Solar Panel Cost Guide in Jamestown, NC (2024 Update)
- Jamestown Solar Installation Cost: $17,128
- 25-Year Savings: $20,173
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in Jamestown
We break down average solar pricing in Jamestown.
The average cost of a solar panel system in Jamestown is 4 per watt.Because a 7.0-kW system is needed to cover the energy usage of a typical home in Jamestown, the average price of going solar will be about $17,128 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of installing solar panels can vary depending on several factors, such as how many panels you need, your energy usage and what company you go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Jamestown can save around $18,000 on their energy bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Jamestown
| Year | Return on Investment |
|---|---|
| 1 years | $-15,806 |
| 3 years | $-13,162 |
| 5 years | $-10,518 |
| 7 years | $-7,873 |
| 9 years | $-5,229 |
| 11 years | $-2,585 |
| 13 years | $59 |
| 15 years | $2,704 |
| 17 years | $5,348 |
| 19 years | $7,992 |
| 21 years | $10,636 |
| 23 years | $13,281 |
| 25 years | $15,925 |
Top Solar Installers in Jamestown
Trying to put up solar panels on your own can be a challenging task, which is why getting a solar installer is a good option for many homeowners. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over time.
If you're on the hunt for a solar company in Jamestown, we've organized a list of our top suggestions here:
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Jamestown
Factors that Affect Solar Panel Costs in Jamestown
Although the average cost of a solar system in Jamestown is $17,128, your final cost may differ. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,510 per kilowatt in Jamestown.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Jamestown, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your total costs, so it’s vital to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Jamestown, and each can charge varying amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $12,699 | 13.7 years |
| 8 kW | $3.58 | $20,049 | $17,325 | 13.4 years |
| 10 kW | $3.51 | $24,570 | $22,148 | 13.1 years |
| 12 kW | $3.44 | $28,894 | $27,167 | 12.9 years |
| 14 kW | $3.37 | $33,022 | $32,383 | 12.6 years |
| 16 kW | $3.30 | $36,953 | $37,795 | 12.4 years |
| 18 kW | $3.23 | $40,688 | $43,404 | 12.1 years |
| 20 kW | $3.16 | $44,226 | $49,209 | 11.8 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose considerably impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies will offer various brands and kinds of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Jamestown, NC Solar Cost FAQs
What is the average cost of installing solar panels in Jamestown?
The average cost of solar panels in Jamestown is about $17,550 for a 5-kW system and $35,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Jamestown?
You can’t get solar panels for free in Jamestown. 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’d rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Jamestown?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Jamestown?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce 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.