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Top Solar Installers in Wilmington
Although you can install solar panels yourself, it involves extra energy and knowledge. For that reason, the majority of homeowners choose to go with a solar panel installer. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Wilmington
Factors that Affect Solar Panel Costs in Wilmington
There are several criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment Size
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size. Solar power systems with higher efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,540. There are several different solar panel brands and the one you choose also affects the cost. In general, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Wilmington have solar loans, which reduce your upfront costs of installing solar. It's a good idea to include 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Wilmington, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. You may see national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger 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||$19,297||9.1 years|
|8 kW||$2.59||$14,508||$26,014||9.0 years|
|10 kW||$2.54||$17,780||$32,873||8.8 years|
|12 kW||$2.49||$20,909||$39,874||8.6 years|
|14 kW||$2.44||$23,896||$47,018||8.4 years|
|16 kW||$2.39||$26,741||$54,304||8.2 years|
|18 kW||$2.34||$29,444||$61,732||8.1 years|
|20 kW||$2.29||$32,004||$69,302||7.9 years|
Solar Incentives in Wilmington
|Name||Local Option - Financing Program for Renewable Energy and Energy Efficiency|
|More Info||Click here|
How to Save on Solar Panels
Since the model of solar panels and the company you choose considerably impacts your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: When going solar, it's essential to keep an open line of communication with your solar panel company. See to it that you understand how the installation process works and the project timeline.
- Solar Panel Brands: The model of solar panel you'd like plays a role in which installer you should go with, since different companies offer different panels.
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
EcoWatch's Wilmington, 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.