Solar Panel Cost Guide in Apple Valley, OH (Mar 2023)
- Apple Valley Solar Installation Cost: $13,727
- 25-Year Savings: $16,197
- Payback Period: 11.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Apple Valley
Let's have a look at the average cost of solar panels in Apple Valley.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Apple Valley, the average cost of solar panels is 2.56 per watt. The average Apple Valley homeowner needs a 7.7-kilowatt system, which would cost about $13,727 with the federal tax credit, or $19,630 before the 30% tax credit is applied.
The true cost of your system can go above or below the average in Apple Valley based on a few factors, such as the brand of solar panels you choose and the solar installer you hire. Even with the significant initial cost, the average Apple Valley homeowner can save about $15,000 on their power bills over 20 years, which is one of the perks of solar.
To get a free quote from a top solar installation company in Apple Valley, you can click the button below.
Solar savings over time in Apple Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-12,530 |
| 3 years | $-10,136 |
| 5 years | $-7,742 |
| 7 years | $-5,348 |
| 9 years | $-2,954 |
| 11 years | $-560 |
| 13 years | $1,834 |
| 15 years | $4,228 |
| 17 years | $6,622 |
| 19 years | $9,016 |
| 21 years | $11,409 |
| 23 years | $13,803 |
| 25 years | $16,197 |
Top Solar Installers in Apple Valley
Trying to put up solar panels by yourself can be a difficult undertaking, which is why using a solar installer is a good option for many homeowners. Some solar companies, particularly local ones, can help you make the most of incentives in Apple Valley, therefore optimizing your ROI.
If you'd like to switch to solar energy but still aren't sure which solar installer to go with, here are our suggestions for providers near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Apple Valley
Factors that Affect Solar Panel Costs in Apple Valley
For many Apple Valley homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Apple Valley, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Apple Valley average.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a solid choice because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's wise to add 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
The last key cost factor you should take into consideration is the installer you choose. Given the growing popularity of renewable energy solutions in Apple Valley, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Larger national companies typically 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 additional 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 | $2.66 | $11,182 | $12,267 | 11.9 years |
| 8 kW | $2.61 | $14,623 | $16,643 | 11.7 years |
| 10 kW | $2.56 | $17,920 | $21,162 | 11.5 years |
| 12 kW | $2.51 | $21,074 | $25,824 | 11.2 years |
| 14 kW | $2.46 | $24,084 | $30,630 | 11.0 years |
| 16 kW | $2.41 | $26,952 | $35,579 | 10.8 years |
| 18 kW | $2.36 | $29,676 | $40,671 | 10.5 years |
| 20 kW | $2.30 | $32,256 | $45,907 | 10.3 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Warranty: If you're worried about the durability of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Apple Valley, OH Solar Cost FAQs
How much does it cost to install solar panels in Apple Valley?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How will having solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Apple Valley is currently $157,500, so you can expect a value of about $6,458 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Apple Valley is a worthwhile investment.
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 the amount of sunlight your roof gets. You can take a 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 cover 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.