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Top Solar Installers in Lumberton
When going solar, many homeowners decide to go with a solar installer since DIY solar panel installation can be a difficult project. Also, if you'd like to maximize your investment in solar power, opting for a solar company can help with that too. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives.
If you're searching for a solar installer in Lumberton, we've put together a list of our top suggestions here:
See all of the solar companies in Lumberton
Factors that Affect Solar Panel Costs in Lumberton
For many Lumberton homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Lumberton, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment Size
When it comes to estimating the price of a solar panel system in Lumberton, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can determine by looking at past energy bills. Your total cost can increase by around $2,770 for each additional kilowatt you need. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Lumberton homeowners choose to finance their solar panel systems to offset upfront costs. When figuring out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Lumberton, and each can charge different amounts for labor and equipment. The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and bulk 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||$2.88||$12,099||$11,137||13.0 years|
|8 kW||$2.83||$15,822||$15,160||12.8 years|
|10 kW||$2.77||$19,390||$19,337||12.5 years|
|12 kW||$2.71||$22,803||$23,670||12.3 years|
|14 kW||$2.66||$26,060||$28,158||12.0 years|
|16 kW||$2.60||$29,163||$32,801||11.8 years|
|18 kW||$2.55||$32,110||$37,600||11.5 years|
|20 kW||$2.49||$34,902||$42,553||11.3 years|
Solar Incentives in Lumberton
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before signing a contract with a solar company, make sure you read it through carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The type of solar panel you need to install plays a role in which installer you should opt for, since different companies have different panels.
EcoWatch's Lumberton, NJ 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.