Solar Panel Cost Guide in Adams, OH (2023 Update)
- Adams Solar Installation Cost: $13,396
- 25-Year Savings: $11,878
- Payback Period: 13.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Adams
We break down average solar pricing in Adams.
While the national average of solar panels is $2.66 per watt, solar panels in Adams generally cost about 2.56. To account for the typical energy needs of the average home in Adams, most homeowners require a 7.5-kilowatt system. Using the figure above, a solar installation costs about $13,404, or $19,168 before the federal solar tax credit of 30% is applied.
The true price you pay can be above or below the average in Adams depending on a variety of factors, such as the brand of solar panels you choose and the solar company you hire. Despite the large initial cost, the average Adams homeowner can save about $13,000 on their energy bills over 20 years, which is one of the advantages of solar.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Adams
| Year | Return on Investment |
|---|---|
| 1 years | $-13,312 |
| 3 years | $-13,143 |
| 5 years | $-12,975 |
| 7 years | $-12,806 |
| 9 years | $-12,638 |
| 11 years | $-12,469 |
| 13 years | $-12,301 |
| 15 years | $-12,132 |
| 17 years | $-11,964 |
| 19 years | $-11,795 |
| 21 years | $-11,627 |
| 23 years | $-11,458 |
| 25 years | $-11,290 |
Top Solar Installers in Adams
Many homeowners choose to use a solar installer since installing solar panels on your own can be a lot of work. Another advantage of utilizing a solar company is that they can help you optimize your return of investment by cutting back on future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Adams
Factors that Affect Solar Panel Costs in Adams
The cost of installing a solar system in Adams can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Adams to be too steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in higher prices over time because of interest. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Adams is the company you choose to install your PV system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services for different budgets. Additionally, some companies in Adams are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.66 | $11,182 | $9,103 | 13.8 years |
| 8 kW | $2.61 | $14,623 | $12,424 | 13.5 years |
| 10 kW | $2.56 | $17,920 | $15,889 | 13.3 years |
| 12 kW | $2.51 | $21,074 | $19,497 | 13.0 years |
| 14 kW | $2.46 | $24,084 | $23,248 | 12.7 years |
| 16 kW | $2.41 | $26,952 | $27,143 | 12.5 years |
| 18 kW | $2.36 | $29,676 | $31,181 | 12.2 years |
| 20 kW | $2.30 | $32,256 | $35,362 | 11.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Adams, OH Solar Cost FAQs
What is the average cost of installing solar panels in Adams?
The average cost of solar panels in Adams is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Adams?
You can't get solar panels for free in Adams. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Adams?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.