Solar Panel Cost Guide in Royal Pines, NC (2025 Update)
- Royal Pines Solar Installation Cost: $17,115
- 25-Year Savings: $20,854
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Royal Pines
See how much it might cost to go solar in Royal Pines.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Royal Pines, the average cost of a solar system is 4 per watt.The average solar panel system size in Royal Pines is around 7.0 kilowatts, meaning a cost of about $17,115 for a solar installation, or $24,474 before the 0 federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Royal Pines depending on a variety of factors, such as the brand of solar panels you choose and the solar company you hire.With average savings of about $18,000 on power bills over 20 years, many homeowners in Royal Pines find investing in solar can be quite rewarding.
You can click the button below to get connected with a vetted solar company in Royal Pines that can help you get a more accurate cost estimate for your home.
Solar savings over time in Royal Pines
Year | Return on Investment |
---|---|
1 years | $-15,644 |
3 years | $-12,702 |
5 years | $-9,759 |
7 years | $-6,817 |
9 years | $-3,875 |
11 years | $-933 |
13 years | $2,009 |
15 years | $4,951 |
17 years | $7,894 |
19 years | $10,836 |
21 years | $13,778 |
23 years | $16,720 |
25 years | $19,662 |
Top Solar Installers in Royal Pines
Putting up solar panels by yourself can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Another good thing about using a top solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
There are several licensed solar professionals that can take care of your solar installation project. 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 Royal Pines
Factors that Affect Solar Panel Costs in Royal Pines
The cost of installing a solar system in Royal Pines can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, 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 adopting solar energy 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 pay about $3,510 per kilowatt in Royal Pines.The type 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. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Royal Pines average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Royal Pines, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.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 more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Royal Pines, and each can charge varying amounts for labor and equipment.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $13,298 | 13.4 years |
8 kW | $3.58 | $20,049 | $18,124 | 13.1 years |
10 kW | $3.51 | $24,570 | $23,147 | 12.9 years |
12 kW | $3.44 | $28,894 | $28,366 | 12.6 years |
14 kW | $3.37 | $33,022 | $33,781 | 12.4 years |
16 kW | $3.30 | $36,953 | $39,393 | 12.1 years |
18 kW | $3.23 | $40,688 | $45,202 | 11.8 years |
20 kW | $3.16 | $44,226 | $51,207 | 11.6 years |
How to Save on Solar Panels
Since the kind 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:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Contract: Look through the contract terms thoroughly to make sure you understand the overall cost, completion timeline incentives and warranties.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Royal Pines, NC Solar Cost FAQs
What is the average cost of installing solar panels in Royal Pines?
The average cost of solar panels in Royal Pines 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 kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Royal Pines?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is going solar worth it?
Solar panels can be a beneficial 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.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.