Solar Panel Cost Guide in Cross Lanes, WV (2024 Update)
- Cross Lanes Solar Installation Cost: $26,469
- 25-Year Savings: $28,276
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Cross Lanes
Here’s how much it might cost to go solar in Cross Lanes.
In Cross Lanes, solar panels cost about 3 per watt on average.To account for the typical energy needs of the average home in Cross Lanes, most homeowners require a 11.2-kilowatt system. Using the figure above, a solar installation costs around $26,469, or $37,851 before the federal solar tax credit of 0 is applied.
These figures are only averages, and how much solar costs for you will vary based on factors unique to your home and what company you want to go with.Despite the high initial cost, the average Cross Lanes homeowner can save around $17,000 on their electricity bills over 20 years, which is one of the perks of solar.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Cross Lanes
| Year | Return on Investment |
|---|---|
| 1 years | $-24,844 |
| 3 years | $-21,592 |
| 5 years | $-18,341 |
| 7 years | $-15,090 |
| 9 years | $-11,838 |
| 11 years | $-8,587 |
| 13 years | $-5,336 |
| 15 years | $-2,084 |
| 17 years | $1,167 |
| 19 years | $4,418 |
| 21 years | $7,670 |
| 23 years | $10,921 |
| 25 years | $14,172 |
Top Solar Installers in Cross Lanes
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make converting to solar power much easier. The expertise that solar companies offer can be useful as well, especially if you aren’t sure what type of solar equipment you need.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Cross Lanes
Factors that Affect Solar Panel Costs in Cross Lanes
There are several criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,390. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Cross Lanes, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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
If paying for solar panels out of pocket is difficult, solar loans are a popular option because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.While solar loans make switching to solar energy more accessible for Cross Lanes homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can affect your pricing. Cross Lanes’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.53 | $14,808 | $11,490 | 14.1 years |
| 8 kW | $3.46 | $19,364 | $15,700 | 13.8 years |
| 10 kW | $3.39 | $23,730 | $20,099 | 13.5 years |
| 12 kW | $3.32 | $27,906 | $24,689 | 13.3 years |
| 14 kW | $3.25 | $31,893 | $29,468 | 13.0 years |
| 16 kW | $3.19 | $35,690 | $34,437 | 12.7 years |
| 18 kW | $3.12 | $39,297 | $39,596 | 12.5 years |
| 20 kW | $3.05 | $42,714 | $44,945 | 12.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Contract: Even though reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Cross Lanes, WV Solar Cost FAQs
What is the average cost of installing solar panels in Cross Lanes?
The average cost of solar panels in Cross Lanes is about $16,950 for a 5-kW system and $33,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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.