Solar Panel Cost Guide in Thomasville, NC (2025 Update)
- Thomasville Solar Installation Cost: $16,969
- 25-Year Savings: $18,388
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in Thomasville
Find out how much it might cost to install solar panels in Thomasville.
In Thomasville, solar panels cost about 4 per watt on average.Using this figure, a typical 6.9-kW system would cost about $16,969 before the 0 federal solar tax credit 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 consumption, the type of solar system you want to get, your solar contractor and more.Despite the large upfront cost, the average Thomasville homeowner can save around $17,000 on their power bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a top solar company in your area for a personalized quote.
Solar savings over time in Thomasville
Year | Return on Investment |
---|---|
1 years | $-15,647 |
3 years | $-13,002 |
5 years | $-10,358 |
7 years | $-7,714 |
9 years | $-5,070 |
11 years | $-2,425 |
13 years | $219 |
15 years | $2,863 |
17 years | $5,507 |
19 years | $8,152 |
21 years | $10,796 |
23 years | $13,440 |
25 years | $16,084 |
Top Solar Installers in Thomasville
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar company can make switching to solar power much easier. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
Working with a professional 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
See all of the solar companies in Thomasville
Factors that Affect Solar Panel Costs in Thomasville
The cost of installing a solar system in Thomasville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are an affordable route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you pick will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor.The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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 | $11,311 | 14.4 years |
8 kW | $3.58 | $20,049 | $15,475 | 14.1 years |
10 kW | $3.51 | $24,570 | $19,835 | 13.8 years |
12 kW | $3.44 | $28,894 | $24,391 | 13.6 years |
14 kW | $3.37 | $33,022 | $29,144 | 13.3 years |
16 kW | $3.30 | $36,953 | $34,094 | 13.0 years |
18 kW | $3.23 | $40,688 | $39,241 | 12.7 years |
20 kW | $3.16 | $44,226 | $44,583 | 12.4 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose significantly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project timeline.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before you sign a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Thomasville, NC Solar Cost FAQs
What is the average cost of installing solar panels in Thomasville?
The average cost of solar panels in Thomasville 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 things such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Thomasville?
You can’t get solar panels for free in Thomasville. 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.
Is switching to solar power worth it?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.