Solar Panel Cost Guide in Whiteville, NC (Dec 2022)

  • Whiteville Solar Installation Cost: $11,984
  • 25-Year Savings: $21,405
  • Payback Period: 9.0 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Whiteville

Find out how much it might cost to make the switch to solar in Whiteville.

Although the national average of solar panels is $2.66 per watt, solar panels in Whiteville generally cost about $3. The average Whiteville homeowner needs a 6.7-kilowatt system, which would cost about $11,984, or $8,868 after the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of making the switch to solar can vary quite a bit depending on a few factors, such as what size system you need, your energy consumption and what company you go with. With average savings of about $19,000 on electricity bills over 20 years, many homeowners in Whiteville find going solar has a decent ROI.

You can click the button below to get connected with a top solar company in Whiteville that can help you get a more accurate cost estimate for your home.

Solar savings over time in Whiteville

Year Return on Investment
1 years $-10,648
3 years $-7,977
5 years $-5,306
7 years $-2,635
9 years $36
11 years $2,707
13 years $5,379
15 years $8,050
17 years $10,721
19 years $13,392
21 years $16,063
23 years $18,734
25 years $21,405

Top Solar Installers in Whiteville

Trying to put up solar panels on your own can be a challenging task, which is why hiring a solar installation company is a good option for many homeowners. The payback period of solar panels will vary based on factors like your roof configuration and energy use, but working with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.

If you're looking for a solar installer in Whiteville, we've put together a list of our top suggestions here:

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 Whiteville

Factors that Affect Solar Panel Costs in Whiteville

The cost of installing a solar system in Whiteville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Whiteville average.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Whiteville, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. While solar loans make going solar more accessible for Whiteville homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

Lastly, the company you choose to install your solar panel system can influence your pricing. Whiteville's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that has the products, warranties and services you want and also fits within your budget.

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 $18,642 9.3 years
8 kW $2.59 $14,508 $25,140 9.1 years
10 kW $2.54 $17,780 $31,781 9.0 years
12 kW $2.49 $20,909 $38,564 8.8 years
14 kW $2.44 $23,896 $45,489 8.6 years
16 kW $2.39 $26,741 $52,556 8.4 years
18 kW $2.34 $29,444 $59,766 8.3 years
20 kW $2.29 $32,004 $67,118 8.1 years

How to Save on Solar Panels

There are a large number of companies to choose from in Whiteville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Installation Process: When making the switch to solar energy, it's essential to maintain an open line of communication with your solar installer. See to it that you understand how the installation process works and the project timeline.
  • Contract: Before you sign a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.

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 Whiteville, NC Solar Cost FAQs

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

The average cost of solar panels in Whiteville is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the actual 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.

Is it better to lease or buy solar panels in Whiteville?

Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.

Can solar panels significantly reduce my energy bills?

Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $991.22 per year.

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.

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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