Solar Panels in
Norwood, NC

Updated 11/21/2020

How much do solar panels cost in Norwood, NC in 2020?

As of November 2020, the average solar panel cost in Norwood, NC is $2.76/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Norwood, NC ranges in cost from $11,730 to $15,870, with the average gross price for solar in Norwood, NC coming in at $13,800. 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 Norwood, NC

System Size System Cost System Cost (after ITC)
3 kW $8,280 $6,127
4 kW $11,040 $8,170
5 kW $13,800 $10,212
6 kW $16,560 $12,254
7 kW $19,320 $14,297
8 kW $22,080 $16,339
9 kW $24,840 $18,382
10 kW $27,600 $20,424

2020 average solar panel cost graph in Norwood, NC

for a 5kW system

Great Price
$11,730 or less
Market Average
$13,800
Above Market
$15,870 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

11.21 Years

20-Year Savings

$23,098

Cost per Watt

$2.76

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Top solar installers in Norwood, NC

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True Cost of Solar Guide™ for North Carolina

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Don’t get sold on the hype! Find out what solar should actually cost before you talk to your first sales rep. This PDF worksheet will walk you through the simple calculations you can make to determine what size solar PV system you need, and approximately how much it should cost.