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
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
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.The average Ashville homeowner needs a 7.5-kilowatt system, which would cost about $17,891 with the federal tax credit, or $25,584 before the 0 tax credit is applied.
These figures are only averages, and the cost of going solar for you will look different based on factors unique to your home and what company you choose to go with.With average savings of about $18,000 on energy bills over 20 years, many homeowners in Ashville find installing solar panels can be quite rewarding.
To get a free estimate from a vetted solar installation company in Ashville, you can click the button below.
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
Although you can install solar panels on your own, it requires extra labor and know-how. Because of that, most people choose to hire a solar panel installer. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
If you're searching for a solar installer in Ashville, the EcoWatch team has put together a list of our top suggestions here:
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 Ashville
Factors that Affect Solar Panel Costs in Ashville
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Ashville: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Ashville, one of the most crucial 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 power bills. Your overall cost can increase by around $3,410 for each additional kilowatt you need.The brand and type of equipment you choose for your solar system can raise or lower 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more 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
If paying for a solar system out of pocket is too expensive, solar loans are an affordable option because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also adds to your total costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Ashville know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $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
There are numerous companies to choose from in Ashville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
- Warranty: If you’re worried about the endurance of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
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 Ashville, OH Solar Cost FAQs
What is the average cost of installing solar panels in Ashville?
This is a difficult question to answer exactly, because the cost depends on a variety of 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 additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost 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.
How much can I save on energy bills after installing solar panels?
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 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 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 how much 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 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.