Solar Panel Cost Guide in Belton, SC (2024 Update)
- Belton Solar Installation Cost: $19,401
- 25-Year Savings: $31,442
- Payback Period: 10.4 Years
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Average Cost of Solar Panels in Belton
See how much it might cost to switch to solar power in Belton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Belton, the average cost of solar panels is 3 per watt.Because a 8.0-kW system is needed to cover the energy costs of a typical home in Belton, the average price of going solar will be about $19,401 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Belton homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $22,000 on energy bills over 20 years, many homeowners in Belton find going solar has a decent ROI.
You can click the button below to get connected with a pre-vetted solar installer in Belton for a quote for your home.
Solar savings over time in Belton
| Year | Return on Investment |
|---|---|
| 1 years | $-17,916 |
| 3 years | $-14,945 |
| 5 years | $-11,975 |
| 7 years | $-9,004 |
| 9 years | $-6,034 |
| 11 years | $-3,063 |
| 13 years | $-93 |
| 15 years | $2,878 |
| 17 years | $5,848 |
| 19 years | $8,819 |
| 21 years | $11,790 |
| 23 years | $14,760 |
| 25 years | $17,731 |
Top Solar Installers in Belton
Although it's possible to install solar panels by yourself, it involves extra energy and handiness. That's why almost all homeowners choose to hire a solar panel installer. Also, companies with a good reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you're looking for a solar company in Belton, we've 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 for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Belton
Factors that Affect Solar Panel Costs in Belton
There are a number of factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions 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 for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Belton, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.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 upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Belton, and each can charge varying amounts for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.59 | $15,070 | $19,837 | 10.8 years |
| 8 kW | $3.52 | $19,706 | $26,836 | 10.6 years |
| 10 kW | $3.45 | $24,150 | $34,027 | 10.4 years |
| 12 kW | $3.38 | $28,400 | $41,412 | 10.2 years |
| 14 kW | $3.31 | $32,458 | $48,991 | 10.0 years |
| 16 kW | $3.24 | $36,322 | $56,762 | 9.8 years |
| 18 kW | $3.17 | $39,992 | $64,727 | 9.5 years |
| 20 kW | $3.11 | $43,470 | $72,885 | 9.3 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 pick the right company for you, here are some tips to keep in mind:
- Reputation: Companies that have been operating for many years likely have a high 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 service, such as part repairs and replacements.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: Before you sign a contract with a solar installer, make sure you look it over carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Warranty: If you’re worried 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Belton, SC Solar Cost FAQs
What is the average cost of installing solar panels in Belton?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,250 for a 5-kW system and $34,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Belton?
You can’t get solar panels for free in Belton. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Belton is currently $223,289, which means you could be looking at a value of about $9,155 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Belton is a rewarding investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.