Solar Panel Cost Guide in Walkertown, NC (Feb 2023)

  • Walkertown Solar Installation Cost: $12,393
  • 25-Year Savings: $17,849
  • Payback Period: 10.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Walkertown

We break down average solar pricing in Walkertown.

The national average cost of solar panels is $2.66 per watt, but in Walkertown it's $3 per watt. To account for the typical energy usage of the average home in Walkertown, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs about $12,393, or $9,171 after the federal solar tax credit of 30% is applied.

The true cost of your system can go higher or lower than the average in Walkertown depending on several factors, such as the brand of solar panels you choose and the solar company you hire. Many homeowners find going solar is a rewarding investment. The average homeowner in Walkertown can save about $16,000 on their energy bills over 20 years.

You can click the button below to get connected with a pre-vetted solar company in Walkertown for a quote for your home.

Solar savings over time in Walkertown

Year Return on Investment
1 years $-11,183
3 years $-8,764
5 years $-6,344
7 years $-3,925
9 years $-1,506
11 years $914
13 years $3,333
15 years $5,752
17 years $8,172
19 years $10,591
21 years $13,010
23 years $15,430
25 years $17,849

Top Solar Installers in Walkertown

Trying to install solar panels yourself can be a time-consuming task, which is why getting a solar installer is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.

You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5

  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

See all of the solar companies in Walkertown

Factors that Affect Solar Panel Costs in Walkertown

For many Walkertown homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Walkertown, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment

When it comes to estimating the price of solar panels in Walkertown, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by about $2,540 for each additional kilowatt you need. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Most solar companies in Walkertown provide solar loans, which reduce the initial cost of installing solar. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.

Solar Panel Installation Company

Finally, the company you hire to install your solar system can impact the cost. Walkertown's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant 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 $2.64 $11,095 $14,920 10.7 years
8 kW $2.59 $14,508 $20,178 10.5 years
10 kW $2.54 $17,780 $25,578 10.3 years
12 kW $2.49 $20,909 $31,121 10.0 years
14 kW $2.44 $23,896 $36,805 9.8 years
16 kW $2.39 $26,741 $42,632 9.6 years
18 kW $2.34 $29,444 $48,601 9.4 years
20 kW $2.29 $32,004 $54,713 9.2 years

How to Save on Solar Panels

There are a lot of companies available in Walkertown, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:

  • Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
  • Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
  • Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Outstanding Regional Installer

Renu Energy Solutions

★★★★★
4.5

  • Excellent reputation
  • Many financing options
  • Representatives are experts on local policies
  • No leases or PPAs

EcoWatch's Walkertown, NC Solar Cost FAQs

What is the average cost of installing solar panels in Walkertown?

The average cost of solar panels in Walkertown 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 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 aside from cost when buying solar panels?

Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Is switching to solar power worth it?

Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.

How long do solar panels last in Walkertown?

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 their energy production will have decreased significantly after that point. You can decide to replace them once you've had 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.

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