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Top Solar Installers in Waxhaw
Many homeowners opt for a solar installer since trying to put up solar panels yourself can be a lot of work. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
If you'd like to start using solar energy but still aren't sure which solar panel company to go with, here are our suggestions for providers in Waxhaw:
See all of the solar companies in Waxhaw
Factors that Affect Solar Panel Costs in Waxhaw
While the average cost of solar panels in Waxhaw is $12,055, your final cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment Size
The size of the solar energy system you need for your home is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,540. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Waxhaw, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Waxhaw to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to higher prices over time due to interest. You'll have to consider the long-term cost of financing options, 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 original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar company you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies in Waxhaw, and each can charge different amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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||$18,548||9.4 years|
|8 kW||$2.59||$14,508||$25,016||9.2 years|
|10 kW||$2.54||$17,780||$31,625||9.0 years|
|12 kW||$2.49||$20,909||$38,377||8.8 years|
|14 kW||$2.44||$23,896||$45,271||8.6 years|
|16 kW||$2.39||$26,741||$52,307||8.5 years|
|18 kW||$2.34||$29,444||$59,485||8.3 years|
|20 kW||$2.29||$32,004||$66,806||8.1 years|
Solar Incentives in Waxhaw
|Name||Local Option - Financing Program for Renewable Energy and Energy Efficiency|
|More Info||Click here|
|Name||Property Tax Abatement for Solar Electric Systems|
|Incentive Amount|| Residential systems: 100% of the appraised value |
All other systems: 80% of the appraised value
|More Info||Click here|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- 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.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
EcoWatch's Waxhaw, 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.