Solar Panel Cost Guide in Hendersonville, NC (2025 Update)
- Hendersonville Solar Installation Cost: $16,863
- 25-Year Savings: $19,635
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Hendersonville
Find out how much it might cost to switch to solar power in Hendersonville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Hendersonville, the average cost of a solar system is 4 per watt.The average Hendersonville homeowner needs a 6.9-kilowatt system, which would cost about $16,863 with the federal tax credit, or $24,114 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of installing solar panels can vary depending on a few factors, such as how many panels you need, your energy consumption and what installation company you go with.Even with the high initial cost, the average Hendersonville homeowner can save around $18,000 on their energy bills over 20 years, which is one of the positives of solar.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Hendersonville
Year | Return on Investment |
---|---|
1 years | $-15,491 |
3 years | $-12,747 |
5 years | $-10,004 |
7 years | $-7,260 |
9 years | $-4,517 |
11 years | $-1,773 |
13 years | $970 |
15 years | $3,714 |
17 years | $6,458 |
19 years | $9,201 |
21 years | $11,945 |
23 years | $14,688 |
25 years | $17,432 |
Top Solar Installers in Hendersonville
Installing solar panels on your own can be a dangerous undertaking, which is why using a solar installation company is a good option for many homeowners. The payback period on a solar system will vary depending on factors like your roof configuration and energy consumption, but working with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
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 Hendersonville
Factors that Affect Solar Panel Costs in Hendersonville
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that will push your cost above or below the average in Hendersonville: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $3,510 per kilowatt in Hendersonville.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Hendersonville, where sunlight is abundant, efficiency can quickly pay off. In addition, 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
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Hendersonville, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your overall costs, so it’s important to consider that as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can play a role in determining the cost. Hendersonville’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Hendersonville know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $12,501 | 13.8 years |
8 kW | $3.58 | $20,049 | $17,062 | 13.5 years |
10 kW | $3.51 | $24,570 | $21,819 | 13.2 years |
12 kW | $3.44 | $28,894 | $26,772 | 13.0 years |
14 kW | $3.37 | $33,022 | $31,922 | 12.7 years |
16 kW | $3.30 | $36,953 | $37,268 | 12.4 years |
18 kW | $3.23 | $40,688 | $42,811 | 12.2 years |
20 kW | $3.16 | $44,226 | $48,551 | 11.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 $17,550 for a 5-kW system and $35,100 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.
Are solar panels free in Hendersonville?
Solar panels aren’t free in Hendersonville, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $927.77 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.