Solar Panel Cost Guide in Asheville, NC (Nov 2022)

  • Asheville Solar Installation Cost: $12,393
  • 25-Year Savings: $20,150
  • Payback Period: 9.5 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 Asheville

Let's take a look at the average cost of solar panels in Asheville.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Asheville, the typical cost of solar panels is $3 per watt. The average Asheville homeowner needs a 7.0-kilowatt system, which would cost about $12,393, or $9,171 after the federal solar tax credit of 30% is applied.

These figures are just estimates, and the cost of going solar for you will differ based on your energy needs and what company you choose to go with. For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $18,000 in savings on electricity bills over 20 years.

You can click the button below to get connected with a top solar installer in Asheville that can help you get a more accurate cost estimate for your home.

Solar savings over time in Asheville

Year Return on Investment
1 years $-11,091
3 years $-8,487
5 years $-5,884
7 years $-3,281
9 years $-677
11 years $1,926
13 years $4,530
15 years $7,133
17 years $9,737
19 years $12,340
21 years $14,943
23 years $17,547
25 years $20,150

Top Solar Installers in Asheville

Although it's possible to install solar panels by yourself, it involves extra time and handiness. That's why the majority of homeowners choose to go with a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be right for you.

If you'd like to switch to solar energy but still aren't sure which solar panel company to go with, here are our suggestions for providers nearby:

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 Asheville

Factors that Affect Solar Panel Costs in Asheville

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

Solar Equipment

The size of the system you need is one of the largest factors that determines the overall cost of installing solar panels. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Asheville, 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

Many homeowners find the average cost of solar in Asheville to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to higher prices over time because of interest. Although solar loans make adopting solar energy more accessible for Asheville homeowners, they can also add to the total you pay for your system due to interest. 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 panel installation company you choose will influence your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. You may notice 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 promotions to compete with those larger companies.

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 $16,936 9.9 years
8 kW $2.59 $14,508 $22,866 9.7 years
10 kW $2.54 $17,780 $28,938 9.5 years
12 kW $2.49 $20,909 $35,152 9.3 years
14 kW $2.44 $23,896 $41,509 9.1 years
16 kW $2.39 $26,741 $48,007 8.9 years
18 kW $2.34 $29,444 $54,648 8.8 years
20 kW $2.29 $32,004 $61,432 8.6 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
  • 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 you can expect about the project timeline.
  • Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
  • 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 positive reviews from previous 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 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 Asheville, NC Solar Cost FAQs

What is the average cost of installing solar panels in Asheville?

The average cost of solar panels in Asheville is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Asheville?

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

How will having solar panels impact my home value?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Asheville is currently $257,037, which means you can expect about a value of about $10,539 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Asheville is a fruitful investment.

How often do you have to replace solar panels?

Even 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 the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using 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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