Solar Panel Cost Guide in Powdersville, SC (2024 Update)
- Powdersville Solar Installation Cost: $19,401
- 25-Year Savings: $30,123
- Payback Period: 10.7 Years
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Average Cost of Solar Panels in Powdersville
We go over average solar pricing in Powdersville.
The average cost of solar panels in Powdersville is 3 per watt.The average solar panel system size in Powdersville is around 8.0 kilowatts, meaning a cost of about $19,401 for a solar installation, or $27,743 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going solar can vary depending on several factors, such as how many panels you need, your energy consumption and what installation company you go with.Despite the significant upfront cost, the average Powdersville homeowner can save about $21,000 on their electricity bills over 20 years, which is one of the positives of solar.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Powdersville
| Year | Return on Investment |
|---|---|
| 1 years | $-17,916 |
| 3 years | $-14,945 |
| 5 years | $-11,975 |
| 7 years | $-9,004 |
| 9 years | $-6,034 |
| 11 years | $-3,063 |
| 13 years | $-93 |
| 15 years | $2,878 |
| 17 years | $5,848 |
| 19 years | $8,819 |
| 21 years | $11,790 |
| 23 years | $14,760 |
| 25 years | $17,731 |
Top Solar Installers in Powdersville
When going solar, many homeowners prefer to go with a solar company since overseeing your solar installation yourself can be a challenging project. The payback period of solar panels will vary based on factors like your roof configuration and energy consumption, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.
If you’d like to make the switch to solar but still aren’t certain which solar panel company to go with, here are our suggestions 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 Powdersville
Factors that Affect Solar Panel Costs in Powdersville
For many Powdersville homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Powdersville, 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
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The model of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, 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 researching a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Powdersville, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.Though solar loans make switching to solar energy more accessible for Powdersville homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Powdersville is the company you hire to install your solar system. Similar to choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that offer a range of services for different budgets.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $18,852 | 11.1 years |
| 8 kW | $3.52 | $19,706 | $25,522 | 10.9 years |
| 10 kW | $3.45 | $24,150 | $32,386 | 10.7 years |
| 12 kW | $3.38 | $28,400 | $39,443 | 10.5 years |
| 14 kW | $3.31 | $32,458 | $46,692 | 10.3 years |
| 16 kW | $3.24 | $36,322 | $54,136 | 10.0 years |
| 18 kW | $3.17 | $39,992 | $61,772 | 9.8 years |
| 20 kW | $3.11 | $43,470 | $69,602 | 9.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar installer. Make sure you understand how the installation process works and the project completion timeline.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Before you sign a contract with a solar installer, be sure to look it over carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
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 Powdersville, SC Solar Cost FAQs
What is the average cost of installing solar panels in Powdersville?
This is a tough question to answer precisely, 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is going solar worth it?
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 long do solar panels last in Powdersville?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.