Solar Panel Cost Guide in Lewisburg, WV (Mar 2023)
- Lewisburg Solar Installation Cost: $19,977
- 25-Year Savings: $28,083
- Payback Period: 10.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Lewisburg
We break down average solar pricing in Lewisburg.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lewisburg, the average cost of solar panels is 2.64 per watt. Using this figure, a typical 10.8-kW system would cost about $19,977 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Lewisburg homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in Lewisburg find going solar can pay off big.
To get a free quote from a pre-vetted solar installer in Lewisburg, you can click the button below.
Solar savings over time in Lewisburg
| Year | Return on Investment |
|---|---|
| 1 years | $-18,054 |
| 3 years | $-14,210 |
| 5 years | $-10,365 |
| 7 years | $-6,520 |
| 9 years | $-2,675 |
| 11 years | $1,169 |
| 13 years | $5,014 |
| 15 years | $8,859 |
| 17 years | $12,704 |
| 19 years | $16,549 |
| 21 years | $20,393 |
| 23 years | $24,238 |
| 25 years | $28,083 |
Top Solar Installers in Lewisburg
Although you can install solar panels by yourself, it involves extra energy and know-how. Because of that, most homeowners choose to go with a solar panel installer. The expertise that solar companies offer can be helpful as well, especially if you don't quite know what type of solar equipment would be right for your home.
If you'd like to switch to solar energy but still aren't certain which solar installer to go with, here are our suggestions for providers nearby:
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 Lewisburg
Factors that Affect Solar Panel Costs in Lewisburg
For many Lewisburg homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Lewisburg, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,640. The brand of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond 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's in your budget.
Solar Financing Terms
Most solar installers in Lewisburg have solar loans, which reduce the initial cost of installing a solar system. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you pick will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that provides the products, warranties and services you want and also is 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 | $15,152 | 10.8 years |
| 8 kW | $2.69 | $15,080 | $20,498 | 10.6 years |
| 10 kW | $2.64 | $18,480 | $25,992 | 10.4 years |
| 12 kW | $2.59 | $21,732 | $31,634 | 10.2 years |
| 14 kW | $2.53 | $24,837 | $37,423 | 10.0 years |
| 16 kW | $2.48 | $27,794 | $43,361 | 9.8 years |
| 18 kW | $2.43 | $30,603 | $49,446 | 9.6 years |
| 20 kW | $2.38 | $33,264 | $55,679 | 9.3 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, 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:
- Solar Panel Brands: Different companies will have various brands and models of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
- Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
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 Lewisburg, WV Solar Cost FAQs
How much does it cost to install solar panels in Lewisburg?
The average cost of solar panels in Lewisburg is about $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Lewisburg?
You can't get solar panels for free in Lewisburg. However, you may still be able to afford 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.
Can solar panels significantly reduce my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Lewisburg, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.