Solar Panel Cost Guide in Huntersville, NC (Feb 2023)
- Huntersville Solar Installation Cost: $12,126
- 25-Year Savings: $19,289
- Payback Period: 9.7 Years
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Top Solar Installers in Huntersville
Many homeowners opt for a solar panel company since figuring out how to install solar panels yourself can be challenging. Plus, if you're unsure what brand of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar installer in Huntersville, we've organized a list of our top suggestions here:
See all of the solar companies in Huntersville
Factors that Affect Solar Panel Costs in Huntersville
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average in Huntersville: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
When it comes to estimating the price of a solar energy system in Huntersville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can figure out by looking at past electricity bills. Your overall cost can increase by around $2,540 for each additional kilowatt you need. The kind of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. 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 searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Huntersville to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you choose will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Huntersville have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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||$2.64||$11,095||$16,525||10.0 years|
|8 kW||$2.59||$14,508||$22,318||9.8 years|
|10 kW||$2.54||$17,780||$28,254||9.7 years|
|12 kW||$2.49||$20,909||$34,331||9.5 years|
|14 kW||$2.44||$23,896||$40,551||9.3 years|
|16 kW||$2.39||$26,741||$46,913||9.1 years|
|18 kW||$2.34||$29,444||$53,417||8.9 years|
|20 kW||$2.29||$32,004||$60,063||8.7 years|
How to Save on Solar Panels
The solar company you choose will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, such as:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: The model of solar panel you want plays a role in which company you should choose, since different companies offer different panels.
EcoWatch's Huntersville, NC Solar Cost FAQs
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.