Solar Panel Cost Guide in Hillview, KY (2025 Update)
- Hillview Solar Installation Cost: $24,456
- 25-Year Savings: $21,737
- Payback Period: 16.3 Years
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Average Cost of Solar Panels in Hillview
See how much it might cost to go solar in Hillview.
Although the national average of solar panels is $2.66 per watt, solar panels in Hillview generally cost about 4.The average Hillview homeowner needs a 9.6-kilowatt system, which would cost about $24,456 with the federal tax credit, or $34,972 before the 0 tax credit is applied.
These figures are only estimates, and your own solar costs may look different based on the amount of energy your home requires and what company you choose to go with.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Hillview see about $15,000 in savings on electricity bills over 20 years.
To receive a free estimate from a top solar installer in Hillview, you can click the button below.
Solar savings over time in Hillview
| Year | Return on Investment |
|---|---|
| 1 years | $-22,987 |
| 3 years | $-20,050 |
| 5 years | $-17,112 |
| 7 years | $-14,175 |
| 9 years | $-11,238 |
| 11 years | $-8,300 |
| 13 years | $-5,363 |
| 15 years | $-2,426 |
| 17 years | $511 |
| 19 years | $3,449 |
| 21 years | $6,386 |
| 23 years | $9,323 |
| 25 years | $12,261 |
Top Solar Installers in Hillview
Although you can install solar panels by yourself, it requires extra time and know-how. That's one of the reasons most homeowners choose to hire a solar panel installer. Solar warranties and repairs are typically included in the cost of installation when you opt for a solar company as well, which can save you more money over time.
If you’d like to switch to solar energy but still aren’t sure which solar system installer to go with, here are our suggestions for providers nearby:
See all of the solar companies in Hillview
Factors that Affect Solar Panel Costs in Hillview
There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,650.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Hillview, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular route because they cut back your upfront costs and let you pay for your system over five to seven years on average.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies operating in Hillview, and each can charge different amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.80 | $15,943 | $7,511 | 17.0 years |
| 8 kW | $3.72 | $20,849 | $10,423 | 16.7 years |
| 10 kW | $3.65 | $25,550 | $13,540 | 16.3 years |
| 12 kW | $3.58 | $30,047 | $16,861 | 16.0 years |
| 14 kW | $3.50 | $34,339 | $20,387 | 15.7 years |
| 16 kW | $3.43 | $38,427 | $24,117 | 15.4 years |
| 18 kW | $3.36 | $42,311 | $28,051 | 15.0 years |
| 20 kW | $3.29 | $45,990 | $32,190 | 14.7 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality company.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Solar Panel Brands: The brand of solar panel you need plays a role in which company you should choose, since different companies provide different panels.
EcoWatch's Hillview, KY Solar Cost FAQs
How much does it cost to install solar panels in Hillview?
This is a tough question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Hillview?
A solar panel system isn’t free in Hillview, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Hillview?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.