Georgia Solar Panel Incentives: Solar Loans, Efficiency Rebates

Atlanta, the capital of Georgia, is one of the sunniest major cities in the country. It has an average of 110 sunny days a year and other cities in the state aren’t far behind. So, with sunshine not being a roadblock, it’s clear a solar energy system is a great way to reduce energy bills and keep any worries away.

However, Georgia isn’t the most generous state when it comes to incentivizing solar installations. But we took a closer look and found that there’s good news for residents who want to install solar panels and reduce their reliance on the electric grid. While there are no major statewide programs to reduce the cost of solar in Georgia, the residents can still access local rebates and special loans that make solar panels a bit more affordable.

Other rebates for energy-efficiency improvements could also pair well with a solar system, even if there aren’t incentives specifically designed for rooftop solar installation. Here’s a guide to solar incentives available in the state of Georgia.

Comparing Georgia solar panel incentives

CNET recently ranked states based on their residential solar policies: the laws and regulations affecting consumer-level solar panel installation and adoption. These policies play a major role in determining how accessible and affordable a solar panel system is to the average resident. 

Each state was evaluated through a methodology and scored based on eight categories. The final score was converted to a letter grade.

The interactive map below provides a breakdown of solar incentives for residential installation across all 50 states, including Georgia. You can use the map to find out how the incentives in your state hold up when compared to the rest of the US legislative environment.

Georgia state solar tax credits, exemptions and loan programs

Unlike many states that give residents money or tax credits to offset the cost of solar, Georgia does not have any statewide incentive programs of this type. It’s best to look to programs run by local communities or utility companies for financial help.

Local solar and energy-efficiency incentives in Georgia

While there are not many local incentives for solar panels themselves, utility company Georgia Power does offer rebates for many home energy improvements you might want to make alongside solar. 

Georgia Power energy-efficiency rebates

Georgia Power’s Energy Assistance for Savings & Efficiency (EASE) program can get you free energy upgrades if your household income is 200% or less of the 2023 US Federal Poverty Guidelines. The program covers energy-efficiency projects such as:

• Attic insulation
• Air sealing of gaps, cracks and leaks
• LED light bulbs
• Smart Wi-Fi thermostats
• Heating and air system service

Another Georgia Power offering, the Home Energy Improvement Program, can help you fund home energy improvements. The rebate amounts vary per project, and they are available for insulation, air sealing, thermostats, heat pumps, water heaters and more.

Georgia Bright

Thanks to provisions in the Inflation Reduction Act, nonprofits have an avenue for claiming the federal solar tax credit. The national nonprofit Good Capital Fund is piloting the Georgia Bright program in the state to bring, low cost solar leases to qualifying Georgians who own their own home and meet certain income requirements.

Local rebates for electric appliances in Georgia

There are a number of other rebate programs offered by Georgia utility companies that can help you afford electric appliances that would make sense to pair with a solar system.

And it’s not just the utility companies offering these rebates. The city of Marietta has a $150 heat pump rebate, as well as a $250 electric water heater rebate.

Special loans for solar in Georgia

Residents of Georgia can benefit from a HomePlus Loan, offered by the Energy Financial Credit Union.

These loans can be accessed through utility companies Jackson EMC, Central Georgia EMC and Walton EMC, but they’re administered by Energy Financial. They can be used to fund home energy projects including solar, but also heat pumps, water heaters and insulation. 

Georgia net metering rules for solar energy

Net metering allows you to sell extra solar energy you don’t use back to the grid, and get compensated with bill credits.

The specifics of net metering vary by utility. For Georgia Power, solar customers can sign up for a net metering program, called RNR-Instantaneous Netting. Their excess energy is summed up monthly, and credited toward customer bills at a “Solar Avoided Cost Rate,” plus 4 cents per kWh. This program does have a cap of 0.2% of the company’s “annual peak demand in the previous year.”

If you’re not a Georgia Power customer, here are links to the net metering rules for other utility companies in the state.

Community solar projects in Georgia

Residents of the Peach State who can’t put solar on their own roof can still buy solar power.

Community solar projects — essentially large solar farms — allow utility customers to subscribe to a piece of the output of the solar energy, and in return potentially receive lower electricity bills. It’s also a way for customers to support large solar projects in their local area.

Customers of Georgia Power can sign up directly for community solar output by enrolling online. It costs $24.00 per 1 kilowatt block per month to sign up. The utility’s website says, “You should expect that the Community Solar charge to participate in the program may exceed any bill credits received from solar production.”

CNET’s Andrew Blok contributed to this report.