Solar Panel Cost Guide in Piney Green, NC (2024 Update)

  • Piney Green Solar Installation Cost: $16,335
  • 25-Year Savings: $20,151
  • Payback Period: 12.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated June 24, 2024

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 Piney Green

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

Currently, the national average cost of solar panels is $2.66 per watt. However, in Piney Green, the average cost of a solar system is 4 per watt.The average Piney Green homeowner needs a 6.6-kilowatt system, which would cost about $16,335 with the federal tax credit, or $23,359 before the 0 tax credit is applied.

The actual price you pay can go above or below the average in Piney Green based on several factors, such as the type of solar panels you choose and the solar contractor you hire.Many homeowners find adopting solar power is a solid investment. The average homeowner in Piney Green can save about $18,000 on their electricity bills over 20 years.

For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Piney Green

YearReturn on Investment
1 years$-14,864
3 years$-11,922
5 years$-8,980
7 years$-6,038
9 years$-3,095
11 years$-153
13 years$2,789
15 years$5,731
17 years$8,673
19 years$11,616
21 years$14,558
23 years$17,500
25 years$20,442

Top Solar Installers in Piney Green

Although you can install solar panels by yourself, it involves extra labor and knowledge. For that reason, almost all homeowners choose to hire a solar panel installer. Local solar installers can also help you optimize your return on investment by assisting with any local incentives and by offering warranties and repairs.

If you’d like to start using solar energy but still aren’t sure which solar system company to go with, here are our suggestions for providers nearby:

Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5
  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

Best Technology

Tesla Energy

★★★★★
3.2
  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Piney Green

Factors that Affect Solar Panel Costs in Piney Green

There are several factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment

The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,510. The type of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Piney Green, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.

Solar Panel Installation Company

Finally, the company you hire to install your solar panel system can play a part in determining how much you pay. Piney Green’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that has the products, warranties and services you want and also fits within your budget.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.65$15,332$13,52213.3 years
8 kW$3.58$20,049$18,42213.0 years
10 kW$3.51$24,570$23,51912.8 years
12 kW$3.44$28,894$28,81312.5 years
14 kW$3.37$33,022$34,30312.3 years
16 kW$3.30$36,953$39,98912.0 years
18 kW$3.23$40,688$45,87311.8 years
20 kW$3.16$44,226$51,95211.5 years

How to Save on Solar Panels

There are a lot of companies to choose from in Piney Green, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Contract: When reading over your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
  • Solar Panel Brands: Different companies offer different brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
  • Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
  • Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.

Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5
  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

Best Technology

Tesla Energy

★★★★★
3.2
  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Piney Green, NC Solar Cost FAQs

How much does it cost to install solar panels in Piney Green?

This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,550 for a 5-kW system and $35,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Are solar panels free in Piney Green?

You can’t get solar panels for free in Piney Green. 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.

Is it worth going solar in Piney Green?

Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.

How long do solar panels last in Piney Green?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.

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.