Solar Panel Cost Guide in Central, SC (Feb 2023)

  • Central Solar Installation Cost: $15,422
  • 25-Year Savings: $30,190
  • Payback Period: 8.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Central

Let's have a look at the average cost of solar in Central.

The national average cost of solar panels is $2.66 per watt, but in Central it's $3 per watt. The average solar panel system size in Central is around 8.1 kilowatts, meaning a cost of about $15,422 for a solar installation, or $11,412 after the 30% federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average Central 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. For many homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Central see about $21,000 in savings on electricity bills over 20 years.

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

Solar savings over time in Central

Year Return on Investment
1 years $-13,598
3 years $-9,949
5 years $-6,300
7 years $-2,651
9 years $998
11 years $4,647
13 years $8,296
15 years $11,945
17 years $15,594
19 years $19,243
21 years $22,892
23 years $26,541
25 years $30,190

Top Solar Installers in Central

Many homeowners opt for a solar panel installer since installing solar panels by yourself can be challenging. The expertise that solar companies provide can be useful as well, especially if you don't quite know what brand of solar equipment would be right for your home.

You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:

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 Central

Factors that Affect Solar Panel Costs in Central

There are a number of criteria that can determine your solar panel 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

When it comes to estimating the price of a solar panel system in Central, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by around $2,720 for each additional kilowatt you need. The kind 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. However, more efficient panels could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Central average.

Solar Financing Terms

Most solar companies in Central have solar loans, which reduce the initial cost of installing solar. Even though solar loans make adopting solar energy more accessible for Central homeowners, they can also add to 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

The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Central, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up 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 $2.83 $11,881 $21,915 8.8 years
8 kW $2.77 $15,537 $29,525 8.6 years
10 kW $2.72 $19,040 $37,287 8.5 years
12 kW $2.67 $22,391 $45,201 8.3 years
14 kW $2.61 $25,590 $53,268 8.1 years
16 kW $2.56 $28,636 $61,487 7.9 years
18 kW $2.50 $31,530 $69,858 7.8 years
20 kW $2.45 $34,272 $78,382 7.6 years

How to Save on Solar Panels

There are a lot of companies available in Central, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Installation Process: When making the switch to solar, it's necessary to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
  • Solar Panel Brands: Different companies carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
  • 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 such as a system part breaking or if the company goes out of business.
  • Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.

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 Central, SC Solar Cost FAQs

How much does it cost to install solar panels in Central?

This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $13,600 for a 5-kW system and $27,200 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.

Can you get solar panels for free in Central?

You can't get solar panels for free in Central. However, you may still be able to install 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.

How will solar panels impact my home value?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Central is currently $139,400, so you can look forward to a value of about $5,715 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Central is a worthwhile investment.

What solar power system size is right for my home?

To figure out what solar panel system size 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 home 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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