Solar Panel Cost Guide in Weddington, NC (2025 Update)
- Weddington Solar Installation Cost: $16,712
- 25-Year Savings: $19,982
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Weddington
Find out what the average cost of installing solar panels is in Weddington.
In Weddington, solar panels cost about 4 per watt on average.The average solar panel system size in Weddington is around 6.8 kilowatts, meaning a cost of about $16,712 for a solar installation, or $23,898 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of making the switch to solar can vary based on a few factors, such as how many panels you need, your energy usage and what company you go with.But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $18,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar company in Weddington for a quote for your home.
Solar savings over time in Weddington
Year | Return on Investment |
---|---|
1 years | $-15,390 |
3 years | $-12,746 |
5 years | $-10,102 |
7 years | $-7,457 |
9 years | $-4,813 |
11 years | $-2,169 |
13 years | $475 |
15 years | $3,120 |
17 years | $5,764 |
19 years | $8,408 |
21 years | $11,052 |
23 years | $13,697 |
25 years | $16,341 |
Top Solar Installers in Weddington
Many homeowners opt for a solar installer since trying to install solar panels on your own can be a lot of work. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you’d like to make the switch to solar but still aren’t sure which solar panel company to go with, here are our suggestions for providers near you:
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 Weddington
Factors that Affect Solar Panel Costs in Weddington
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Weddington: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,510 per kilowatt in Weddington.The type of solar panels and equipment you want is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Weddington, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.The company’s size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access 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 promotion can bring their pricing down to compete with bigger names.
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 | $12,962 | 13.5 years |
8 kW | $3.58 | $20,049 | $17,676 | 13.3 years |
10 kW | $3.51 | $24,570 | $22,587 | 13.0 years |
12 kW | $3.44 | $28,894 | $27,694 | 12.8 years |
14 kW | $3.37 | $33,022 | $32,997 | 12.5 years |
16 kW | $3.30 | $36,953 | $38,497 | 12.2 years |
18 kW | $3.23 | $40,688 | $44,194 | 12.0 years |
20 kW | $3.16 | $44,226 | $50,087 | 11.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Installation Process: When making the switch to solar, it’s important to keep an open line of communication with your solar company. Make sure you understand how the installation process will go and the project timeline.
- Solar Panel Brands: The model of solar panel you’d like to get plays a role in which installer you should opt for, since different companies offer different panels.
- Warranty: If you care about the endurance of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Weddington, NC Solar Cost FAQs
How much does it cost to install solar panels in Weddington?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $17,550 for a 5-kW system and $35,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities 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.
Can you sell solar power back to the grid in Weddington?
Most states have net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.