Solar Panel Cost Guide in Pleasant Garden, NC (Mar 2023)
- Pleasant Garden Solar Installation Cost: $12,393
- 25-Year Savings: $19,841
- Payback Period: 9.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Pleasant Garden
Find out what the average cost of installing solar panels is in Pleasant Garden.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pleasant Garden, the typical cost of a solar system is 2.54 per watt. To cover the typical energy needs of the average home in Pleasant Garden, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs about $12,393, or $17,722 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and the cost of going solar for you will most likely differ based on the amount of energy your home requires and what company you choose to go with. But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $18,000 over 20 years on utility bills.
Click the button below to get connected to a vetted solar panel company in Pleasant Garden for a personalized estimate.
Solar savings over time in Pleasant Garden
| Year | Return on Investment |
|---|---|
| 1 years | $-11,103 |
| 3 years | $-8,525 |
| 5 years | $-5,946 |
| 7 years | $-3,367 |
| 9 years | $-788 |
| 11 years | $1,790 |
| 13 years | $4,369 |
| 15 years | $6,948 |
| 17 years | $9,526 |
| 19 years | $12,105 |
| 21 years | $14,684 |
| 23 years | $17,263 |
| 25 years | $19,841 |
Top Solar Installers in Pleasant Garden
Trying to install solar panels on your own can be a difficult task, which is why using a solar installer is a good option for many homeowners. A solar company can also help save you money over time by offering warranties, repairs and system component replacements.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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 Pleasant Garden
Factors that Affect Solar Panel Costs in Pleasant Garden
The cost of installing a solar system in Pleasant Garden can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $2,540 per kilowatt in Pleasant Garden. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose 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, higher efficiency could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bump up your total well above the Pleasant Garden average.
Solar Financing Terms
Many homeowners find the average cost of solar in Pleasant Garden to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Pleasant Garden, and each can charge different amounts for labor and 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 with an above-average cost. It's best to do some research and decide on the company that provides the products, warranties and services you want and also fits within your budget.
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 | $16,648 | 10.0 years |
| 8 kW | $2.59 | $14,508 | $22,482 | 9.8 years |
| 10 kW | $2.54 | $17,780 | $28,459 | 9.6 years |
| 12 kW | $2.49 | $20,909 | $34,577 | 9.4 years |
| 14 kW | $2.44 | $23,896 | $40,838 | 9.2 years |
| 16 kW | $2.39 | $26,741 | $47,241 | 9.0 years |
| 18 kW | $2.34 | $29,444 | $53,786 | 8.8 years |
| 20 kW | $2.29 | $32,004 | $60,473 | 8.7 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Although reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
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 Pleasant Garden, NC Solar Cost FAQs
How much does it cost to install solar panels in Pleasant Garden?
This is a hard question to answer precisely, because the cost depends on a few different 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 additional solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Pleasant Garden?
You can't get solar panels for free in Pleasant Garden. 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 want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Pleasant Garden?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 account for 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.