Solar Panel Cost Guide in Pinehurst, MA (2024 Update)

  • Pinehurst Solar Installation Cost: $12,674
  • 25-Year Savings: $16,619
  • Payback Period: 12.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Pinehurst

Let’s have a look at the average cost of solar in Pinehurst.

The national average cost of solar panels is $2.66 per watt, but in Pinehurst it’s 4 per watt.Since a 4.5-kW system is needed to cover the energy needs of a typical home in Pinehurst, the average price of going solar will be about $12,674 after claiming the federal solar tax credit of 0.

The true cost of your system can be higher or lower than the average in Pinehurst based on a variety of factors, such as the type of solar panels you choose and the solar company you hire.Despite the high upfront cost, the average Pinehurst homeowner can save about $22,000 on their energy bills over 20 years, which is one of the benefits of solar.

To see your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Pinehurst

Year Return on Investment
1 years $-10,950
3 years $-7,503
5 years $-4,057
7 years $-610
9 years $2,837
11 years $6,284
13 years $9,731
15 years $13,178
17 years $16,625
19 years $20,072
21 years $23,518
23 years $26,965
25 years $30,412

Top Solar Installers in Pinehurst

Trying to install solar panels by yourself can be a challenging task, which is why getting a solar installation company is a good option for many homeowners. Some solar installers, especially local ones, can help you better understand incentives in Pinehurst, optimizing your ROI.

Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Pinehurst

Factors that Affect Solar Panel Costs in Pinehurst

For many Pinehurst homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Pinehurst, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.

Solar Equipment

The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $4,060. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Pinehurst, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Pinehurst homeowners choose to finance their solar panel systems to make paying for solar more affordable.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.

Solar Panel Installation Company

The remaining significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of green energy solutions in Pinehurst, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $4.22 $17,734 $16,974 12.8 years
8 kW $4.14 $23,191 $23,087 12.5 years
10 kW $4.06 $28,420 $29,427 12.3 years
12 kW $3.98 $33,422 $35,994 12.0 years
14 kW $3.90 $38,196 $42,789 11.8 years
16 kW $3.82 $42,744 $49,811 11.5 years
18 kW $3.74 $47,064 $57,061 11.3 years
20 kW $3.65 $51,156 $64,538 11.1 years

How to Save on Solar Panels

There are many companies to choose from in Pinehurst, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
  • Contract: It’s important to read your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
  • Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Pinehurst, MA Solar Cost FAQs

How much does it cost to install solar panels in Pinehurst?

This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.

Are solar panels free in Pinehurst?

Solar panels aren’t free in Pinehurst, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

How will installing solar panels impact my property value?

Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How often do you have to replace solar panels?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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