Solar Panel Cost Guide in Kings Grant, NC (Dec 2022)

  • Kings Grant Solar Installation Cost: $11,326
  • 25-Year Savings: $18,619
  • Payback Period: 9.5 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Kings Grant

Find out what the average cost of solar panel installation is in Kings Grant.

Although the national average of solar panels is $2.66 per watt, solar panels in Kings Grant typically cost around $3. To account for the typical energy usage of the average home in Kings Grant, most homeowners require a 6.4-kilowatt system. Using the figure above, a solar installation costs about $11,326, or $8,381 after the federal solar tax credit of 30% is applied.

These figures are just averages, and how much solar costs for you may differ based on the amount of energy your home requires and what company you go with. For many homeowners, the upfront cost of solar power is worth paying. On average homeowners in Kings Grant see about $18,000 in savings on energy bills over 20 years.

To receive a free estimate from a pre-vetted solar installer in Kings Grant, you can click the button below.

Solar savings over time in Kings Grant

Year Return on Investment
1 years $-10,128
3 years $-7,733
5 years $-5,337
7 years $-2,941
9 years $-546
11 years $1,850
13 years $4,245
15 years $6,641
17 years $9,036
19 years $11,432
21 years $13,828
23 years $16,223
25 years $18,619

Top Solar Installers in Kings Grant

When going solar, many homeowners prefer to go with a solar installation company since putting up solar panels yourself can be a difficult project. Another great thing about going with a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.

If you're searching for a solar installer in Kings Grant, the EcoWatch team has organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5

  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

See all of the solar companies in Kings Grant

Factors that Affect Solar Panel Costs in Kings Grant

Though the average cost of a solar system in Kings Grant is $11,326, your final cost may be above or below the average. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.

Solar Equipment

The size of the solar energy system you need for your home, 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. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. In addition, extra products, such as solar batteries, can bump up your total well above the Kings Grant average.

Solar Financing Terms

Most solar installers in Kings Grant provide solar loans, which reduce the initial cost of installing a solar system. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.

Solar Panel Installation Company

The solar company you choose to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies in Kings Grant, and each can charge different amounts for labor and equipment. The company's size can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.

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 $17,103 9.8 years
8 kW $2.59 $14,508 $23,088 9.6 years
10 kW $2.54 $17,780 $29,215 9.5 years
12 kW $2.49 $20,909 $35,485 9.3 years
14 kW $2.44 $23,896 $41,897 9.1 years
16 kW $2.39 $26,741 $48,452 8.9 years
18 kW $2.34 $29,444 $55,148 8.7 years
20 kW $2.29 $32,004 $61,987 8.5 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Different companies will have different brands and types of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
  • Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
  • Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
  • Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5

  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

EcoWatch's Kings Grant, NC Solar Cost FAQs

What is the average cost of installing solar panels in Kings Grant?

The average cost of solar panels in Kings Grant is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Kings Grant?

You can't get solar panels for free in Kings Grant. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.

Does Kings Grant have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.

How long do solar panels last in Kings Grant?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.

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.

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