Solar Panel Cost Guide in King, NC (2025 Update)
- King Solar Installation Cost: $17,171
- 25-Year Savings: $21,636
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in King
Find out what the average cost of a solar system is in King.
The average cost of a solar system in King is 4 per watt.To cover the typical energy usage of the average home in King, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs around $17,171, or $24,555 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what company you go with.But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on energy bills.
To get a free estimate from a vetted solar installation company in King, you can click the button below.
Solar savings over time in King
| Year | Return on Investment |
|---|---|
| 1 years | $-15,849 |
| 3 years | $-13,205 |
| 5 years | $-10,561 |
| 7 years | $-7,916 |
| 9 years | $-5,272 |
| 11 years | $-2,628 |
| 13 years | $16 |
| 15 years | $2,661 |
| 17 years | $5,305 |
| 19 years | $7,949 |
| 21 years | $10,593 |
| 23 years | $13,238 |
| 25 years | $15,882 |
Top Solar Installers in King
Many homeowners opt for a solar panel company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Plus, if you’re not certain what kind of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
If you’d like to start using solar energy but still aren’t sure which solar company to go with, here are our recommendations for providers near you:
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 King
Factors that Affect Solar Panel Costs in King
Although the average cost of a solar system in King is $17,171, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the King average.
Solar Financing Terms
Most solar installers in King provide solar loans, which reduce the initial cost of installing solar panels.Although solar loans make adopting solar energy more accessible for King homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can play a part in determining how much it costs. King’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 promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $3.65 | $15,332 | $13,911 | 13.1 years |
| 8 kW | $3.58 | $20,049 | $18,941 | 12.9 years |
| 10 kW | $3.51 | $24,570 | $24,168 | 12.6 years |
| 12 kW | $3.44 | $28,894 | $29,591 | 12.4 years |
| 14 kW | $3.37 | $33,022 | $35,211 | 12.1 years |
| 16 kW | $3.30 | $36,953 | $41,028 | 11.8 years |
| 18 kW | $3.23 | $40,688 | $47,041 | 11.6 years |
| 20 kW | $3.16 | $44,226 | $53,250 | 11.3 years |
How to Save on Solar Panels
There are many companies available in King, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the completion timeline.
- 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.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's King, NC Solar Cost FAQs
How much does it cost to install solar panels in King?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,550 for a 5-kW system and $35,100 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in King?
You can’t get solar panels for free in King. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in King is currently $249,855, which means you can look forward to a value of about $10,244 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in King is a fruitful investment.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires 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 household 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.