Solar Panel Cost Guide in Archer Lodge, NC (Nov 2022)

  • Archer Lodge Solar Installation Cost: $12,410
  • 25-Year Savings: $21,607
  • Payback Period: 9.1 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Archer Lodge

Find out how much it might cost to make the switch to solar in Archer Lodge.

The national average cost of solar panels is $2.66 per watt, but in Archer Lodge it's $3 per watt. To cover the typical energy usage of the average home in Archer Lodge, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs around $12,410, or $9,183 after the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of making the switch to solar can vary based on several factors, such as what size system you need, your energy consumption and what installation company you go with. For many homeowners, the upfront cost of solar power is worth paying. On average Archer Lodge homeowners see about $19,000 in savings on electricity bills over 20 years.

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

Solar savings over time in Archer Lodge

Year Return on Investment
1 years $-11,050
3 years $-8,328
5 years $-5,607
7 years $-2,886
9 years $-164
11 years $2,557
13 years $5,279
15 years $8,000
17 years $10,721
19 years $13,443
21 years $16,164
23 years $18,885
25 years $21,607

Top Solar Installers in Archer Lodge

Although you can install solar panels on your own, it involves extra time and expertise. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Also, companies with a high reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.

There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5

  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

See all of the solar companies in Archer Lodge

Factors that Affect Solar Panel Costs in Archer Lodge

The cost of installing a solar system in Archer Lodge can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,540 per kilowatt in Archer Lodge. The model of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.

Solar Financing Terms

Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Archer Lodge homeowners choose to finance their solar panel systems to make paying for solar more affordable. While solar loans make adopting solar energy more accessible for Archer Lodge homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar company you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Archer Lodge know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 $2.64 $11,095 $18,149 9.5 years
8 kW $2.59 $14,508 $24,483 9.3 years
10 kW $2.54 $17,780 $30,960 9.1 years
12 kW $2.49 $20,909 $37,579 8.9 years
14 kW $2.44 $23,896 $44,339 8.8 years
16 kW $2.39 $26,741 $51,243 8.6 years
18 kW $2.34 $29,444 $58,288 8.4 years
20 kW $2.29 $32,004 $65,476 8.2 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. Because selecting a company can be a challenge, we have some tips to help you, such as:

  • Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
  • Installation Process: When going solar, it's necessary to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the completion timeline.
  • Contract: It's important to read through your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While 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 be sure to peruse their list of offerings before deciding.

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 Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5

  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

EcoWatch's Archer Lodge, NC Solar Cost FAQs

How much does it cost to install solar panels in Archer Lodge?

The average cost of solar panels in Archer Lodge is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Archer Lodge?

You can't get solar panels for free in Archer Lodge. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.

Can you sell solar power back to the grid in Archer Lodge?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.

How many solar panels should I get to power 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.

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