Solar Panel Cost Guide in Powdersville, SC (2024 Update)
- Powdersville Solar Installation Cost: $19,401
- 25-Year Savings: $30,123
- Payback Period: 10.7 Years
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Average Cost of Solar Panels in Powdersville
We go over average solar pricing in Powdersville.
The average cost of a solar system in Powdersville is 3 per watt.To account for the typical energy usage of the average home in Powdersville, most homeowners require a 8.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $19,401, or $27,743 before the federal solar tax credit of 0 is applied.
These figures are just estimates, and how much solar costs for you may vary based on the amount of energy your home requires and what company you go with.But, once you've paid the initial cost of installation, the savings for most homeowners is usually good, with a net average savings of about $21,000 over 20 years on utility bills.
Click the button below to get connected to a highly rated solar company in Powdersville for a customized estimate.
Solar savings over time in Powdersville
| Year | Return on Investment |
|---|---|
| 1 years | $-17,916 |
| 3 years | $-14,945 |
| 5 years | $-11,975 |
| 7 years | $-9,004 |
| 9 years | $-6,034 |
| 11 years | $-3,063 |
| 13 years | $-93 |
| 15 years | $2,878 |
| 17 years | $5,848 |
| 19 years | $8,819 |
| 21 years | $11,790 |
| 23 years | $14,760 |
| 25 years | $17,731 |
Top Solar Installers in Powdersville
When switching to solar energy, many homeowners prefer to hire a solar company since putting up a solar system yourself can be a difficult project. The payback period of solar panels will vary depending on factors like your roof configuration and energy needs, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.
If you're searching for a solar company in Powdersville, we've compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- 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 Powdersville
Factors that Affect Solar Panel Costs in Powdersville
For many Powdersville homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Powdersville, with typical prices between $20,000 to $40,000. There are several factors that significantly 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 affects the overall cost of going solar. That’s why it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The model of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think 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’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Powdersville, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can influence your pricing. Powdersville’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and bulk 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 promotion can bring their pricing lower to compete with bigger names.
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 | $18,852 | 11.1 years |
| 8 kW | $3.52 | $19,706 | $25,522 | 10.9 years |
| 10 kW | $3.45 | $24,150 | $32,386 | 10.7 years |
| 12 kW | $3.38 | $28,400 | $39,443 | 10.5 years |
| 14 kW | $3.31 | $32,458 | $46,692 | 10.3 years |
| 16 kW | $3.24 | $36,322 | $54,136 | 10.0 years |
| 18 kW | $3.17 | $39,992 | $61,772 | 9.8 years |
| 20 kW | $3.11 | $43,470 | $69,602 | 9.6 years |
How to Save on Solar Panels
There are many companies to choose from in Powdersville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Warranty: If you’re concerned about the durability of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Powdersville, SC Solar Cost FAQs
What is the average cost of installing solar panels in Powdersville?
The average cost of solar panels in Powdersville 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 model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart 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.
Is it worth going solar in Powdersville?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Powdersville?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.