Best 5 Solar Companies in High Point, NC

How To Choose the Best Solar Company in High Point

The price and efficiency of solar panels often rely on which company mounted them. Here are some important factors to consider while shopping for a solar installer.

Licensing and Training

A licensed electrical contractor in North Carolina may oversee home solar photovoltaic installations in North Carolina if they have the relevant classification from the North Carolina State Board of Examiners of Electrical Contractors. You should also visit a company's website to learn about its private certifications. Two of the most prestigious are the PV Installation Professional and Solar Heating Installer certificates, backed by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in High Point

Your photovoltaic panels' style will influence how much electricity you can produce. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.

Additional components, such as electric vehicle (EV) chargers and battery storage, will raise your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar providers include these optional components, so look for a company that installs them if it's essential for you.

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

Financing Solar Energy in High Point

Solar providers offer multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are cash payments, solar leases, solar loans and power purchase agreements (PPAs). We recommend paying with cash or securing a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar panel incentives to reduce your total costs. Solar loans are another good option if you don’t want to make a big initial investment. You can pay for your system in monthly installments while still benefiting from energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases let you use your panels for a fixed monthly rate, while PPAs let you pay just for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Look for installers that offer two or more payment plans to find the right fit for your budget.

The table below lists the average payback periods for different capacities of solar systems in High Point.

You are eligible for a 26% federal solar tax credit for new solar energy equipment until the year 2032. Municipal and state governments and utility companies might also offer discounts, rebates, and dedicated financing plans that could save you more.