Solar Panel Cost Guide in Whispering Pines, NC (2024 Update)
- Whispering Pines Solar Installation Cost: $16,975
- 25-Year Savings: $22,870
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Whispering Pines
Find out how much it might cost to go solar in Whispering Pines.
The average cost of a solar panel system in Whispering Pines is 4 per watt.The average Whispering Pines homeowner needs a 6.9-kilowatt system, which would cost about $16,975 with the federal tax credit, or $24,274 before the 0 tax credit is applied.
These figures are just estimates, and your own solar costs will most likely differ based on your specific situation and what company you go with.With typical savings of about $19,000 on power bills over 20 years, many homeowners in Whispering Pines find investing in solar has a decent ROI.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Whispering Pines
| Year | Return on Investment |
|---|---|
| 1 years | $-15,504 |
| 3 years | $-12,561 |
| 5 years | $-9,619 |
| 7 years | $-6,677 |
| 9 years | $-3,735 |
| 11 years | $-793 |
| 13 years | $2,150 |
| 15 years | $5,092 |
| 17 years | $8,034 |
| 19 years | $10,976 |
| 21 years | $13,918 |
| 23 years | $16,861 |
| 25 years | $19,803 |
Top Solar Installers in Whispering Pines
Although it's possible to install solar panels yourself, it requires extra energy and knowledge. Because of that, almost all homeowners choose to hire a solar panel installer. Some solar companies, particularly local ones, can help you make the most of incentives in Whispering Pines, therefore optimizing your ROI.
If you’d like to go solar but still aren’t sure which solar system company to go with, here are our recommendations for providers nearby:
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 Whispering Pines
Factors that Affect Solar Panel Costs in Whispering Pines
For many Whispering Pines homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Whispering Pines, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar 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 $3,510. The type of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. 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 searching for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Whispering Pines, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can influence the cost. Whispering Pines’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment 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 | $3.65 | $15,332 | $15,198 | 12.6 years |
| 8 kW | $3.58 | $20,049 | $20,658 | 12.3 years |
| 10 kW | $3.51 | $24,570 | $26,313 | 12.1 years |
| 12 kW | $3.44 | $28,894 | $32,166 | 11.8 years |
| 14 kW | $3.37 | $33,022 | $38,215 | 11.6 years |
| 16 kW | $3.30 | $36,953 | $44,460 | 11.3 years |
| 18 kW | $3.23 | $40,688 | $50,902 | 11.1 years |
| 20 kW | $3.16 | $44,226 | $57,541 | 10.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
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 Whispering Pines, NC Solar Cost FAQs
How much does it cost to install solar panels in Whispering Pines?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly 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 cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Whispering Pines?
A solar panel system isn’t free in Whispering Pines, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on power bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Whispering Pines, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact 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 how much sunlight your roof gets. You can take a 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.