Solar Panel Cost Guide in Gamewell, NC (2025 Update)
- Gamewell Solar Installation Cost: $17,180
- 25-Year Savings: $20,378
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in Gamewell
We go over average solar pricing in Gamewell.
Although the national average of solar panels is $2.66 per watt, solar panels in Gamewell typically cost about 4.To account for the typical energy usage of the average home in Gamewell, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs around $17,180, or $24,567 before the federal solar tax credit of 0 is applied.
These figures are just averages, and your own solar costs may differ based on the amount of energy your home requires and what company you want to go with.Even with the high initial cost, the average Gamewell homeowner can save about $18,000 on their energy bills over 20 years, which is one of the perks of solar.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Gamewell
| Year | Return on Investment |
|---|---|
| 1 years | $-15,858 |
| 3 years | $-13,214 |
| 5 years | $-10,570 |
| 7 years | $-7,925 |
| 9 years | $-5,281 |
| 11 years | $-2,637 |
| 13 years | $7 |
| 15 years | $2,652 |
| 17 years | $5,296 |
| 19 years | $7,940 |
| 21 years | $10,584 |
| 23 years | $13,229 |
| 25 years | $15,873 |
Top Solar Installers in Gamewell
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of a solar company can make swapping over to solar power much easier. Companies can also have access to various kinds of the best solar panels and help you decide which one will be right for your home.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Gamewell
Factors that Affect Solar Panel Costs in Gamewell
The cost of installing a solar system in Gamewell can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,510.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Gamewell, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are an affordable option because they cut back your upfront costs and let you pay for your system over five to seven years on average.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can affect how much it costs. Gamewell’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Gamewell are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $3.65 | $15,332 | $12,822 | 13.6 years |
| 8 kW | $3.58 | $20,049 | $17,489 | 13.4 years |
| 10 kW | $3.51 | $24,570 | $22,353 | 13.1 years |
| 12 kW | $3.44 | $28,894 | $27,413 | 12.8 years |
| 14 kW | $3.37 | $33,022 | $32,670 | 12.6 years |
| 16 kW | $3.30 | $36,953 | $38,123 | 12.3 years |
| 18 kW | $3.23 | $40,688 | $43,773 | 12.0 years |
| 20 kW | $3.16 | $44,226 | $49,620 | 11.8 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 picking a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
EcoWatch's Gamewell, NC Solar Cost FAQs
What is the average cost of installing solar panels in Gamewell?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,550 for a 5-kW system and $35,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Gamewell?
A solar panel system isn’t free in Gamewell, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How long do solar panels last in Gamewell?
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 how much energy they produce will have decreased significantly after that point. You can decide to replace them after having 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.