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Top Solar Installers in Lillington
Many homeowners choose to use a solar installation company since installing solar panels on your own can be challenging. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
If you're searching for a solar installer in Lillington, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in Lillington
Factors that Affect Solar Panel Costs in Lillington
The cost of installing a solar system in Lillington can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
When it comes to estimating the cost of solar panels in Lillington, 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 energy bills. Your total cost can increase by about $2,540 for each additional kilowatt you need. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Lillington homeowners opt to finance their solar panel systems to make paying for solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
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 Lillington, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Lillington are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. 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||$18,518||9.4 years|
|8 kW||$2.59||$14,508||$24,976||9.2 years|
|10 kW||$2.54||$17,780||$31,575||9.0 years|
|12 kW||$2.49||$20,909||$38,317||8.8 years|
|14 kW||$2.44||$23,896||$45,201||8.6 years|
|16 kW||$2.39||$26,741||$52,227||8.5 years|
|18 kW||$2.34||$29,444||$59,395||8.3 years|
|20 kW||$2.29||$32,004||$66,706||8.1 years|
How to Save on Solar Panels
There are a large number of companies available in Lillington, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: Although reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Different companies have different brands and types of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
EcoWatch's Lillington, 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.