Solar Panel Cost Guide in Ashland, OH (Feb 2023)

  • Ashland Solar Installation Cost: $13,780
  • 25-Year Savings: $16,746
  • Payback Period: 11.3 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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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Ashland

Find out how much it might cost to switch to solar power in Ashland.

Although the national average of solar panels is $2.66 per watt, solar panels in Ashland generally cost about $3. The average solar panel system size in Ashland is around 7.7 kilowatts, meaning a cost of about $13,780 for a solar installation, or $10,197 after the 30% federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Ashland homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Ashland can save about $15,000 on their electricity bills over 20 years.

To calculate your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Ashland

Year Return on Investment
1 years $-12,559
3 years $-10,117
5 years $-7,675
7 years $-5,233
9 years $-2,791
11 years $-349
13 years $2,093
15 years $4,535
17 years $6,977
19 years $9,419
21 years $11,862
23 years $14,304
25 years $16,746

Top Solar Installers in Ashland

When going solar, many homeowners choose to go with a solar installation company since DIY solar panel installation can be a challenging project. Some solar installers, especially local ones, can help you take advantage of incentives in Ashland, therefore optimizing your ROI.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Ashland

Factors that Affect Solar Panel Costs in Ashland

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

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Ashland, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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

For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Ashland, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's crucial to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

The solar installation company you choose will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 $12,627 11.7 years
8 kW $2.61 $14,623 $17,123 11.5 years
10 kW $2.56 $17,920 $21,763 11.3 years
12 kW $2.51 $21,074 $26,545 11.1 years
14 kW $2.46 $24,084 $31,471 10.8 years
16 kW $2.41 $26,952 $36,541 10.6 years
18 kW $2.36 $29,676 $41,753 10.4 years
20 kW $2.30 $32,256 $47,109 10.2 years

How to Save on Solar Panels

Since the model of solar panels and the installation company you choose significantly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
  • Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
  • Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

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 Ashland, OH Solar Cost FAQs

What is the average cost of installing solar panels in Ashland?

The average cost of solar panels in Ashland is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Ashland?

A solar panel system isn't free in Ashland, 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 solar panels significantly reduce my electricity bills?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Ashland, 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 check with a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy usage and the amount of 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 buy 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.

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