Solar Panel Cost Guide in New Bern, NC (Feb 2023)

  • New Bern Solar Installation Cost: $12,144
  • 25-Year Savings: $20,026
  • Payback Period: 9.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in New Bern

Let's have a look at the average cost of solar panels in New Bern.

Although the national average of solar panels is $2.66 per watt, solar panels in New Bern generally cost about $3. To account for the typical energy needs of the average home in New Bern, most homeowners require a 6.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,144, or $8,987 after the federal solar tax credit of 30% is applied.

The true cost of your system can be above or below the average in New Bern based on a variety of factors, such as the kind of solar panels you choose and the solar company you hire. With typical savings of about $18,000 on electricity bills over 20 years, many homeowners in New Bern find investing in solar can pay off big.

You can click the button below to get connected with a top solar company in New Bern for a quote for your home.

Solar savings over time in New Bern

Year Return on Investment
1 years $-10,857
3 years $-8,283
5 years $-5,710
7 years $-3,136
9 years $-563
11 years $2,011
13 years $4,585
15 years $7,158
17 years $9,732
19 years $12,305
21 years $14,879
23 years $17,452
25 years $20,026

Top Solar Installers in New Bern

DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar company can make your switch to solar power much easier. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.

You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5

  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

See all of the solar companies in New Bern

Factors that Affect Solar Panel Costs in New Bern

Although the average cost of a solar system in New Bern is $12,144, your actual cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use better technology and/or more equipment, both of which can raise 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 changes the cost. Generally speaking, 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 just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar companies in New Bern provide solar loans, which reduce the initial cost of installing a solar system. While solar loans make going solar more accessible for New Bern homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The last major cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in New Bern, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.

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 $17,165 9.8 years
8 kW $2.59 $14,508 $23,171 9.6 years
10 kW $2.54 $17,780 $29,320 9.4 years
12 kW $2.49 $20,909 $35,611 9.2 years
14 kW $2.44 $23,896 $42,044 9.1 years
16 kW $2.39 $26,741 $48,619 8.9 years
18 kW $2.34 $29,444 $55,336 8.7 years
20 kW $2.29 $32,004 $62,196 8.5 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 select the right company for you, here are some tips to keep in mind:

  • Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
  • Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Solar Panel Brands: The model of solar panel you need plays a role in which company you should choose, since different companies provide different panels.
  • Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5

  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

EcoWatch's New Bern, NC Solar Cost FAQs

How much does it cost to install solar panels in New Bern?

The average cost of solar panels in New Bern is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in New Bern?

Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The downside 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 incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.

Is making the switch to solar worth it?

Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already pretty low, solar panels might not be for you.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.

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.

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