Solar Panel Cost Guide in Hendersonville, NC (2023 Update)
- Hendersonville Solar Installation Cost: $12,203
- 25-Year Savings: $19,635
- Payback Period: 9.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Hendersonville
We break down average solar pricing in Hendersonville.
In Hendersonville, solar panels cost about 2.54 per watt on average. The average solar panel system size in Hendersonville is around 6.9 kilowatts, meaning a cost of about $12,197 for a solar installation, or $17,442 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy consumption, the type of solar system you choose, your solar contractor and more. With average savings of about $18,000 on utility bills over 20 years, many homeowners in Hendersonville find going solar can pay off big.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Hendersonville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,831 |
| 3 years | $-8,087 |
| 5 years | $-5,344 |
| 7 years | $-2,600 |
| 9 years | $143 |
| 11 years | $2,887 |
| 13 years | $5,631 |
| 15 years | $8,374 |
| 17 years | $11,118 |
| 19 years | $13,861 |
| 21 years | $16,605 |
| 23 years | $19,348 |
| 25 years | $22,092 |
Top Solar Installers in Hendersonville
Many homeowners decide to use a solar installer since trying to install solar panels by yourself can be time-consuming. Some solar companies, particularly local ones, can help you better understand incentives in Hendersonville, therefore optimizing your ROI.
There are a number of 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
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Hendersonville
Factors that Affect Solar Panel Costs in Hendersonville
The cost of installing a solar system in Hendersonville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's a priority to accurately gauge 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. In general, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Hendersonville homeowners opt to finance their solar panel systems to make going solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can influence the cost. Hendersonville's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies undercut 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 | $16,738 | 10.0 years |
| 8 kW | $2.59 | $14,508 | $22,602 | 9.8 years |
| 10 kW | $2.54 | $17,780 | $28,609 | 9.6 years |
| 12 kW | $2.49 | $20,909 | $34,757 | 9.4 years |
| 14 kW | $2.44 | $23,896 | $41,048 | 9.2 years |
| 16 kW | $2.39 | $26,741 | $47,481 | 9.0 years |
| 18 kW | $2.34 | $29,444 | $54,056 | 8.8 years |
| 20 kW | $2.29 | $32,004 | $60,773 | 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 models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The type of solar panel you'd like plays a role in which company you should opt for, since different companies offer different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Hendersonville, NC Solar Cost FAQs
How much does it cost to install solar panels in Hendersonville?
The average cost of solar panels in Hendersonville 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 in addition to cost when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Although 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 replace them after having them for that long or you can continue to use 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.