Solar Panel Cost Guide in Kings Mountain, NC (2024 Update)
- Kings Mountain Solar Installation Cost: $16,727
- 25-Year Savings: $19,291
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Kings Mountain
We go over average solar pricing in Kings Mountain.
The national average cost of solar panels is $2.66 per watt, but in Kings Mountain it’s 4 per watt.To cover the typical energy needs of the average home in Kings Mountain, most homeowners require a 6.8-kilowatt system. Using the figure above, a solar installation costs about $16,727, or $23,920 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Kings Mountain homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Kings Mountain can save about $18,000 on their power bills over 20 years.
Click the button below to get connected to a reputable solar installer in Kings Mountain for a custom quote.
Solar savings over time in Kings Mountain
| Year | Return on Investment |
|---|---|
| 1 years | $-15,405 |
| 3 years | $-12,761 |
| 5 years | $-10,117 |
| 7 years | $-7,473 |
| 9 years | $-4,828 |
| 11 years | $-2,184 |
| 13 years | $460 |
| 15 years | $3,104 |
| 17 years | $5,749 |
| 19 years | $8,393 |
| 21 years | $11,037 |
| 23 years | $13,681 |
| 25 years | $16,326 |
Top Solar Installers in Kings Mountain
Although you can install solar panels yourself, it requires extra labor and handiness. For that reason, most people choose a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you choose which one will be best for your home.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Kings Mountain
Factors that Affect Solar Panel Costs in Kings Mountain
Even though the average cost of a solar system in Kings Mountain is $16,727, your actual cost may differ. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
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 crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The kind of solar panels and equipment you get is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions about 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 Kings Mountain to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest.While solar loans make adopting solar energy more accessible for Kings Mountain homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Kings Mountain, and each can charge varying amounts for labor and equipment.Some companies 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 go with the company that has the products, warranties and services you want and also fit into 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 | $3.65 | $15,332 | $12,337 | 13.9 years |
| 8 kW | $3.58 | $20,049 | $16,843 | 13.6 years |
| 10 kW | $3.51 | $24,570 | $21,545 | 13.3 years |
| 12 kW | $3.44 | $28,894 | $26,444 | 13.1 years |
| 14 kW | $3.37 | $33,022 | $31,539 | 12.8 years |
| 16 kW | $3.30 | $36,953 | $36,831 | 12.5 years |
| 18 kW | $3.23 | $40,688 | $42,319 | 12.3 years |
| 20 kW | $3.16 | $44,226 | $48,004 | 12.0 years |
How to Save on Solar Panels
The company that does your solar panel 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:
- Contract: When looking through your solar installer’s contract, ask questions 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: The brand of solar panel you want to install plays a part in which installer you should choose, since different companies have access to different panels.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Kings Mountain, NC Solar Cost FAQs
How much does it cost to install solar panels in Kings Mountain?
The average cost of solar panels in Kings Mountain is about $17,550 for a 5-kW system and $35,100 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Kings Mountain?
You can’t get solar panels for free in Kings Mountain. 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 rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Kings Mountain?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Kings Mountain?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them once you've had 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.