Solar Panel Cost Guide in Mount Washington, KY (Jan 2023)

  • Mount Washington Solar Installation Cost: $15,676
  • 25-Year Savings: $21,868
  • Payback Period: 10.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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Average Cost of Solar Panels in Mount Washington

We go over average solar pricing in Mount Washington.

Although the national average of solar panels is $2.66 per watt, solar panels in Mount Washington typically cost about $2. The average solar panel system size in Mount Washington is around 9.6 kilowatts, meaning a cost of about $15,676 for a solar installation, or $11,600 after the 30% federal solar tax credit is applied.

These figures are only estimates, and the cost of going solar for you will most likely vary based on your energy needs and what company you want to go with. With typical savings of about $15,000 on energy bills over 20 years, many homeowners in Mount Washington find going solar has a decent ROI.

Click the button below to get connected to a vetted solar company in your area for a personalized quote.

Solar savings over time in Mount Washington

Year Return on Investment
1 years $-14,174
3 years $-11,170
5 years $-8,167
7 years $-5,163
9 years $-2,160
11 years $843
13 years $3,847
15 years $6,850
17 years $9,854
19 years $12,857
21 years $15,861
23 years $18,864
25 years $21,868

Top Solar Installers in Mount Washington

Many homeowners decide to use a solar installer since installing solar panels on your own can be hard. Another advantage of going with a solar installer is that they can help you make the most of your return of investment by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.

You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Mount Washington

Factors that Affect Solar Panel Costs in Mount Washington

For many Mount Washington homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Mount Washington, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require 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 $2,340. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Mount Washington, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Many homeowners find the average cost of solar in Mount Washington to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest. While solar loans make going solar more accessible for Mount Washington homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

Lastly, the company you hire to install your solar panels can play a part in determining how much you pay. Mount Washington's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 $2.43 $10,221 $13,313 10.9 years
8 kW $2.39 $13,366 $18,013 10.6 years
10 kW $2.34 $16,380 $22,843 10.4 years
12 kW $2.29 $19,263 $27,805 10.2 years
14 kW $2.25 $22,015 $32,898 10.0 years
16 kW $2.20 $24,636 $38,122 9.8 years
18 kW $2.15 $27,125 $43,477 9.6 years
20 kW $2.11 $29,484 $48,963 9.4 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:

  • Solar Panel Brands: Different companies have different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
  • Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Mount Washington, KY Solar Cost FAQs

What is the average cost of installing solar panels in Mount Washington?

The average cost of solar panels in Mount Washington is about $11,700 for a 5-kW system and $23,400 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Mount Washington?

A solar panel system isn't free in Mount Washington, 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 help lower the cost.

Can you sell solar power back to the grid in Mount Washington?

The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy needs 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.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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