Solar Panel Cost Guide in Hollywood, SC (2025 Update)

  • Hollywood Solar Installation Cost: $17,655
  • 25-Year Savings: $32,575
  • Payback Period: 9.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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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 Hollywood

Find out what the average cost of a solar system is in Hollywood.

While the national average of solar panels is $2.66 per watt, solar panels in Hollywood typically cost around 3.Using this figure, a typical 7.3-kW system would cost about $17,655 before the 0 federal solar tax credit is applied.

These figures are just averages, and how much solar costs for you may vary based on factors unique to your home and what company you go with.Even with the significant upfront cost, the average Hollywood homeowner can save about $25,000 on their electricity bills over 20 years, which is one of the positives of solar.

Click the button below to get connected to a vetted solar panel company in your area for a personalized estimate.

Solar savings over time in Hollywood

YearReturn on Investment
1 years$-15,915
3 years$-12,434
5 years$-8,953
7 years$-5,473
9 years$-1,992
11 years$1,489
13 years$4,970
15 years$8,451
17 years$11,931
19 years$15,412
21 years$18,893
23 years$22,374
25 years$25,855

Top Solar Installers in Hollywood

Many homeowners opt for a solar panel installer since trying to put up solar panels yourself can be time-consuming. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.

If you’d like to switch to solar energy but still aren’t sure which solar panel installer to go with, here are our suggestions for providers nearby:

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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best for Leasing

Sunrun

★★★★★
4.0
  • 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 Hollywood

Factors that Affect Solar Panel Costs in Hollywood

For many Hollywood homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Hollywood, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bring your total well above the Hollywood average.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Hollywood, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.

Solar Panel Installation Company

A final factor to consider when trying to figure out the cost of solar for your home or business in Hollywood is the company you choose to install your PV system. Similar to choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.59$15,070$23,0899.9 years
8 kW$3.52$19,706$31,1729.7 years
10 kW$3.45$24,150$39,4489.5 years
12 kW$3.38$28,400$47,9179.3 years
14 kW$3.31$32,458$56,5799.1 years
16 kW$3.24$36,322$65,4358.9 years
18 kW$3.17$39,992$74,4848.7 years
20 kW$3.11$43,470$83,7268.5 years

How to Save on Solar Panels

The solar panel company you opt for will impact 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 a few important things you should keep in mind, such as:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
  • Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Solar Panel Brands: The model of solar panel you want plays a role in which company you should choose, since different companies offer different panels.
  • Contract: When reading through your solar installer’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 part breaking or if the company goes out of business.
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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best for Leasing

Sunrun

★★★★★
4.0
  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Hollywood, SC Solar Cost FAQs

What is the average cost of installing solar panels in Hollywood?

This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.

What other factors should I consider aside from cost when buying solar panels?

Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Can you sell solar power back to the grid in Hollywood?

Most states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How many solar panels do I need to power my home?

To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.