Solar Panel Cost Guide in Taylors, SC (2025 Update)
- Taylors Solar Installation Cost: $19,500
- 25-Year Savings: $28,879
- Payback Period: 11.0 Years
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Average Cost of Solar Panels in Taylors
Find out what the average cost of a solar system is in Taylors.
The average cost of a solar system in Taylors is 3 per watt.Using this figure, a typical 8.1-kW system would cost about $19,500 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy use, the type of solar system you want to get, your solar contractor and more.Even with the high upfront cost, the average Taylors homeowner can save about $21,000 on their energy bills over 20 years, which is one of the benefits of solar.
To get a free estimate from a vetted solar installer in Taylors, you can click the button below.
Solar savings over time in Taylors
| Year | Return on Investment |
|---|---|
| 1 years | $-18,015 |
| 3 years | $-15,044 |
| 5 years | $-12,074 |
| 7 years | $-9,103 |
| 9 years | $-6,133 |
| 11 years | $-3,162 |
| 13 years | $-192 |
| 15 years | $2,779 |
| 17 years | $5,749 |
| 19 years | $8,720 |
| 21 years | $11,691 |
| 23 years | $14,661 |
| 25 years | $17,632 |
Top Solar Installers in Taylors
When going solar, many homeowners opt to hire a solar company since handling can be a difficult project. The expertise that solar companies provide can be helpful as well, particularly if you don’t quite know what kind of solar equipment would be right for your home.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Taylors
Factors that Affect Solar Panel Costs in Taylors
For many Taylors homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Taylors, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Taylors, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can determine by looking at past energy bills. Your total cost can increase by about $3,450 for each additional kilowatt you need.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Taylors, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Taylors, and each can charge varying amounts for labor and equipment.Additionally, some companies in Taylors 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 end up saving you 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 | $3.59 | $15,070 | $17,814 | 11.5 years |
| 8 kW | $3.52 | $19,706 | $24,138 | 11.2 years |
| 10 kW | $3.45 | $24,150 | $30,655 | 11.0 years |
| 12 kW | $3.38 | $28,400 | $37,366 | 10.8 years |
| 14 kW | $3.31 | $32,458 | $44,270 | 10.6 years |
| 16 kW | $3.24 | $36,322 | $51,367 | 10.4 years |
| 18 kW | $3.17 | $39,992 | $58,657 | 10.1 years |
| 20 kW | $3.11 | $43,470 | $66,141 | 9.9 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When reading through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar installer. Confirm that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
EcoWatch's Taylors, SC Solar Cost FAQs
What is the average cost of installing solar panels in Taylors?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,250 for a 5-kW system and $34,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Taylors?
Solar panels aren’t free in Taylors, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,096.11 per year.
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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.