Solar Panel Cost Guide in North Augusta, SC (2024 Update)
- North Augusta Solar Installation Cost: $19,112
- 25-Year Savings: $31,903
- Payback Period: 10.2 Years
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Average Cost of Solar Panels in North Augusta
See how much it might cost to go solar in North Augusta.
Although the national average of solar panels is $2.66 per watt, solar panels in North Augusta typically cost around 3.Because a 7.9-kW system is needed to cover the energy consumption of a typical home in North Augusta, the average price of going solar will be about $19,112 after claiming the federal solar tax credit of 0.
These figures are just estimates, and your own solar costs may look different based on your specific situation and what company you choose to go with.But, once you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $24,000 over 20 years on power bills.
To receive a free estimate from a vetted solar installer in North Augusta, you can click the button below.
Solar savings over time in North Augusta
| Year | Return on Investment |
|---|---|
| 1 years | $-17,371 |
| 3 years | $-13,890 |
| 5 years | $-10,410 |
| 7 years | $-6,929 |
| 9 years | $-3,448 |
| 11 years | $33 |
| 13 years | $3,514 |
| 15 years | $6,994 |
| 17 years | $10,475 |
| 19 years | $13,956 |
| 21 years | $17,437 |
| 23 years | $20,918 |
| 25 years | $24,398 |
Top Solar Installers in North Augusta
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make switching to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance over time.
If you're looking for a solar installer in North Augusta, the EcoWatch team has put together a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in North Augusta
Factors that Affect Solar Panel Costs in North Augusta
There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need 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 $3,450.The brand of solar panels and equipment you want is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on 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
Many homeowners find the average cost of solar in North Augusta to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company 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 operating throughout North Augusta, and each can charge different amounts for labor and equipment.You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, 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 | $3.59 | $15,070 | $20,542 | 10.6 years |
| 8 kW | $3.52 | $19,706 | $27,776 | 10.4 years |
| 10 kW | $3.45 | $24,150 | $35,203 | 10.2 years |
| 12 kW | $3.38 | $28,400 | $42,823 | 10.0 years |
| 14 kW | $3.31 | $32,458 | $50,636 | 9.8 years |
| 16 kW | $3.24 | $36,322 | $58,642 | 9.6 years |
| 18 kW | $3.17 | $39,992 | $66,842 | 9.4 years |
| 20 kW | $3.11 | $43,470 | $75,235 | 9.2 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 a tough decision, we have some tips to help you, such as:
- Warranty: If you’re concerned about the endurance of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's North Augusta, SC Solar Cost FAQs
How much does it cost to install solar panels in North Augusta?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $17,250 for a 5-kW system and $34,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in North Augusta?
Leasing solar panels can be an appealing choice, because it typically 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 way to go if you want to get the most savings.
Is it worth going solar in North Augusta?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs 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 account for 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.