Best 5 Solar Companies in Fuquay-Varina, NC

How To Choose the Best Solar Company in Fuquay-Varina

Choosing a company is the first step toward an effective and valuable solar system. Consider all of these criteria in your company search.

Licensing and Training

A licensed electrical contractor in North Carolina may manage home solar PV installations in North Carolina if they have the pertinent classification from the North Carolina State Board of Examiners of Electrical Contractors. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Fuquay-Varina

The kind of solar panels you select determines how much power you can generate. Monocrystalline panels and high-quality and give you the best performance but cost more upfront. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.

Additional components, such as electric vehicle (EV) chargers and battery storage, will increase your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar contractors provide these additional features, so look for a provider that installs them if it's a priority for you.

You can plan to spend about $17,550 on average for a five-kilowatt solar energy system in Fuquay-Varina. Check the table in this section to get an idea of the amount Fuquay-Varina solar companies might quote for your specific solar system's price.

Financing Solar Energy in Fuquay-Varina

Solar providers use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are cash payments, power purchase agreements (PPAs), solar loans and solar leases. Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a home or auto loan, you'll pay a set monthly rate with potentially $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in certain circumstances. We recommend working with a provider that offers multiple financing options. Ask each salesperson about what's available, and obtain more than one estimate for the best odds of staying within your spending limits.

The table below lists the average payback periods for different capacities of solar systems in Fuquay-Varina.

A 26% federal solar tax credit applies to recently-purchased solar equipment purchased through 2032. Further incentives may be available through local governments, usually in the form of rebates and special financing programs.