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
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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:
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.
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.
EcoWatch's Walkertown, NC Solar Cost FAQs
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.