Solar Panel Cost Guide in Ahoskie, NC (2023 Update)
- Ahoskie Solar Installation Cost: $12,570
- 25-Year Savings: $24,228
- Payback Period: 8.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Ahoskie
Here's how much it might cost to go solar in Ahoskie.
The national average cost of solar panels is $2.66 per watt, but in Ahoskie it's 2.54 per watt. The average Ahoskie homeowner needs a 7.1-kilowatt system, which would cost about $12,570 with the federal tax credit, or $17,975 before the 30% tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely look different based on your specific situation and what company you choose to go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Ahoskie can save about $20,000 on their electricity bills over 20 years.
Click the button below to get connected to a top solar installer in Ahoskie for a personalized estimate.
Solar savings over time in Ahoskie
| Year | Return on Investment |
|---|---|
| 1 years | $-11,099 |
| 3 years | $-8,155 |
| 5 years | $-5,211 |
| 7 years | $-2,267 |
| 9 years | $677 |
| 11 years | $3,621 |
| 13 years | $6,564 |
| 15 years | $9,508 |
| 17 years | $12,452 |
| 19 years | $15,396 |
| 21 years | $18,340 |
| 23 years | $21,284 |
| 25 years | $24,228 |
Top Solar Installers in Ahoskie
When going solar, many homeowners decide to use a solar installation company since installing solar panels yourself can be a challenging project. The expertise that solar companies offer can be helpful as well, particularly if you don't quite know what type of solar equipment you need.
Working with a professional solar company can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Ahoskie
Factors that Affect Solar Panel Costs in Ahoskie
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Ahoskie: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. There are several different solar panel brands and the one you choose also affects the cost. Generally, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Ahoskie, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your overall costs, so it's vital to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies in Ahoskie, and each can charge varying amounts for labor and equipment. The company's size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.64 | $11,095 | $20,134 | 8.9 years |
| 8 kW | $2.59 | $14,508 | $27,129 | 8.7 years |
| 10 kW | $2.54 | $17,780 | $34,267 | 8.5 years |
| 12 kW | $2.49 | $20,909 | $41,547 | 8.4 years |
| 14 kW | $2.44 | $23,896 | $48,970 | 8.2 years |
| 16 kW | $2.39 | $26,741 | $56,534 | 8.0 years |
| 18 kW | $2.34 | $29,444 | $64,241 | 7.9 years |
| 20 kW | $2.29 | $32,004 | $72,090 | 7.7 years |
How to Save on Solar Panels
There are a lot of companies available in Ahoskie, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before making your decision.
- Contract: Before you sign a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Ahoskie, NC Solar Cost FAQs
How much does it cost to install solar panels in Ahoskie?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,700 for a 5-kW system and $25,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Ahoskie?
Solar panels aren't free in Ahoskie, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Do solar panels increase your property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Ahoskie is currently $93,800, which means you could be looking at a value of about $3,846 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Ahoskie is a fruitful investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a 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 get 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.