Solar Panel Cost Guide in Ashville, OH (2024 Update)
- Ashville Solar Installation Cost: $17,891
- 25-Year Savings: $21,187
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Ashville
See how much it might cost to go solar in Ashville.
The average cost of a solar panel system in Ashville is 3 per watt.Because a 7.5-kW system is needed to cover the energy usage of a typical home in Ashville, the average price of going solar will be about $17,891 after claiming the federal solar tax credit of 0.
These figures are only averages, and your own solar costs will most likely look different based on your energy needs and what company you choose to go with.For most homeowners, the upfront investment in solar is worth paying. On average Ashville homeowners see about $18,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a custom estimate.
Solar savings over time in Ashville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,559 |
| 3 years | $-13,895 |
| 5 years | $-11,231 |
| 7 years | $-8,566 |
| 9 years | $-5,902 |
| 11 years | $-3,238 |
| 13 years | $-574 |
| 15 years | $2,091 |
| 17 years | $4,755 |
| 19 years | $7,419 |
| 21 years | $10,083 |
| 23 years | $12,748 |
| 25 years | $15,412 |
Top Solar Installers in Ashville
Trying to put up solar panels by yourself can be a challenging undertaking, which is why getting a solar installation company is a good option for many homeowners. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Ashville
Factors that Affect Solar Panel Costs in Ashville
For many Ashville homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Ashville, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Ashville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can figure out by looking at past energy bills. Your total cost can increase by around $3,410 for each additional kilowatt you need.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the Ashville average.
Solar Financing Terms
Most solar installers in Ashville offer solar loans, which reduce the initial cost of installing solar panels.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 more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that provides the products, warranties and services you’re looking for and also is within your budget.
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 | $12,817 | 13.4 years |
| 8 kW | $3.48 | $19,478 | $17,471 | 13.2 years |
| 10 kW | $3.41 | $23,870 | $22,317 | 12.9 years |
| 12 kW | $3.34 | $28,071 | $27,353 | 12.7 years |
| 14 kW | $3.27 | $32,081 | $32,580 | 12.4 years |
| 16 kW | $3.21 | $35,900 | $37,998 | 12.1 years |
| 18 kW | $3.14 | $39,529 | $43,607 | 11.9 years |
| 20 kW | $3.07 | $42,966 | $49,407 | 11.6 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose significantly affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The brand of solar panel you want plays a role in which installer you should choose, since different companies have different panels.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, project timeline rebates and warranties.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Ashville, OH Solar Cost FAQs
How much does it cost to install solar panels in Ashville?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly 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 additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels completely eradicate my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Ashville, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.