Solar Panel Cost Guide in Ahoskie, NC (2024 Update)
- Ahoskie Solar Installation Cost: $17,371
- 25-Year Savings: $24,227
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Ahoskie
We break down average solar pricing in Ahoskie.
The average cost of a solar system in Ahoskie is 4 per watt.Because a 7.1-kW system is needed to cover the energy needs of a typical home in Ahoskie, the average price of going solar will be about $17,371 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what solar installer you go with.For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in Ahoskie see about $20,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Ahoskie that can help you get a more accurate cost estimate for your home.
Solar savings over time in Ahoskie
| Year | Return on Investment |
|---|---|
| 1 years | $-15,893 |
| 3 years | $-12,935 |
| 5 years | $-9,978 |
| 7 years | $-7,021 |
| 9 years | $-4,064 |
| 11 years | $-1,107 |
| 13 years | $1,850 |
| 15 years | $4,808 |
| 17 years | $7,765 |
| 19 years | $10,722 |
| 21 years | $13,679 |
| 23 years | $16,636 |
| 25 years | $19,593 |
Top Solar Installers in Ahoskie
Many homeowners opt for a solar installer since installing solar panels on your own can be time-consuming. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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 Ahoskie
Factors that Affect Solar Panel Costs in Ahoskie
There are many criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar system in Ahoskie, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can figure out by looking at past energy bills. Your overall cost can increase by about $3,510 for each additional kilowatt you need.The model of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Ahoskie, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your overall costs, so it’s important to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can affect how much it costs. Ahoskie’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Ahoskie have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.65 | $15,332 | $15,897 | 12.3 years |
| 8 kW | $3.58 | $20,049 | $21,589 | 12.0 years |
| 10 kW | $3.51 | $24,570 | $27,477 | 11.8 years |
| 12 kW | $3.44 | $28,894 | $33,562 | 11.6 years |
| 14 kW | $3.37 | $33,022 | $39,844 | 11.3 years |
| 16 kW | $3.30 | $36,953 | $46,322 | 11.1 years |
| 18 kW | $3.23 | $40,688 | $52,997 | 10.9 years |
| 20 kW | $3.16 | $44,226 | $59,868 | 10.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When making the switch to solar, it’s necessary to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: The brand of solar panel you want plays a part in which company you should opt for, since different companies provide different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Ahoskie, NC Solar Cost FAQs
How much does it cost to install solar panels in Ahoskie?
The average cost of solar panels in Ahoskie is about $17,550 for a 5-kW system and $35,100 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Solar panels can be a great investment for many 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 pretty low, solar panels might not be for you.
How long do solar panels last in Ahoskie?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.