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Top Solar Installers in Knightdale
Many homeowners opt for a solar panel company since installing solar panels yourself can be time-consuming. The expertise that solar installers provide can be valuable as well, particularly if you don't quite know what type of solar equipment would be right for your home.
If you'd like to go solar but still aren't sure which solar system installer to go with, here are our recommendations for providers near you:
See all of the solar companies in Knightdale
Factors that Affect Solar Panel Costs in Knightdale
For many Knightdale homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Knightdale, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
When it comes to estimating the cost of a solar panel system in Knightdale, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can figure out by looking at past power bills. Your total cost can increase by about $2,540 for each additional kilowatt you need. The brand of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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's in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Knightdale, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your all-in costs, so it's important to keep that in mind as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Knightdale, you'll have many options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Knightdale are more knowledgeable 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 help you save 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||$16,771||10.0 years|
|8 kW||$2.59||$14,508||$22,645||9.8 years|
|10 kW||$2.54||$17,780||$28,662||9.6 years|
|12 kW||$2.49||$20,909||$34,821||9.4 years|
|14 kW||$2.44||$23,896||$41,123||9.2 years|
|16 kW||$2.39||$26,741||$47,566||9.0 years|
|18 kW||$2.34||$29,444||$54,152||8.8 years|
|20 kW||$2.29||$32,004||$60,880||8.6 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Well-established companies likely have a good 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.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Contract: Look through the contract terms carefully to make sure you understand the total cost, completion timeline incentives and warranties.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Knightdale, 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.