Solar energy is becoming increasingly popular around the world, as it is one of the most efficient, environmentally friendly and cost-effective ways to generate electricity. Solar panels not only reduce electricity costs, but also help protect the environment and achieve energy independence. Thanks to technological advances, solar panels are now quite affordable, and in the long run, their cost is quickly repaid.
How Much Do Solar Panels Cost?
The price of solar panels in Georgia starts at approximately $350 for a 1 kW system, although the final cost depends on several factors: the required system capacity, the type of panels you choose, whether the system includes an inverter and batteries, and installation costs.
In this article, we will take a detailed look at how solar panel prices are determined, provide a comparative pricing table, and explain the key factors that have the greatest impact on the total system cost. We will also introduce available financing options.
First, let’s understand why solar energy is a good choice, how it is generated, and what components make up a solar power system.
Solar Panel Prices By Capacity
| Power (kW) | Average price per 1 kW ($) | Monthly income (GEL) | Recommendation for use |
| 1 kW | 750 | ~31 | Small apartment or cottage |
| 3 kW | 700 | ~94 | Medium-sized house |
| 5 kW | 650 | ~156 | Large home or small business |
| 10 kW | 600 | ~313 | Small business |
| 50 kW | 500 | ~1563 | Medium enterprise |
| 100 kW | 400 | ~3125 | Large enterprise |
| 500 kW | 350 | ~15625 | Industrial facilities |
Solar Panel Price Calculator
Would you like to find out how much an optimal system would cost for your home or business? Try our calculator or contact us for a full consultation.
Financing options
If paying the full cost of solar panels upfront is challenging, several financing options are available in Georgia, including the “Produce in Georgia” program, projects by the European Bank for Reconstruction and Development (EBRD), and long-term energy loans. Our team will help you choose the most suitable financing model.
Georgia also operates a net metering system. If you generate excess electricity, you can sell it back to the national power grid.
For more detailed information, please refer to our article on solar financing opportunities in Georgia.
Advantages of Solar Energy
- Cost savings: Solar energy allows you to significantly reduce or even eliminate electricity expenses.
- Energy independence: You are no longer dependent on unstable grid supply or fluctuating electricity prices.
- Environmental protection: Solar panels do not emit carbon dioxide or other harmful pollutants.
- Long-term investment: Solar panels have a lifespan of 25–30 years, with payback typically achieved within 4–7 years.
- Government support: Georgia offers subsidies and financing programs aimed at supporting and developing renewable energy production.
Georgia enjoys an average of 250-280 sunny days per year, creating ideal conditions for the efficient use of solar energy for both residential and commercial purposes.
Components of a Solar Power System
Solar energy systems consist of several key components:
- Solar panels (photovoltaic modules): Convert sunlight into electricity. They are made of photo-voltaic cells coated with semiconductor materials that absorb sunlight and generate direct current (DC).
- Inverter: Converts the DC electricity produced by solar panels into alternating current (AC 220V) used in household and commercial power systems.
- Batteries (optional): Used to store energy for later use.
Additional components: Mounting structures; cables that are weather-resistant and protected from solar radiation; a charge controller (required in battery-based systems) to prevent overcharging or deep discharging; a meter for connection to the net metering system; a distribution panel; and a monitoring system.
Accordingly, the total cost of a solar power plant depends on the selected components and specific individual requirements.
Key Factors Affecting Solar Panel Prices
- System capacity: The more energy you consume, the larger the system required, and the higher the cost. For example, 1–3 kW is sufficient for a small apartment, while a commercial facility may require more than 10 kW.
- Type of panels: Mono-crystalline panels are more efficient and require less space but are slightly more expensive; polycrystalline panels are more affordable.
- Brand and quality: Products from leading international manufacturers are typically more expensive but offer higher reliability and performance.
- Inverter: Prices vary depending on brand, capacity, and type. On-grid inverters connect to the public grid (no batteries required); hybrid inverters work with both the grid and batteries; off-grid inverters are designed for autonomous systems (e.g., houses or cottages).
- Installation costs: Vary based on location, roof type, and logistical factors. On average, installation accounts for about 10-15% of the total system cost.
- Batteries: If energy storage is required-for nighttime use or during power outages – this component significantly increases the system cost.
Summary
The price of solar panels in Georgia depends on system capacity, technology, and selected components. On average, a 1 kW system costs around $350, though the final price depends on individual needs. Step Energy’s experts will help you select and install the optimal system.
If you need more detailed information, our team is always ready to answer all your questions.
Step Energy offers full range of installation services – from design to execution. We successfully deliver both small and large-scale projects, ensuring energy independence and cost optimization. Contact us today, and our professional team will help you start benefiting from solar energy for a sustainable future.
Solar energy – the path to energy independence!