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.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Blacklick Estates, the average cost of a solar system is 3 per watt.Using this figure, a typical 7.5-kW system would cost about $18,014 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you may vary based on your specific situation and what company you want to go with.Even with the large upfront cost, the average Blacklick Estates homeowner can save around $17,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a vetted solar installer in Blacklick Estates for a quote for your home.
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
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar panel installer can make converting to solar power much easier. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Blacklick Estates
Factors that Affect Solar Panel Costs in Blacklick Estates
Though the average cost of a solar system in Blacklick Estates is $18,014, your actual cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
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 power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,410 per kilowatt in Blacklick Estates.There are many different solar panel brands and the one you choose also affects the cost. In general, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are an affordable route because they lower your upfront costs and let you pay for your system over five to seven years on average.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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The final major 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 lots of options to choose from, but each comes at various price points for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Solar Panel Brands: The type of solar panel you’d like plays a role in which installer you should opt for, since different companies provide different panels.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
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 Blacklick Estates, OH Solar Cost FAQs
How much does it cost to install solar panels in Blacklick Estates?
This is a tough question to answer precisely, 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 other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Blacklick Estates?
Solar panels aren’t free in Blacklick Estates, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels significantly reduce my electricity bills?
It is possible to eliminate 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 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?
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 generally 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.