Solar Panel Cost Guide in Gastonia, NC (Feb 2023)

  • Gastonia Solar Installation Cost: $12,108
  • 25-Year Savings: $20,371
  • Payback Period: 9.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Gastonia

See how much it might cost to install solar panels in Gastonia.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Gastonia, the average cost of a solar system is $3 per watt. The average Gastonia homeowner needs a 6.8-kilowatt system, which would cost about $12,108, or $8,960 after the federal solar tax credit of 30% is applied.

These figures are just estimates, and the cost of going solar for you will most likely look different based on your specific situation and what company you want to go with. Many homeowners find going solar is a solid investment. The average homeowner in Gastonia can save around $18,000 on their energy bills over 20 years.

To get a free estimate from a pre-vetted solar installer in Gastonia, you can click the button below.

Solar savings over time in Gastonia

Year Return on Investment
1 years $-10,809
3 years $-8,211
5 years $-5,612
7 years $-3,014
9 years $-416
11 years $2,183
13 years $4,781
15 years $7,379
17 years $9,978
19 years $12,576
21 years $15,174
23 years $17,772
25 years $20,371

Top Solar Installers in Gastonia

Installing solar panels yourself can be a difficult task, which is why using a solar installer is a good option for many homeowners. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.

There are various 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 Gastonia

Factors that Affect Solar Panel Costs in Gastonia

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

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 energy your household consumes, the larger your system will likely need to be. You can expect to spend about $2,540 per kilowatt in Gastonia. The brand of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that are more efficient, 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 consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.

Solar Financing Terms

Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Gastonia homeowners decide to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's vital to consider that as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

The last key cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Gastonia, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.

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 $17,514 9.7 years
8 kW $2.59 $14,508 $23,637 9.5 years
10 kW $2.54 $17,780 $29,902 9.3 years
12 kW $2.49 $20,909 $36,309 9.1 years
14 kW $2.44 $23,896 $42,858 8.9 years
16 kW $2.39 $26,741 $49,550 8.8 years
18 kW $2.34 $29,444 $56,384 8.6 years
20 kW $2.29 $32,004 $63,360 8.4 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:

  • Solar Panel Brands: Different companies offer various brands and models of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
  • Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a good company.
  • Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.

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 Gastonia, NC Solar Cost FAQs

How much does it cost to install solar panels in Gastonia?

The average cost of solar panels in Gastonia 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 kind of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider apart from cost when buying solar panels?

The initial cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.

Can solar panels completely eradicate my power bills?

Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $953.64 per year.

How often do you have to replace solar panels?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.

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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