Solar Panel Cost Guide in Blacklick Estates, OH (2024 Update)
- Blacklick Estates Solar Installation Cost: $18,014
- 25-Year Savings: $19,859
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Blacklick Estates
Let’s take a look at the average cost of solar panels in Blacklick Estates.
While the national average of solar panels is $2.66 per watt, solar panels in Blacklick Estates generally cost around 3.The average solar panel system size in Blacklick Estates is around 7.5 kilowatts, meaning a cost of about $18,014 for a solar installation, or $25,760 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of installing solar panels can vary depending on a few factors, such as what size system you need, your energy consumption and what company you go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Blacklick Estates can save around $17,000 on their energy bills over 20 years.
To receive a free estimate from a highly rated solar installer in Blacklick Estates, you can click the button below.
Solar savings over time in Blacklick Estates
Year | Return on Investment |
---|---|
1 years | $-16,785 |
3 years | $-14,328 |
5 years | $-11,870 |
7 years | $-9,413 |
9 years | $-6,956 |
11 years | $-4,498 |
13 years | $-2,041 |
15 years | $417 |
17 years | $2,874 |
19 years | $5,331 |
21 years | $7,789 |
23 years | $10,246 |
25 years | $12,704 |
Top Solar Installers in Blacklick Estates
Although it's possible to install solar panels by yourself, it requires extra effort and know-how. That's why most people choose to hire a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance over time.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Blacklick Estates
Factors that Affect Solar Panel Costs in Blacklick Estates
For many Blacklick Estates homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Blacklick Estates, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $3,410 per kilowatt in Blacklick Estates.The model of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about 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
Many homeowners find the average cost of solar in Blacklick Estates to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest.While solar loans make adopting solar energy more accessible for Blacklick Estates homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Blacklick Estates, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.The company’s size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $11,646 | 14.0 years |
8 kW | $3.48 | $19,478 | $15,910 | 13.8 years |
10 kW | $3.41 | $23,870 | $20,364 | 13.5 years |
12 kW | $3.34 | $28,071 | $25,010 | 13.2 years |
14 kW | $3.27 | $32,081 | $29,847 | 13.0 years |
16 kW | $3.21 | $35,900 | $34,874 | 12.7 years |
18 kW | $3.14 | $39,529 | $40,093 | 12.4 years |
20 kW | $3.07 | $42,966 | $45,503 | 12.1 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Blacklick Estates, 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:
- Contract: Although 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 how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Blacklick Estates, OH Solar Cost FAQs
What is the average cost of installing solar panels in Blacklick Estates?
This is a hard question to answer exactly, because the cost depends on many 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Blacklick Estates?
You can’t get solar panels for free in Blacklick Estates. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Blacklick Estates, that will require at least a 10-kW system. Not all homes 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 do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household 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.