Solar Panel Cost Guide in Sumter, SC (Jan 2023)
- Sumter Solar Installation Cost: $15,080
- 25-Year Savings: $25,698
- Payback Period: 9.2 Years
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Top Solar Installers in Sumter
Many homeowners opt for a solar installer since installing solar panels on your own can be challenging. The expertise that solar installers offer can be valuable as well, particularly if you aren't sure what type of solar equipment you need.
If you'd like to make the switch to solar but still aren't certain which solar company to go with, here are our suggestions for providers in Sumter:
See all of the solar companies in Sumter
Factors that Affect Solar Panel Costs in Sumter
Even though the average cost of a solar system in Sumter is $15,080, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,720. There are several different solar panel brands and the one you pick also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Sumter, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. While solar loans make switching to solar energy more accessible for Sumter homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Sumter is the company you choose to install your solar system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different price points. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials 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||$19,024||9.6 years|
|8 kW||$2.77||$15,537||$25,670||9.4 years|
|10 kW||$2.72||$19,040||$32,468||9.2 years|
|12 kW||$2.67||$22,391||$39,418||9.1 years|
|14 kW||$2.61||$25,590||$46,521||8.9 years|
|16 kW||$2.56||$28,636||$53,776||8.7 years|
|18 kW||$2.50||$31,530||$61,184||8.5 years|
|20 kW||$2.45||$34,272||$68,744||8.3 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 choosing a company can be difficult, we have some tips to help you, such as:
- Warranty: If you're worried about the durability of your solar system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: The type of solar panel you want plays a part in which company you should opt for, since different companies have access to different panels.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
EcoWatch's Sumter, 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.