Solar Panel Cost Guide in Long View, NC (Mar 2023)
- Long View Solar Installation Cost: $12,268
- 25-Year Savings: $19,858
- Payback Period: 9.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Long View
Find out what the average cost of a solar system is in Long View.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Long View, the typical cost of solar panels is 2.54 per watt. The average Long View homeowner needs a 6.9-kilowatt system, which would cost about $12,268 with the federal tax credit, or $17,543 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what solar installer you go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Long View can save about $18,000 on their electricity bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Long View
| Year | Return on Investment |
|---|---|
| 1 years | $-10,983 |
| 3 years | $-8,413 |
| 5 years | $-5,843 |
| 7 years | $-3,273 |
| 9 years | $-703 |
| 11 years | $1,867 |
| 13 years | $4,437 |
| 15 years | $7,008 |
| 17 years | $9,578 |
| 19 years | $12,148 |
| 21 years | $14,718 |
| 23 years | $17,288 |
| 25 years | $19,858 |
Top Solar Installers in Long View
Many homeowners opt for a solar installer since figuring out how to install solar panels by yourself can be a lot of work. Local solar companies can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.
If you'd like to switch to solar energy but still aren't certain which solar panel company to go with, here are our suggestions for providers in Long View:
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 Long View
Factors that Affect Solar Panel Costs in Long View
The cost of installing a solar system in Long View can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,540. There are a lot of different solar panel brands and the one you choose also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Long View, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your overall costs, so it's vital to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Long View is the company you choose to install your PV system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that offer a range of services for different budgets. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $16,840 | 9.9 years |
| 8 kW | $2.59 | $14,508 | $22,737 | 9.7 years |
| 10 kW | $2.54 | $17,780 | $28,777 | 9.5 years |
| 12 kW | $2.49 | $20,909 | $34,959 | 9.4 years |
| 14 kW | $2.44 | $23,896 | $41,284 | 9.2 years |
| 16 kW | $2.39 | $26,741 | $47,750 | 9.0 years |
| 18 kW | $2.34 | $29,444 | $54,359 | 8.8 years |
| 20 kW | $2.29 | $32,004 | $61,110 | 8.6 years |
How to Save on Solar Panels
There are a large number of companies available in Long View, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Contract: When looking through your solar installer's contract, ask for clarification 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.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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 Long View, NC Solar Cost FAQs
How much does it cost to install solar panels in Long View?
This is a difficult question to answer exactly, because the cost depends on many 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 cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Long View?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How will installing solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Long View is currently $153,223, so you can expect a value of about $6,282 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Long View is a rewarding investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.