Solar Panel Cost Guide in Blendon, OH (2023 Update)
- Blendon Solar Installation Cost: $13,530
- 25-Year Savings: $19,788
- Payback Period: 10.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Blendon
Let's take a look at the average cost of solar panels in Blendon.
The national average cost of solar panels is $2.66 per watt, but in Blendon it's 2.56 per watt. To account for the typical energy usage of the average home in Blendon, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $13,530, or $19,348 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Blendon homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Even with the significant initial cost, the average Blendon homeowner can save about $17,000 on their energy bills over 20 years, which is one of the positives of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Blendon
| Year | Return on Investment |
|---|---|
| 1 years | $-12,197 |
| 3 years | $-9,531 |
| 5 years | $-6,866 |
| 7 years | $-4,201 |
| 9 years | $-1,535 |
| 11 years | $1,130 |
| 13 years | $3,796 |
| 15 years | $6,461 |
| 17 years | $9,126 |
| 19 years | $11,792 |
| 21 years | $14,457 |
| 23 years | $17,123 |
| 25 years | $19,788 |
Top Solar Installers in Blendon
Many homeowners opt for a solar installation company since installing solar panels yourself can be a labor-intensive endeavor. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
If you're on the hunt for a solar company in Blendon, the EcoWatch team has organized 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Blendon
Factors that Affect Solar Panel Costs in Blendon
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that will push your cost above or below the average in Blendon: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to get 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
Many homeowners find the average cost of solar in Blendon to be too costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Blendon is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services for different budgets. Larger national companies generally have lower costs, but some local companies keep up with 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 | $2.66 | $11,182 | $15,307 | 10.6 years |
| 8 kW | $2.61 | $14,623 | $20,696 | 10.4 years |
| 10 kW | $2.56 | $17,920 | $26,228 | 10.1 years |
| 12 kW | $2.51 | $21,074 | $31,903 | 9.9 years |
| 14 kW | $2.46 | $24,084 | $37,722 | 9.7 years |
| 16 kW | $2.41 | $26,952 | $43,685 | 9.5 years |
| 18 kW | $2.36 | $29,676 | $49,791 | 9.3 years |
| 20 kW | $2.30 | $32,256 | $56,040 | 9.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Solar Panel Brands: Not all solar installers 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 opt for.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Blendon, OH Solar Cost FAQs
How much does it cost to install solar panels in Blendon?
This is a difficult 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 additional solar equipment or more efficient 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.
Are solar panels free in Blendon?
Solar panels aren't free in Blendon, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will installing solar panels impact my home value?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home 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.