Solar Panel Cost Guide in Whiteville, TN (2024 Update)
- Whiteville Solar Installation Cost: $19,334
- 25-Year Savings: $12,831
- Payback Period: 18.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Whiteville
We break down average solar pricing in Whiteville.
The average cost of a solar panel system in Whiteville is 4 per watt.Because a 7.7-kW system is needed to cover the energy consumption of a typical home in Whiteville, the average price of going solar will be about $19,334 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of making the switch to solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy consumption and what installation company you go with.With average savings of about $14,000 on energy bills over 20 years, many homeowners in Whiteville find installing solar panels can be quite rewarding.
Click the button below to get connected to a highly rated solar installer in Whiteville for a custom quote.
Solar savings over time in Whiteville
| Year | Return on Investment |
|---|---|
| 1 years | $-17,636 |
| 3 years | $-14,239 |
| 5 years | $-10,842 |
| 7 years | $-7,445 |
| 9 years | $-4,047 |
| 11 years | $-650 |
| 13 years | $2,747 |
| 15 years | $6,144 |
| 17 years | $9,541 |
| 19 years | $12,938 |
| 21 years | $16,335 |
| 23 years | $19,732 |
| 25 years | $23,129 |
Top Solar Installers in Whiteville
Trying to put up solar panels yourself can be a difficult project, which is why getting a solar installation company is a good option for many homeowners. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Whiteville
Factors that Affect Solar Panel Costs in Whiteville
There are several criteria that can play into your 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
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 with greater efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,580.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Whiteville average.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies operating in Whiteville, and each can charge varying amounts for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that has the products, warranties and services you’re looking for and also fit into your budget.
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 | $4,799 | 19.1 years |
| 8 kW | $3.65 | $20,449 | $6,799 | 18.8 years |
| 10 kW | $3.58 | $25,060 | $9,000 | 18.4 years |
| 12 kW | $3.51 | $29,471 | $11,401 | 18.0 years |
| 14 kW | $3.44 | $33,681 | $14,003 | 17.7 years |
| 16 kW | $3.37 | $37,690 | $16,806 | 17.3 years |
| 18 kW | $3.29 | $41,499 | $19,809 | 16.9 years |
| 20 kW | $3.22 | $45,108 | $23,012 | 16.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Warranty: If you’re concerned about the durability of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Long-running companies likely have a solid 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 support, such as part repairs and replacements.
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 Whiteville, TN Solar Cost FAQs
What is the average cost of installing solar panels in Whiteville?
The average cost of solar panels in Whiteville is about $17,900 for a 5-kW system and $35,800 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Whiteville?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is it worth going solar in Whiteville?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How long do solar panels last in Whiteville?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable 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 continue to use 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.