Solar Panel Cost Guide in Roxboro, NC (2025 Update)
- Roxboro Solar Installation Cost: $17,259
- 25-Year Savings: $21,601
- Payback Period: 12.7 Years
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Average Cost of Solar Panels in Roxboro
Find out what the average cost of installing solar panels is in Roxboro.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Roxboro, the average cost of solar panels is 4 per watt.Since a 7.0-kW system is needed to cover the energy costs of a typical home in Roxboro, the average price of going solar will be about $17,259 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of equipment you choose, your solar contractor and more.For most homeowners, the upfront investment in solar panels is worth paying. On average Roxboro homeowners see about $18,000 in savings on electricity bills over 20 years.
To get a free quote from a top solar company in Roxboro, you can click the button below.
Solar savings over time in Roxboro
Year | Return on Investment |
---|---|
1 years | $-15,788 |
3 years | $-12,846 |
5 years | $-9,904 |
7 years | $-6,961 |
9 years | $-4,019 |
11 years | $-1,077 |
13 years | $1,865 |
15 years | $4,807 |
17 years | $7,750 |
19 years | $10,692 |
21 years | $13,634 |
23 years | $16,576 |
25 years | $19,518 |
Top Solar Installers in Roxboro
Trying to put up solar panels on your own can be a time-consuming project, which is why getting a solar installation company is a good option for many homeowners. Some solar installers, especially local ones, can help you make the most of incentives in Roxboro, therefore optimizing your ROI.
Working with a vetted solar installer 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
See all of the solar companies in Roxboro
Factors that Affect Solar Panel Costs in Roxboro
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Roxboro: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,510. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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, more efficient panels could save you more over time on your energy bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Roxboro average.
Solar Financing Terms
Many homeowners find the average cost of solar in Roxboro to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.You’ll have to consider the long-term cost of financing options, including the amount of 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 securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Roxboro, and each can charge different amounts for labor and equipment.The size of the company sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion 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 | $13,787 | 13.2 years |
8 kW | $3.58 | $20,049 | $18,775 | 12.9 years |
10 kW | $3.51 | $24,570 | $23,960 | 12.7 years |
12 kW | $3.44 | $28,894 | $29,342 | 12.4 years |
14 kW | $3.37 | $33,022 | $34,920 | 12.2 years |
16 kW | $3.30 | $36,953 | $40,695 | 11.9 years |
18 kW | $3.23 | $40,688 | $46,667 | 11.6 years |
20 kW | $3.16 | $44,226 | $52,835 | 11.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely offer quality solar panel installation and expertise.
- Contract: When looking over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Roxboro, NC Solar Cost FAQs
What is the average cost of installing solar panels in Roxboro?
The average cost of solar panels in Roxboro 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 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 your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How much can I save on electricity bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Roxboro, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.