Solar Panel Cost Guide in Landis, NC (Jan 2023)
- Landis Solar Installation Cost: $12,215
- 25-Year Savings: $17,686
- Payback Period: 10.2 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Landis
Find out what the average cost of solar panel installation is in Landis.
The national average cost of solar panels is $2.66 per watt, but in Landis it's $3 per watt. The average solar panel system size in Landis is around 6.9 kilowatts, meaning a cost of about $12,215 for a solar installation, or $9,039 after the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary depending on multiple factors, such as what size system you need, your energy consumption and what installation company you go with. With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Landis find installing solar panels has a decent ROI.
To get a free estimate from a pre-vetted solar installer in Landis, you can click the button below.
Solar savings over time in Landis
| Year | Return on Investment |
|---|---|
| 1 years | $-11,019 |
| 3 years | $-8,627 |
| 5 years | $-6,235 |
| 7 years | $-3,843 |
| 9 years | $-1,450 |
| 11 years | $942 |
| 13 years | $3,334 |
| 15 years | $5,726 |
| 17 years | $8,118 |
| 19 years | $10,510 |
| 21 years | $12,902 |
| 23 years | $15,294 |
| 25 years | $17,686 |
Top Solar Installers in Landis
Installing solar panels yourself can be a difficult task, which is why getting a solar installer is a good option for many homeowners. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
Working with a professional solar company 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 Landis
Factors that Affect Solar Panel Costs in Landis
The cost of installing a solar system in Landis can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Landis, 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 gauge by looking at past electricity bills. Your total cost can increase by around $2,540 for each additional kilowatt you need. There are several different solar panel brands and the one you pick also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far 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 Landis to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. However, the interest on solar loans also increases your all-in costs, so it's vital to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Landis, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $2.64 | $11,095 | $15,018 | 10.6 years |
| 8 kW | $2.59 | $14,508 | $20,308 | 10.4 years |
| 10 kW | $2.54 | $17,780 | $25,741 | 10.2 years |
| 12 kW | $2.49 | $20,909 | $31,316 | 10.0 years |
| 14 kW | $2.44 | $23,896 | $37,033 | 9.8 years |
| 16 kW | $2.39 | $26,741 | $42,893 | 9.6 years |
| 18 kW | $2.34 | $29,444 | $48,894 | 9.4 years |
| 20 kW | $2.29 | $32,004 | $55,038 | 9.2 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:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
- Solar Panel Brands: The type of solar panel you'd like to get plays a part in which installer you should opt for, since different companies provide different panels.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
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 Landis, NC Solar Cost FAQs
What is the average cost of installing solar panels in Landis?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $12,700 for a 5-kW system and $25,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Landis?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
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.