Solar Panel Cost Guide in Culloden, WV (Mar 2023)
- Culloden Solar Installation Cost: $20,383
- 25-Year Savings: $28,506
- Payback Period: 10.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Culloden
We go over average solar pricing in Culloden.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Culloden, the typical cost of solar panels is 2.64 per watt. The average Culloden homeowner needs a 11.0-kilowatt system, which would cost about $20,383 with the federal tax credit, or $29,148 before the 30% tax credit is applied.
These figures are just averages, and how much solar costs for you may differ based on your energy needs and what company you choose to go with. Even with the significant initial cost, the average Culloden homeowner can save around $17,000 on their electricity bills over 20 years, which is one of the benefits of solar.
To receive a free estimate from a highly rated solar installer in Culloden, you can click the button below.
Solar savings over time in Culloden
Year | Return on Investment |
---|---|
1 years | $-18,428 |
3 years | $-14,517 |
5 years | $-10,606 |
7 years | $-6,695 |
9 years | $-2,783 |
11 years | $1,128 |
13 years | $5,039 |
15 years | $8,950 |
17 years | $12,861 |
19 years | $16,772 |
21 years | $20,683 |
23 years | $24,594 |
25 years | $28,506 |
Top Solar Installers in Culloden
When switching to solar energy, many homeowners choose to use a solar company since installing a solar system yourself can be a difficult project. A solar installer can also help save you money over time by providing warranties, repairs and system component replacements.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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 Culloden
Factors that Affect Solar Panel Costs in Culloden
Although the average cost of a solar system in Culloden is $20,383, your actual cost may differ. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,640. The brand of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Culloden, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. Although solar loans make adopting solar energy more accessible for Culloden homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can affect your pricing. Culloden's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that provides the products, warranties and services you want and also fits within your budget.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $2.75 | $11,532 | $15,062 | 10.8 years |
8 kW | $2.69 | $15,080 | $20,378 | 10.6 years |
10 kW | $2.64 | $18,480 | $25,843 | 10.4 years |
12 kW | $2.59 | $21,732 | $31,455 | 10.2 years |
14 kW | $2.53 | $24,837 | $37,215 | 10.0 years |
16 kW | $2.48 | $27,794 | $43,122 | 9.8 years |
18 kW | $2.43 | $30,603 | $49,178 | 9.6 years |
20 kW | $2.38 | $33,264 | $55,381 | 9.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: If you care about the durability of your solar panel system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Read the contract terms carefully to make sure you understand the total cost, project completion timeline incentives and warranties.
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 Culloden, WV Solar Cost FAQs
How much does it cost to install solar panels in Culloden?
The average cost of solar panels in Culloden is about $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Culloden?
You can't get solar panels for free in Culloden. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Culloden have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.
How long do solar panels last in Culloden?
On average, solar panels can last 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 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.
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.