Solar Panel Cost Guide in Saxon, SC (Jan 2023)
- Saxon Solar Installation Cost: $15,384
- 25-Year Savings: $21,285
- Payback Period: 10.5 Years
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Top Solar Installers in Saxon
Although it's possible to install solar panels on your own, it requires extra energy and expertise. That's one of the reasons most homeowners choose to go with a solar panel installer. The payback period of solar panels will vary depending on factors like your roof configuration and energy use, but going with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our recommendations for providers in Saxon:
See all of the solar companies in Saxon
Factors that Affect Solar Panel Costs in Saxon
The cost of installing a solar system in Saxon can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
When it comes to estimating the price of a solar panel system in Saxon, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $2,720 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you choose also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Saxon homeowners choose to finance their solar panel systems to offset upfront costs. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Saxon is the company you hire to install your PV system. As with choosing a company to build a deck or pool, for instance, you'll have no shortage of solar installers that offer a range of services for different budgets. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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||$15,352||10.9 years|
|8 kW||$2.77||$15,537||$20,774||10.7 years|
|10 kW||$2.72||$19,040||$26,348||10.5 years|
|12 kW||$2.67||$22,391||$32,075||10.3 years|
|14 kW||$2.61||$25,590||$37,954||10.1 years|
|16 kW||$2.56||$28,636||$43,985||9.9 years|
|18 kW||$2.50||$31,530||$50,169||9.6 years|
|20 kW||$2.45||$34,272||$56,505||9.4 years|
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Warranty: If you're worried about the longevity of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: Before signing a contract with a solar installer, be 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 what services you can expect from them.
EcoWatch's Saxon, SC Solar Cost FAQs
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.