Solar Panel Cost Guide in Roanoke Rapids, NC (2024 Update)
- Roanoke Rapids Solar Installation Cost: $17,351
- 25-Year Savings: $21,958
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Roanoke Rapids
Let’s take a look at the average cost of solar in Roanoke Rapids.
In Roanoke Rapids, solar panels cost about 4 per watt on average.The average solar panel system size in Roanoke Rapids is around 7.1 kilowatts, meaning a cost of about $17,351 for a solar installation, or $24,812 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of equipment you want, your solar contractor and more.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Roanoke Rapids can save around $19,000 on their electricity bills over 20 years.
To get a free quote from a vetted solar installer in Roanoke Rapids, you can click the button below.
Solar savings over time in Roanoke Rapids
| Year | Return on Investment |
|---|---|
| 1 years | $-15,880 |
| 3 years | $-12,938 |
| 5 years | $-9,996 |
| 7 years | $-7,053 |
| 9 years | $-4,111 |
| 11 years | $-1,169 |
| 13 years | $1,773 |
| 15 years | $4,715 |
| 17 years | $7,658 |
| 19 years | $10,600 |
| 21 years | $13,542 |
| 23 years | $16,484 |
| 25 years | $19,426 |
Top Solar Installers in Roanoke Rapids
Many homeowners opt for a solar installer since trying to install solar panels on your own can be hard. Some solar installers, particularly local ones, can help you take advantage of incentives in Roanoke Rapids, thereby optimizing your ROI.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some nearby:
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 Roanoke Rapids
Factors that Affect Solar Panel Costs in Roanoke Rapids
The cost of installing a solar system in Roanoke Rapids can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Roanoke Rapids, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Roanoke Rapids offer solar loans, which reduce your upfront costs of installing solar panels.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’re only able to 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 finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar company you pick will affect your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — 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 go with the company that offers the products, warranties and services you’re looking for 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 | $3.65 | $15,332 | $13,992 | 13.1 years |
| 8 kW | $3.58 | $20,049 | $19,049 | 12.8 years |
| 10 kW | $3.51 | $24,570 | $24,303 | 12.6 years |
| 12 kW | $3.44 | $28,894 | $29,753 | 12.3 years |
| 14 kW | $3.37 | $33,022 | $35,400 | 12.1 years |
| 16 kW | $3.30 | $36,953 | $41,243 | 11.8 years |
| 18 kW | $3.23 | $40,688 | $47,283 | 11.6 years |
| 20 kW | $3.16 | $44,226 | $53,519 | 11.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The kind of solar panel you need to install plays a part in which company you should opt for, since different companies have access to different panels.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Roanoke Rapids, NC Solar Cost FAQs
How much does it cost to install solar panels in Roanoke Rapids?
The average cost of solar panels in Roanoke Rapids 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Roanoke Rapids?
You can’t get solar panels for free in Roanoke Rapids. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Roanoke Rapids, that will require at least a 10-kW system. Not all homes will have roofs that 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.
What solar power system size is right for 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 buy 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.