Solar Panel Cost Guide in Apple Valley, OH (2024 Update)
- Apple Valley Solar Installation Cost: $18,277
- 25-Year Savings: $16,203
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Apple Valley
Let’s have a look at the average cost of solar 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 3 per watt.Using this figure, a typical 7.7-kW system would cost about $18,277 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Apple Valley based on a variety of factors, such as the brand of solar panels you choose and the solar installer you hire.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Apple Valley see about $15,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Apple Valley for a quote for your home.
Solar savings over time in Apple Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-17,056 |
| 3 years | $-14,616 |
| 5 years | $-12,176 |
| 7 years | $-9,735 |
| 9 years | $-7,295 |
| 11 years | $-4,854 |
| 13 years | $-2,414 |
| 15 years | $27 |
| 17 years | $2,467 |
| 19 years | $4,908 |
| 21 years | $7,348 |
| 23 years | $9,789 |
| 25 years | $12,229 |
Top Solar Installers in Apple Valley
Trying to install solar panels by yourself can be a challenging task, which is why using a solar installation company is a good option for many homeowners. Because solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems 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 higher efficiency or power generation 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 $3,410.The kind 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 energy bills. In addition, add-on products, such as solar batteries, can bring your total well above the Apple Valley average.
Solar Financing Terms
Many homeowners find the average cost of solar in Apple Valley to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Apple Valley is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that offer a range of services for different budgets.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $3.55 | $14,895 | $8,554 | 15.9 years |
| 8 kW | $3.48 | $19,478 | $11,787 | 15.6 years |
| 10 kW | $3.41 | $23,870 | $15,212 | 15.3 years |
| 12 kW | $3.34 | $28,071 | $18,827 | 15.0 years |
| 14 kW | $3.27 | $32,081 | $22,633 | 14.7 years |
| 16 kW | $3.21 | $35,900 | $26,630 | 14.4 years |
| 18 kW | $3.14 | $39,529 | $30,818 | 14.0 years |
| 20 kW | $3.07 | $42,966 | $35,197 | 13.7 years |
How to Save on Solar Panels
The solar installer you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:
- Warranty: If you’re worried about the longevity of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Apple Valley, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.