Solar Panel Cost Guide in China Grove, NC (2025 Update)
- China Grove Solar Installation Cost: $16,881
- 25-Year Savings: $17,175
- Payback Period: 14.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in China Grove
We break down average solar pricing in China Grove.
The national average cost of solar panels is $2.66 per watt, but in China Grove it’s 4 per watt.To account for the typical energy needs of the average home in China Grove, most homeowners require a 6.9-kilowatt system. Using the figure above, a solar installation costs about $16,881, or $24,140 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average China Grove homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Despite the high upfront cost, the average China Grove homeowner can save around $16,000 on their energy bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a reputable solar company in your area for a customized estimate.
Solar savings over time in China Grove
Year | Return on Investment |
---|---|
1 years | $-15,559 |
3 years | $-12,914 |
5 years | $-10,270 |
7 years | $-7,626 |
9 years | $-4,982 |
11 years | $-2,337 |
13 years | $307 |
15 years | $2,951 |
17 years | $5,595 |
19 years | $8,240 |
21 years | $10,884 |
23 years | $13,528 |
25 years | $16,172 |
Top Solar Installers in China Grove
When switching to solar energy, many homeowners decide to go with a solar company since putting up a solar system yourself can be a time-consuming project. The expertise that solar installers offer can be useful as well, especially if you aren’t sure what kind of solar equipment you need.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 China Grove
Factors that Affect Solar Panel Costs in China Grove
There are a number of criteria that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you choose also affects the cost. Typically, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get 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 out of pocket can be financially overwhelming. Solar loans are provided by most installers in China Grove, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can affect your pricing. China Grove’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that has the products, warranties and services you want and also fits within your budget.
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 | $10,335 | 14.9 years |
8 kW | $3.58 | $20,049 | $14,173 | 14.6 years |
10 kW | $3.51 | $24,570 | $18,208 | 14.4 years |
12 kW | $3.44 | $28,894 | $22,439 | 14.1 years |
14 kW | $3.37 | $33,022 | $26,867 | 13.8 years |
16 kW | $3.30 | $36,953 | $31,491 | 13.5 years |
18 kW | $3.23 | $40,688 | $36,312 | 13.2 years |
20 kW | $3.16 | $44,226 | $41,329 | 12.9 years |
How to Save on Solar Panels
There are a large number of companies to choose from in China Grove, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Read the contract terms closely to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's China Grove, NC Solar Cost FAQs
How much does it cost to install solar panels in China Grove?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $17,550 for a 5-kW system and $35,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Is it worth going solar in China Grove?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.