Solar Panel Cost Guide in Kill Devil Hills, NC (2023 Update)
- Kill Devil Hills Solar Installation Cost: $11,255
- 25-Year Savings: $21,636
- Payback Period: 8.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Kill Devil Hills
We go over average solar pricing in Kill Devil Hills.
The national average cost of solar panels is $2.66 per watt, but in Kill Devil Hills it's 2.54 per watt. Using this figure, a typical 6.3-kW system would cost about $11,255 before the 30% federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you may vary based on your specific situation and what company you go with. Many homeowners find installing a solar system is a solid investment. The average homeowner in Kill Devil Hills can save around $20,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar company in Kill Devil Hills that can help you get a more accurate cost estimate for your home.
Solar savings over time in Kill Devil Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-9,939 |
| 3 years | $-7,308 |
| 5 years | $-4,677 |
| 7 years | $-2,045 |
| 9 years | $586 |
| 11 years | $3,217 |
| 13 years | $5,848 |
| 15 years | $8,480 |
| 17 years | $11,111 |
| 19 years | $13,742 |
| 21 years | $16,373 |
| 23 years | $19,005 |
| 25 years | $21,636 |
Top Solar Installers in Kill Devil Hills
When switching to solar energy, many homeowners opt to hire a solar installation company since putting up solar panels yourself can be a time-consuming project. A solar company can also help save you money in the long run by offering warranties, repairs and system component replacements.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Kill Devil Hills
Factors that Affect Solar Panel Costs in Kill Devil Hills
For many Kill Devil Hills homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Kill Devil Hills, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,540. There are a lot of different solar panel brands and the one you choose also affects the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Kill Devil Hills to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in higher prices over time due to interest. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Kill Devil Hills, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that has the products, warranties and services you're looking for and also is within your budget.
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 | $20,060 | 8.9 years |
| 8 kW | $2.59 | $14,508 | $27,031 | 8.7 years |
| 10 kW | $2.54 | $17,780 | $34,144 | 8.6 years |
| 12 kW | $2.49 | $20,909 | $41,400 | 8.4 years |
| 14 kW | $2.44 | $23,896 | $48,798 | 8.2 years |
| 16 kW | $2.39 | $26,741 | $56,338 | 8.0 years |
| 18 kW | $2.34 | $29,444 | $64,020 | 7.9 years |
| 20 kW | $2.29 | $32,004 | $71,845 | 7.7 years |
How to Save on Solar Panels
The solar panel company you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Contract: Even though reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
- Installation Process: Make sure you're on the same page with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Kill Devil Hills, NC Solar Cost FAQs
What is the average cost of installing solar panels in Kill Devil Hills?
The average cost of solar panels in Kill Devil Hills 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 model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Kill Devil Hills?
A solar panel system isn't free in Kill Devil Hills, 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 can help lower the cost.
Does Kill Devil Hills have a net metering program?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 are completely unusable at that time. What this means is their energy production 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.
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.