Solar Panels in
Siler City, NC

Updated 1/15/2022

How much do solar panels cost in Siler City, NC in 2022?

As of January 2022, the average solar panel cost in Siler City, NC is $2.56/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Siler City, NC ranges in cost from $10,880 to $14,720, with the average gross price for solar in Siler City, NC coming in at $12,800. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Siler City, NC

System Size System Cost System Cost (after ITC)
3 kW $7,680 $5,683
4 kW $10,240 $7,578
5 kW $12,800 $9,472
6 kW $15,360 $11,366
7 kW $17,920 $13,261
8 kW $20,480 $15,155
9 kW $23,040 $17,050
10 kW $25,600 $18,944

2022 average solar panel cost graph in Siler City, NC

for a 5kW system

Great Price
$10,880 or less
Market Average
$12,800
Above Market
$14,720 or more

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local NC incentives, tax credits & rebates.

Payback Period

10.71 Years

20-Year Savings

$23,109

Cost per Watt

$2.56

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