Solar Panel Cost Guide in Powdersville, SC (2023 Update)
- Powdersville Solar Installation Cost: $15,296
- 25-Year Savings: $30,123
- Payback Period: 8.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Powdersville
We go over average solar pricing in Powdersville.
Although the national average of solar panels is $2.66 per watt, solar panels in Powdersville typically cost around 2.72. The average solar panel system size in Powdersville is around 8.0 kilowatts, meaning a cost of about $15,289 for a solar installation, or $21,863 before the 30% federal solar tax credit is applied.
The true price you pay can go higher or lower than the average in Powdersville based on several factors, such as the brand of solar panels you choose and the solar installer you hire. But, once you've paid the upfront cost of installation, the ROI for most homeowners is typically rewarding, with a net average savings of about $21,000 over 20 years on utility bills.
You can click the button below to get connected with a pre-vetted solar installer in Powdersville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Powdersville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,145 |
| 3 years | $-14,842 |
| 5 years | $-14,539 |
| 7 years | $-14,236 |
| 9 years | $-13,933 |
| 11 years | $-13,631 |
| 13 years | $-13,328 |
| 15 years | $-13,025 |
| 17 years | $-12,722 |
| 19 years | $-12,419 |
| 21 years | $-12,117 |
| 23 years | $-11,814 |
| 25 years | $-11,511 |
Top Solar Installers in Powdersville
Many homeowners choose to hire a solar panel company since installing solar panels yourself can be a lot of work. 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.
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
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 Powdersville
Factors that Affect Solar Panel Costs in Powdersville
The cost of installing a solar system in Powdersville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The model of solar panels and equipment you choose is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a popular choice because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years. 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can impact your pricing. Powdersville's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Powdersville have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $22,041 | 8.8 years |
| 8 kW | $2.77 | $15,537 | $29,692 | 8.6 years |
| 10 kW | $2.72 | $19,040 | $37,496 | 8.4 years |
| 12 kW | $2.67 | $22,391 | $45,452 | 8.3 years |
| 14 kW | $2.61 | $25,590 | $53,560 | 8.1 years |
| 16 kW | $2.56 | $28,636 | $61,821 | 7.9 years |
| 18 kW | $2.50 | $31,530 | $70,234 | 7.7 years |
| 20 kW | $2.45 | $34,272 | $78,800 | 7.6 years |
How to Save on Solar Panels
The solar panel company you opt for will influence 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 several important things you should consider, including:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable 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 check your installer's reputation is by reading reviews.
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar company. See to it that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: The model of solar panel you need to get plays a part in which installer you should opt for, since different companies provide different panels.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
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 Powdersville, SC Solar Cost FAQs
How much does it cost to install solar panels in Powdersville?
The average cost of solar panels in Powdersville is about $13,600 for a 5-kW system and $27,200 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is making the switch to solar worth it?
Solar panels can be a fruitful investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
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 larger amount 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.