Solar Panel Cost Guide in Georgetown, SC (Jan 2023)
- Georgetown Solar Installation Cost: $14,470
- 25-Year Savings: $29,082
- Payback Period: 8.3 Years
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Top Solar Installers in Georgetown
Although you can install solar panels on your own, it takes extra effort and know-how. For that reason, almost all homeowners choose a solar panel installer. Companies can also have access to quality options of the best solar panels and help you choose which one will be best for your family.
If you're looking for a solar company in Georgetown, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Georgetown
Factors that Affect Solar Panel Costs in Georgetown
There are a number of factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $2,720 per kilowatt in Georgetown. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Georgetown, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in Georgetown, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. It's wise to factor 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 off the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can affect how much it costs. Georgetown's solar companies all have different labor costs and add varying upcharges to 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||$2.83||$11,881||$22,516||8.6 years|
|8 kW||$2.77||$15,537||$30,327||8.5 years|
|10 kW||$2.72||$19,040||$38,289||8.3 years|
|12 kW||$2.67||$22,391||$46,404||8.1 years|
|14 kW||$2.61||$25,590||$54,671||8.0 years|
|16 kW||$2.56||$28,636||$63,090||7.8 years|
|18 kW||$2.50||$31,530||$71,662||7.6 years|
|20 kW||$2.45||$34,272||$80,386||7.5 years|
How to Save on Solar Panels
There are a large number of companies available in Georgetown, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Long-standing 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 quality aftercare and customer service, such as part repairs and replacements.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
EcoWatch's Georgetown, SC 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.