Solar Panel Cost Guide in Harrogate, TN (2024 Update)
- Harrogate Solar Installation Cost: $20,163
- 25-Year Savings: $5,862
- Payback Period: 25.3 Years
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Average Cost of Solar Panels in Harrogate
Find out what the average cost of a solar system is in Harrogate.
The average cost of solar panels in Harrogate is 4 per watt.Since a 8.0-kW system is needed to cover the energy costs of a typical home in Harrogate, the average price of going solar will be about $20,163 after claiming the federal solar tax credit of 0.
The actual price you pay can be higher or lower than the average in Harrogate depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire.With typical savings of about $9,900 on electricity bills over 20 years, many homeowners in Harrogate find investing in solar can be quite rewarding.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Harrogate
| Year | Return on Investment |
|---|---|
| 1 years | $-18,593 |
| 3 years | $-15,451 |
| 5 years | $-12,309 |
| 7 years | $-9,168 |
| 9 years | $-6,026 |
| 11 years | $-2,885 |
| 13 years | $257 |
| 15 years | $3,398 |
| 17 years | $6,540 |
| 19 years | $9,682 |
| 21 years | $12,823 |
| 23 years | $15,965 |
| 25 years | $19,106 |
Top Solar Installers in Harrogate
Although you can install solar panels yourself, it takes extra energy and know-how. For that reason, most homeowners choose a solar panel installer. Local solar installers can also help you optimize your return on investment by assisting with any local incentives and by offering warranties and repairs.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Harrogate
Factors that Affect Solar Panel Costs in Harrogate
There are a number of factors that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $3,580 per kilowatt in Harrogate.The type of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, 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 falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Harrogate to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.While solar loans make going solar more accessible for Harrogate homeowners, they can also increase 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
Finally, the company you hire to install your solar panel system can affect how much you pay. Harrogate’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually 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 add-on services like electric vehicle 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 | $3.72 | $15,637 | $-808 | 26.4 years |
| 8 kW | $3.65 | $20,449 | $-677 | 25.9 years |
| 10 kW | $3.58 | $25,060 | $-345 | 25.3 years |
| 12 kW | $3.51 | $29,471 | $188 | 24.8 years |
| 14 kW | $3.44 | $33,681 | $921 | 24.3 years |
| 16 kW | $3.37 | $37,690 | $1,854 | 23.8 years |
| 18 kW | $3.29 | $41,499 | $2,988 | 23.3 years |
| 20 kW | $3.22 | $45,108 | $4,322 | 22.8 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: If you care about the durability of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Contract: Before signing a contract with a solar installer, be sure to read it through 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 component breaks or malfunctions and if there are any guarantees about energy production.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Harrogate, TN Solar Cost FAQs
What is the average cost of installing solar panels in Harrogate?
The average cost of solar panels in Harrogate is about $17,900 for a 5-kW system and $35,800 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Harrogate?
Leasing solar panels can be an attractive choice, because it usually 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.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Harrogate is currently $219,007, so you can look forward to a value of about $8,979 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Harrogate is a rewarding investment.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.