Solar Panel Cost Guide in Hayesville, OR (2024 Update)
- Hayesville Solar Installation Cost: $10,293
- 25-Year Savings: $14,640
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Hayesville
See how much it might cost to make the switch to solar in Hayesville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Hayesville, the typical cost of solar panels is 4 per watt.Since a 4.2-kW system is needed to cover the energy consumption of a typical home in Hayesville, the average price of going solar will be about $10,293 after claiming the federal solar tax credit of 0.
The actual price you pay can be higher or lower than the average in Hayesville based on several factors, such as the brand of solar panels you choose and the solar company you hire.Many homeowners find adopting solar power is a solid investment. The average homeowner in Hayesville can save about $21,000 on their energy bills over 20 years.
Click the button below to get connected to a reputable solar company in Hayesville for a custom estimate.
Solar savings over time in Hayesville
| Year | Return on Investment |
|---|---|
| 1 years | $-8,888 |
| 3 years | $-6,079 |
| 5 years | $-3,270 |
| 7 years | $-461 |
| 9 years | $2,348 |
| 11 years | $5,157 |
| 13 years | $7,966 |
| 15 years | $10,775 |
| 17 years | $13,585 |
| 19 years | $16,394 |
| 21 years | $19,203 |
| 23 years | $22,012 |
| 25 years | $24,821 |
Top Solar Installers in Hayesville
When going solar, many homeowners choose to go with a solar installation company since overseeing your solar installation yourself can be a time-consuming project. In addition, if you’d like to maximize your investment in solar, going with a solar installer can help with that too. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
If you're on the hunt for a solar company in Hayesville, the EcoWatch team has put together a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Hayesville
Factors that Affect Solar Panel Costs in Hayesville
The cost of installing a solar system in Hayesville 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 home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,500. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Hayesville, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Hayesville offer solar loans, which reduce the initial cost of installing solar panels.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Hayesville is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for example, you’ll have no shortage of solar installers that provide a range of services at different costs.Additionally, some companies in Hayesville know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.64 | $15,288 | $16,799 | 11.9 years |
| 8 kW | $3.57 | $19,992 | $22,791 | 11.7 years |
| 10 kW | $3.50 | $24,500 | $28,978 | 11.5 years |
| 12 kW | $3.43 | $28,812 | $35,362 | 11.2 years |
| 14 kW | $3.36 | $32,928 | $41,942 | 11.0 years |
| 16 kW | $3.29 | $36,848 | $48,717 | 10.8 years |
| 18 kW | $3.22 | $40,572 | $55,689 | 10.5 years |
| 20 kW | $3.15 | $44,100 | $62,857 | 10.3 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, including:
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Hayesville, OR Solar Cost FAQs
What is the average cost of installing solar panels in Hayesville?
The average cost of solar panels in Hayesville is about $17,500 for a 5-kW system and $35,000 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Hayesville?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.