Solar Panel Cost Guide in Greer, SC (2024 Update)
- Greer Solar Installation Cost: $19,505
- 25-Year Savings: $29,848
- Payback Period: 10.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Greer
Find out how much it might cost to go solar in Greer.
The national average cost of solar panels is $2.66 per watt, but in Greer it’s 3 per watt.Using this figure, a typical 8.1-kW system would cost about $19,505 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of making the switch to solar can vary quite a bit based on several factors, such as what size system you need, your energy usage and what company you go with.With typical savings of about $21,000 on utility bills over 20 years, many homeowners in Greer find going solar can be quite rewarding.
Click the button below to get connected to a highly rated solar company in Greer for a customized quote.
Solar savings over time in Greer
| Year | Return on Investment |
|---|---|
| 1 years | $-18,020 |
| 3 years | $-15,050 |
| 5 years | $-12,079 |
| 7 years | $-9,109 |
| 9 years | $-6,138 |
| 11 years | $-3,168 |
| 13 years | $-197 |
| 15 years | $2,774 |
| 17 years | $5,744 |
| 19 years | $8,715 |
| 21 years | $11,685 |
| 23 years | $14,656 |
| 25 years | $17,626 |
Top Solar Installers in Greer
Many homeowners decide to hire a solar panel installer since figuring out how to install solar panels on your own can be hard. The expertise that solar installers offer can be helpful as well, particularly if you don’t quite know what kind of solar equipment you need.
If you're looking for a solar installer in Greer, we've organized a list of our top suggestions here:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Greer
Factors that Affect Solar Panel Costs in Greer
Even though the average cost of a solar system in Greer is $19,505, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the price of solar panels in Greer, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by about $3,450 for each additional kilowatt you need.The model of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than 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 searching for a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Greer provide solar loans, which reduce your upfront costs of installing solar panels.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can play a part in determining your pricing. Greer’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that has the products, warranties and services you’re looking for and also is within your budget.
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 | $18,528 | 11.2 years |
| 8 kW | $3.52 | $19,706 | $25,090 | 11.0 years |
| 10 kW | $3.45 | $24,150 | $31,845 | 10.8 years |
| 12 kW | $3.38 | $28,400 | $38,794 | 10.6 years |
| 14 kW | $3.31 | $32,458 | $45,936 | 10.4 years |
| 16 kW | $3.24 | $36,322 | $53,271 | 10.1 years |
| 18 kW | $3.17 | $39,992 | $60,799 | 9.9 years |
| 20 kW | $3.11 | $43,470 | $68,521 | 9.7 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose greatly affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project timeline rebates and warranties.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Greer, SC Solar Cost FAQs
How much does it cost to install solar panels in Greer?
The average cost of solar panels in Greer is about $17,250 for a 5-kW system and $34,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Greer?
You can’t get solar panels for free in Greer. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Greer, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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 buy between 20 and 35 panels to cover 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.