Solar Panel Cost Guide in Roanoke Rapids, NC (2025 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.
The average cost of solar panels in Roanoke Rapids is 4 per watt.To account for the typical energy needs of the average home in Roanoke Rapids, most homeowners require a 7.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,351, or $24,812 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy needs, the type of equipment you want, your solar contractor and more.But, after you've paid the initial cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar company in Roanoke Rapids for a quote for your home.
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
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of a solar panel installer can make switching to solar power much easier. Another upside of going with a solar company is that they can help you optimize your investment by bringing down your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 depends on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need for your household, 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 nearly $3,510. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Roanoke Rapids average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Roanoke Rapids homeowners choose to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also increases your total costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating in Roanoke Rapids, and each can charge different amounts for labor and equipment.The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Roanoke Rapids, NC Solar Cost FAQs
What is the average cost of installing 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 real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
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 get 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.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $977.45 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.