Solar Panel Cost Guide in Avon, OH (2023 Update)
- Avon Solar Installation Cost: $12,682
- 25-Year Savings: $14,226
- Payback Period: 11.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Avon
Let's have a look at the average cost of solar panels in Avon.
The average cost of solar panels in Avon is 2.56 per watt. The average solar panel system size in Avon is around 7.1 kilowatts, meaning a cost of about $12,687 for a solar installation, or $18,142 before the 30% federal solar tax credit is applied.
The actual price you pay can be higher or lower than the average in Avon based on several factors, such as the type of solar panels you choose and the solar installer you hire. Even with the significant initial cost, the average Avon homeowner can save about $14,000 on their energy bills over 20 years, which is one of the advantages of solar.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Avon
| Year | Return on Investment |
|---|---|
| 1 years | $-12,593 |
| 3 years | $-12,413 |
| 5 years | $-12,234 |
| 7 years | $-12,054 |
| 9 years | $-11,875 |
| 11 years | $-11,696 |
| 13 years | $-11,516 |
| 15 years | $-11,337 |
| 17 years | $-11,157 |
| 19 years | $-10,978 |
| 21 years | $-10,799 |
| 23 years | $-10,619 |
| 25 years | $-10,440 |
Top Solar Installers in Avon
Although it's possible to install solar panels by yourself, it requires extra labor and handiness. For that reason, most homeowners choose to hire a solar panel installer. The expertise that solar companies provide can be useful as well, especially if you aren't sure what type of solar equipment would be right for your home.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Avon:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Avon
Factors that Affect Solar Panel Costs in Avon
For many Avon homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Avon, 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
When it comes to estimating the cost of a solar system in Avon, 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 gauge by looking at past energy bills. Your total cost can increase by around $2,560 for each additional kilowatt you need. The brand and kind 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 are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Avon have solar loans, which reduce the initial cost of installing solar. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Avon, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Some companies 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 with an above-average cost. It's best to do some research and find a company that offers the products, warranties and services you're looking for and also fit into 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 | $2.66 | $11,182 | $11,631 | 12.3 years |
| 8 kW | $2.61 | $14,623 | $15,794 | 12.0 years |
| 10 kW | $2.56 | $17,920 | $20,101 | 11.8 years |
| 12 kW | $2.51 | $21,074 | $24,552 | 11.5 years |
| 14 kW | $2.46 | $24,084 | $29,146 | 11.3 years |
| 16 kW | $2.41 | $26,952 | $33,883 | 11.1 years |
| 18 kW | $2.36 | $29,676 | $38,763 | 10.8 years |
| 20 kW | $2.30 | $32,256 | $43,787 | 10.6 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project timeline.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Contract: It's important to read through your solar installer's contract carefully 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
EcoWatch's Avon, OH Solar Cost FAQs
How much does it cost to install solar panels in Avon?
This is a hard question to answer precisely, because the cost depends on a variety of 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. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Avon?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Does Avon have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Avon?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.