installation with a 11.455 kW capacity. The system includes 29 REC395AA PURE BLACK panels and 29 IQ8PLUS-72-2-US [240V] inverters. It is estimated to produce 17,407 kWh in the first year, offsetting 118% of consumption. The quote also includes comprehensive warranties and system monitoring. A loan option is available for the gross cost. - System Size: 11.455 kW - Panels: 29x REC395AA PURE BLACK - Inverters: 29x IQ8PLUS-72-2-US [240V] - Estimated First Year Production: 17,407 kWh - Consumption Offset: 118% - Workmanship Warranty: PES 25 Year - Roof Penetration Warranty: PES 25 Year - Monitoring: Online System Monitoring - Additional Service: AeroSEAL (ONE Unit) - Gross Cost: $48,959.58 - Discounts & Rebates: -$0.00 - Federal Tax Credit: Residential Renewable Energy Tax Credit - 30% (-$14,687.87) - Loan Option: Available for $48,959.58 at 3.99% APR over 25 years