Solar Panel Cost Guide in Bellevue, OH (2024 Update)
- Bellevue Solar Installation Cost: $17,012
- 25-Year Savings: $17,698
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Bellevue
Let’s have a look at the average cost of solar panels in Bellevue.
The national average cost of solar panels is $2.66 per watt, but in Bellevue it’s 3 per watt.Using this figure, a typical 7.1-kW system would cost about $17,012 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Bellevue homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $16,000 on utility bills over 20 years, many homeowners in Bellevue find investing in solar has a decent ROI.
You can click the button below to get connected with a pre-vetted solar installer in Bellevue for a quote for your home.
Solar savings over time in Bellevue
| Year | Return on Investment |
|---|---|
| 1 years | $-15,791 |
| 3 years | $-13,351 |
| 5 years | $-10,910 |
| 7 years | $-8,470 |
| 9 years | $-6,030 |
| 11 years | $-3,589 |
| 13 years | $-1,149 |
| 15 years | $1,292 |
| 17 years | $3,732 |
| 19 years | $6,173 |
| 21 years | $8,613 |
| 23 years | $11,054 |
| 25 years | $13,494 |
Top Solar Installers in Bellevue
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using an installer can make swapping over to solar power much easier. A solar installer can also help save you money over time by providing warranties, repairs and part replacements.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Bellevue
Factors that Affect Solar Panel Costs in Bellevue
The cost of installing a solar system in Bellevue can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,410.The kind of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid option because they cut back your upfront costs and let you pay for your system over five to seven years on average.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Bellevue, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $10,757 | 14.5 years |
| 8 kW | $3.48 | $19,478 | $14,725 | 14.2 years |
| 10 kW | $3.41 | $23,870 | $18,883 | 14.0 years |
| 12 kW | $3.34 | $28,071 | $23,233 | 13.7 years |
| 14 kW | $3.27 | $32,081 | $27,773 | 13.4 years |
| 16 kW | $3.21 | $35,900 | $32,505 | 13.1 years |
| 18 kW | $3.14 | $39,529 | $37,427 | 12.8 years |
| 20 kW | $3.07 | $42,966 | $42,541 | 12.6 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Bellevue, OH Solar Cost FAQs
How much does it cost to install solar panels in Bellevue?
The average cost of solar panels in Bellevue is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is it worth going solar in Bellevue?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 get 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.