Solar Panel Cost Guide in Manning, SC (Mar 2023)
- Manning Solar Installation Cost: $14,946
- 25-Year Savings: $30,470
- Payback Period: 8.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Manning
Find out how much it might cost to install solar panels in Manning.
In Manning, solar panels cost about 2.72 per watt on average. Using this figure, a typical 7.8-kW system would cost about $14,946 before the 30% federal solar tax credit is applied.
These figures are only estimates, and how much solar costs for you will most likely look different based on the amount of energy your home requires and what company you choose to go with. With average savings of about $22,000 on utility bills over 20 years, many homeowners in Manning find investing in solar can pay off big.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Manning
| Year | Return on Investment |
|---|---|
| 1 years | $-13,130 |
| 3 years | $-9,496 |
| 5 years | $-5,863 |
| 7 years | $-2,230 |
| 9 years | $1,404 |
| 11 years | $5,037 |
| 13 years | $8,670 |
| 15 years | $12,304 |
| 17 years | $15,937 |
| 19 years | $19,570 |
| 21 years | $23,204 |
| 23 years | $26,837 |
| 25 years | $30,470 |
Top Solar Installers in Manning
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make swapping over to solar power much easier. The expertise that solar companies offer can be invaluable as well, particularly if you don't quite know what kind of solar equipment you need.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Manning
Factors that Affect Solar Panel Costs in Manning
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Manning: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,720. The type of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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's in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in Manning, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. Even though solar loans make switching to solar energy more accessible for Manning homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you opt for to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies in Manning, and each can charge varying amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $22,831 | 8.6 years |
| 8 kW | $2.77 | $15,537 | $30,746 | 8.4 years |
| 10 kW | $2.72 | $19,040 | $38,813 | 8.2 years |
| 12 kW | $2.67 | $22,391 | $47,032 | 8.1 years |
| 14 kW | $2.61 | $25,590 | $55,404 | 7.9 years |
| 16 kW | $2.56 | $28,636 | $63,928 | 7.7 years |
| 18 kW | $2.50 | $31,530 | $72,605 | 7.6 years |
| 20 kW | $2.45 | $34,272 | $81,434 | 7.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Before signing a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer quality solar panel installation and expertise.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Manning, SC Solar Cost FAQs
How much does it cost to install solar panels in Manning?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $13,600 for a 5-kW system and $27,200 for a 10-kW system after the ITC is applied. It will be more expensive 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 expensive solar panels.
Are solar panels free in Manning?
You can't get solar panels for free in Manning. 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.
Can you sell solar power back to the grid in Manning?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
How long do solar panels last in Manning?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.