Solar Panel Cost Guide in Manning, SC (2023 Update)
- Manning Solar Installation Cost: $14,947
- 25-Year Savings: $30,470
- Payback Period: 8.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Manning
We break down average solar pricing in Manning.
Although the national average of solar panels is $2.66 per watt, solar panels in Manning generally cost about 2.72. 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 just estimates, and how much solar costs for you will most likely vary based on factors unique to your home and what company you choose to go with. But, once you've paid the upfront cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $22,000 over 20 years on energy bills.
Click the button below to get connected to a vetted solar installer in your area for a customized quote.
Solar savings over time in Manning
| Year | Return on Investment |
|---|---|
| 1 years | $-13,389 |
| 3 years | $-10,273 |
| 5 years | $-7,157 |
| 7 years | $-4,041 |
| 9 years | $-925 |
| 11 years | $2,191 |
| 13 years | $5,307 |
| 15 years | $8,423 |
| 17 years | $11,539 |
| 19 years | $14,655 |
| 21 years | $17,771 |
| 23 years | $20,887 |
| 25 years | $24,003 |
Top Solar Installers in Manning
When making the switch to solar, many homeowners opt to go with a solar installer since handling can be a challenging project. Plus, if you aren't sure what brand of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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 Manning
Factors that Affect Solar Panel Costs in Manning
While the average cost of a solar system in Manning is $14,946, your actual cost may differ. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,720. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Manning average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Manning homeowners decide to finance their solar panel systems to make paying for solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can influence how much it costs. Manning's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that offers the products, warranties and services you want and also fit into 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 | $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
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
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 Manning, SC Solar Cost FAQs
How much does it cost to install solar panels in Manning?
This is a hard 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. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper 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 rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Manning?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires 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.