Solar Panel Cost Guide in Rockfish, NC (Jan 2023)
- Rockfish Solar Installation Cost: $12,215
- 25-Year Savings: $20,995
- Payback Period: 9.2 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Rockfish
Let's have a look at the average cost of solar panels in Rockfish.
In Rockfish, solar panels cost about $3 per watt on average. The average Rockfish homeowner needs a 6.9-kilowatt system, which would cost about $12,215, or $9,039 after the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Rockfish homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the upfront cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $18,000 over 20 years on power bills.
Click the button below to get connected to a top solar company in your area for a custom estimate.
Solar savings over time in Rockfish
| Year | Return on Investment |
|---|---|
| 1 years | $-10,886 |
| 3 years | $-8,230 |
| 5 years | $-5,573 |
| 7 years | $-2,916 |
| 9 years | $-259 |
| 11 years | $2,398 |
| 13 years | $5,054 |
| 15 years | $7,711 |
| 17 years | $10,368 |
| 19 years | $13,025 |
| 21 years | $15,682 |
| 23 years | $18,339 |
| 25 years | $20,995 |
Top Solar Installers in Rockfish
Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be time-consuming. Plus, if you aren't sure what type of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
Working with a licensed solar company can help you make the most of your investment in solar. 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 Rockfish
Factors that Affect Solar Panel Costs in Rockfish
Though the average cost of a solar system in Rockfish is $12,215, your actual cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the cost of solar panels in Rockfish, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by around $2,540 for each additional kilowatt you need. There are many different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Rockfish homeowners choose to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies in Rockfish, and each can charge different amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $17,916 | 9.6 years |
| 8 kW | $2.59 | $14,508 | $24,172 | 9.4 years |
| 10 kW | $2.54 | $17,780 | $30,571 | 9.2 years |
| 12 kW | $2.49 | $20,909 | $37,112 | 9.0 years |
| 14 kW | $2.44 | $23,896 | $43,795 | 8.8 years |
| 16 kW | $2.39 | $26,741 | $50,620 | 8.6 years |
| 18 kW | $2.34 | $29,444 | $57,588 | 8.5 years |
| 20 kW | $2.29 | $32,004 | $64,697 | 8.3 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Rockfish, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: If you're concerned about the durability of your solar energy system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
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 Rockfish, NC Solar Cost FAQs
How much does it cost to install solar panels in Rockfish?
The average cost of solar panels in Rockfish is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the real 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.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is going solar worth it?
Solar panels can be a good investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can 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 install 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.