Solar Panel Cost Guide in Piney Green, NC (Dec 2022)

  • Piney Green Solar Installation Cost: $11,824
  • 25-Year Savings: $20,148
  • Payback Period: 9.2 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Piney Green

Let's have a look at the average cost of solar panels in Piney Green.

The average cost of a solar system in Piney Green is $3 per watt. The average Piney Green homeowner needs a 6.7-kilowatt system, which would cost about $11,824, or $8,750 after the federal solar tax credit of 30% is applied.

These figures are only estimates, and how much solar costs for you will look different based on factors unique to your home and what company you want to go with. For most homeowners, the upfront cost of solar power is worth paying. On average Piney Green homeowners see about $18,000 in savings on electricity bills over 20 years.

You can click the button below to get connected with a pre-vetted solar company in Piney Green that can help you get a more accurate cost estimate for your home.

Solar savings over time in Piney Green

Year Return on Investment
1 years $-10,545
3 years $-7,987
5 years $-5,429
7 years $-2,872
9 years $-314
11 years $2,244
13 years $4,802
15 years $7,360
17 years $9,917
19 years $12,475
21 years $15,033
23 years $17,591
25 years $20,148

Top Solar Installers in Piney Green

When going solar, many homeowners choose to hire a solar company since installing a solar system yourself can be a difficult project. Plus, if you're not certain what type of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.

If you'd like to make the switch to solar but still aren't sure which solar system company to go with, here are our recommendations for providers in Piney Green:

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 Piney Green

Factors that Affect Solar Panel Costs in Piney Green

For many Piney Green homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Piney Green, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $2,540 per kilowatt in Piney Green. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Piney Green, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in Piney Green, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.

Solar Panel Installation Company

The solar installation company you select will influence your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials 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 $17,759 9.6 years
8 kW $2.59 $14,508 $23,963 9.4 years
10 kW $2.54 $17,780 $30,309 9.2 years
12 kW $2.49 $20,909 $36,798 9.1 years
14 kW $2.44 $23,896 $43,429 8.9 years
16 kW $2.39 $26,741 $50,202 8.7 years
18 kW $2.34 $29,444 $57,117 8.5 years
20 kW $2.29 $32,004 $64,174 8.3 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:

  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
  • Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
  • Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • 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.

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 Piney Green, NC Solar Cost FAQs

What is the average cost of installing solar panels in Piney Green?

The average cost of solar panels in Piney Green is about $12,700 for a 5-kW system and $25,400 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.

Is cost the most important consideration when buying solar panels?

The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.

How will having solar panels impact my home value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Piney Green is currently $154,054, so you can look forward to a value of about $6,316 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Piney Green is a rewarding investment.

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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.

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