Solar Panel Cost Guide in China Grove, NC (Jan 2023)
- China Grove Solar Installation Cost: $12,215
- 25-Year Savings: $17,175
- Payback Period: 10.4 Years
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Top Solar Installers in China Grove
Installing solar panels by yourself can be a dangerous undertaking, which is why getting a solar installation company is a good option for many homeowners. The expertise that solar installers offer can be useful as well, particularly if you aren't sure what brand of solar equipment you need.
If you're on the hunt for a solar installer in China Grove, we've organized a list of our top suggestions here:
See all of the solar companies in China Grove
Factors that Affect Solar Panel Costs in China Grove
The cost of installing a solar system in China Grove can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,540. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like China Grove, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Although solar loans make going solar more accessible for China Grove homeowners, they can also increase 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 installer you hire to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies in China Grove, and each can charge different amounts for labor and equipment. The company's size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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||$14,572||10.8 years|
|8 kW||$2.59||$14,508||$19,714||10.6 years|
|10 kW||$2.54||$17,780||$24,998||10.4 years|
|12 kW||$2.49||$20,909||$30,424||10.2 years|
|14 kW||$2.44||$23,896||$35,992||10.0 years|
|16 kW||$2.39||$26,741||$41,703||9.8 years|
|18 kW||$2.34||$29,444||$47,556||9.6 years|
|20 kW||$2.29||$32,004||$53,551||9.4 years|
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- 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 satisfied reviews from past customers.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: The model of solar panel you want plays a role in which installer you should go with, since different companies have access to different panels.
EcoWatch's China Grove, NC Solar Cost FAQs
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.