Solar Panel Cost Guide in Red Hill, SC (2025 Update)
- Red Hill Solar Installation Cost: $18,525
- 25-Year Savings: $31,561
- Payback Period: 10.0 Years
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Average Cost of Solar Panels in Red Hill
We go over average solar pricing in Red Hill.
While the national average of solar panels is $2.66 per watt, solar panels in Red Hill typically cost around 3.To cover the typical energy usage of the average home in Red Hill, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs around $18,525, or $26,491 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy consumption and what company you go with.With average savings of about $23,000 on electricity bills over 20 years, many homeowners in Red Hill find going solar can be quite rewarding.
You can click the button below to get connected with a vetted solar company in Red Hill for a quote for your home.
Solar savings over time in Red Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-16,743 |
| 3 years | $-13,179 |
| 5 years | $-9,615 |
| 7 years | $-6,051 |
| 9 years | $-2,487 |
| 11 years | $1,077 |
| 13 years | $4,641 |
| 15 years | $8,205 |
| 17 years | $11,769 |
| 19 years | $15,333 |
| 21 years | $18,897 |
| 23 years | $22,461 |
| 25 years | $26,025 |
Top Solar Installers in Red Hill
When going solar, many homeowners opt to hire a solar company since overseeing your solar installation yourself can be a time-consuming project. Some solar installers, particularly local ones, can help you take advantage of incentives in Red Hill, thereby optimizing your ROI.
If you're searching for a solar installer in Red Hill, we've put together 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 Red Hill
Factors that Affect Solar Panel Costs in Red Hill
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Red Hill: 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
When it comes to estimating the price of a solar panel system in Red Hill, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,450 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Red Hill, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Red Hill have solar loans, which reduce the initial cost of installing solar panels.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Red Hill is the company you choose to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, you’ll have many options for solar installers that provide a range of services at different costs.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 pricing due to access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally 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 | $21,041 | 10.4 years |
| 8 kW | $3.52 | $19,706 | $28,441 | 10.2 years |
| 10 kW | $3.45 | $24,150 | $36,034 | 10.0 years |
| 12 kW | $3.38 | $28,400 | $43,821 | 9.8 years |
| 14 kW | $3.31 | $32,458 | $51,800 | 9.6 years |
| 16 kW | $3.24 | $36,322 | $59,973 | 9.4 years |
| 18 kW | $3.17 | $39,992 | $68,339 | 9.2 years |
| 20 kW | $3.11 | $43,470 | $76,898 | 9.0 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Solar Panel Brands: Different companies carry different brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Contract: Before signing a contract with a solar installer, make sure to read it through completely 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 if there are any guarantees about 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 Red Hill, SC Solar Cost FAQs
What is the average cost of installing solar panels in Red Hill?
The average cost of solar panels in Red Hill is about $17,250 for a 5-kW system and $34,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.