Solar Panel Cost Guide in Mocksville, NC (2024 Update)
- Mocksville Solar Installation Cost: $17,007
- 25-Year Savings: $21,519
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Mocksville
Find out what the average cost of installing solar panels is in Mocksville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mocksville, the typical cost of solar panels is 4 per watt.Because a 6.9-kW system is needed to cover the energy consumption of a typical home in Mocksville, the average price of going solar will be about $17,007 after claiming the federal solar tax credit of 0.
The true price you pay can go above or below the average in Mocksville depending on a few factors, such as the kind of solar panels you choose and the solar installer you hire.Many homeowners find going solar is a sound investment. The average homeowner in Mocksville can save about $19,000 on their power bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a customized estimate.
Solar savings over time in Mocksville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,685 |
| 3 years | $-13,041 |
| 5 years | $-10,397 |
| 7 years | $-7,752 |
| 9 years | $-5,108 |
| 11 years | $-2,464 |
| 13 years | $180 |
| 15 years | $2,825 |
| 17 years | $5,469 |
| 19 years | $8,113 |
| 21 years | $10,757 |
| 23 years | $13,402 |
| 25 years | $16,046 |
Top Solar Installers in Mocksville
Many homeowners opt for a solar installer since installing solar panels on your own can be a lot of work. Also, if you’d like to maximize your investment in solar energy, going with a solar installer can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in Mocksville
Factors that Affect Solar Panel Costs in Mocksville
For many Mocksville homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Mocksville, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar 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 important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Mocksville average.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular option because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Mocksville, you’ll have many options to choose from, but each comes at various price points for labor and equipment.The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $13,989 | 13.1 years |
| 8 kW | $3.58 | $20,049 | $19,046 | 12.8 years |
| 10 kW | $3.51 | $24,570 | $24,298 | 12.6 years |
| 12 kW | $3.44 | $28,894 | $29,748 | 12.3 years |
| 14 kW | $3.37 | $33,022 | $35,394 | 12.1 years |
| 16 kW | $3.30 | $36,953 | $41,236 | 11.8 years |
| 18 kW | $3.23 | $40,688 | $47,275 | 11.6 years |
| 20 kW | $3.16 | $44,226 | $53,511 | 11.3 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer’s reputation is by reading reviews.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's Mocksville, NC Solar Cost FAQs
How much does it cost to install solar panels in Mocksville?
The average cost of solar panels in Mocksville is about $17,550 for a 5-kW system and $35,100 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mocksville?
You can’t get solar panels for free in Mocksville. 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.
Can solar panels eliminate my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Mocksville, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.