Solar Panel Cost Guide in Fletcher, NC (2025 Update)
- Fletcher Solar Installation Cost: $16,863
- 25-Year Savings: $19,753
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Fletcher
We go over average solar pricing in Fletcher.
The average cost of a solar system in Fletcher is 4 per watt.The average solar panel system size in Fletcher is around 6.9 kilowatts, meaning a cost of about $16,863 for a solar installation, or $24,114 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Fletcher homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $18,000 on energy bills over 20 years, many homeowners in Fletcher find going solar has a decent ROI.
To get a free estimate from a highly rated solar installation company in Fletcher, you can click the button below.
Solar savings over time in Fletcher
| Year | Return on Investment |
|---|---|
| 1 years | $-15,441 |
| 3 years | $-12,598 |
| 5 years | $-9,755 |
| 7 years | $-6,913 |
| 9 years | $-4,070 |
| 11 years | $-1,227 |
| 13 years | $1,616 |
| 15 years | $4,459 |
| 17 years | $7,302 |
| 19 years | $10,145 |
| 21 years | $12,988 |
| 23 years | $15,830 |
| 25 years | $18,673 |
Top Solar Installers in Fletcher
Many homeowners opt for a solar panel installer since installing solar panels on your own can be time-consuming. The expertise that solar companies offer can be helpful as well, especially if you don’t quite know what brand of solar equipment you need.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Fletcher:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Fletcher
Factors that Affect Solar Panel Costs in Fletcher
Though the average cost of a solar system in Fletcher is $16,863, your final cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Fletcher, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. 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 choice because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Fletcher, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that has the products, warranties and services you’re looking for 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 | $3.65 | $15,332 | $12,605 | 13.7 years |
| 8 kW | $3.58 | $20,049 | $17,200 | 13.5 years |
| 10 kW | $3.51 | $24,570 | $21,992 | 13.2 years |
| 12 kW | $3.44 | $28,894 | $26,979 | 12.9 years |
| 14 kW | $3.37 | $33,022 | $32,164 | 12.7 years |
| 16 kW | $3.30 | $36,953 | $37,545 | 12.4 years |
| 18 kW | $3.23 | $40,688 | $43,123 | 12.1 years |
| 20 kW | $3.16 | $44,226 | $48,897 | 11.9 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, such as:
- Contract: It’s important to read through your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Solar Panel Brands: The model of solar panel you need to get plays a part in which installer you should go with, since different companies have different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Warranty: If you’re concerned about the longevity of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Fletcher, NC Solar Cost FAQs
What is the average cost of installing solar panels in Fletcher?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,550 for a 5-kW system and $35,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Fletcher?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
How much can I save on energy bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Fletcher, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.