Solar Panel Cost Guide in Rock Hill, MO (2025 Update)
- Rock Hill Solar Installation Cost: $17,060
- 25-Year Savings: $18,719
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Rock Hill
Let’s take a look at the average cost of solar in Rock Hill.
The average cost of a solar panel system in Rock Hill is 3 per watt.Using this figure, a typical 7.2-kW system would cost about $17,060 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Rock Hill homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $17,000 on energy bills over 20 years, many homeowners in Rock Hill find investing in solar can pay off big.
Click the button below to get connected to a vetted solar installer in your area for a personalized estimate.
Solar savings over time in Rock Hill
Year | Return on Investment |
---|---|
1 years | $-15,769 |
3 years | $-13,188 |
5 years | $-10,607 |
7 years | $-8,026 |
9 years | $-5,445 |
11 years | $-2,864 |
13 years | $-283 |
15 years | $2,298 |
17 years | $4,880 |
19 years | $7,461 |
21 years | $10,042 |
23 years | $12,623 |
25 years | $15,204 |
Top Solar Installers in Rock Hill
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make converting to solar power much easier. The payback period of solar panels will vary depending on factors like your roof configuration and energy use, but working with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Rock Hill
Factors that Affect Solar Panel Costs in Rock Hill
There are several factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
When it comes to estimating the cost of a solar system in Rock Hill, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by about $3,370 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Rock Hill, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, 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
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Rock Hill, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your overall costs, so it’s crucial to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Rock Hill is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.50 | $14,720 | $11,688 | 13.9 years |
8 kW | $3.44 | $19,249 | $15,962 | 13.7 years |
10 kW | $3.37 | $23,590 | $20,424 | 13.4 years |
12 kW | $3.30 | $27,742 | $25,075 | 13.1 years |
14 kW | $3.24 | $31,705 | $29,915 | 12.9 years |
16 kW | $3.17 | $35,479 | $34,943 | 12.6 years |
18 kW | $3.10 | $39,065 | $40,160 | 12.3 years |
20 kW | $3.03 | $42,462 | $45,566 | 12.1 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project timeline rebates and warranties.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated 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 previous customers.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Rock Hill, MO Solar Cost FAQs
How much does it cost to install solar panels in Rock Hill?
The average cost of solar panels in Rock Hill is about $16,850 for a 5-kW system and $33,700 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Rock Hill?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is going solar worth it?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.