Solar Panel Cost Guide in Boardman, OH (2025 Update)
- Boardman Solar Installation Cost: $18,726
- 25-Year Savings: $12,379
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in Boardman
Let’s have a look at the average cost of solar panels in Boardman.
The national average cost of solar panels is $2.66 per watt, but in Boardman it’s 3 per watt.The average Boardman homeowner needs a 7.8-kilowatt system, which would cost about $18,726 with the federal tax credit, or $26,778 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary based on several factors, such as how many panels you need, your energy consumption and what company you go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Boardman can save around $13,000 on their energy bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Boardman
| Year | Return on Investment |
|---|---|
| 1 years | $-17,506 |
| 3 years | $-15,065 |
| 5 years | $-12,625 |
| 7 years | $-10,184 |
| 9 years | $-7,744 |
| 11 years | $-5,303 |
| 13 years | $-2,863 |
| 15 years | $-422 |
| 17 years | $2,018 |
| 19 years | $4,459 |
| 21 years | $6,899 |
| 23 years | $9,340 |
| 25 years | $11,780 |
Top Solar Installers in Boardman
Putting up solar panels yourself can be a stressful project, which is why getting a solar installation company is a good option for many homeowners. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you're on the hunt for a solar installer in Boardman, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Boardman
Factors that Affect Solar Panel Costs in Boardman
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Boardman: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Further, 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 researching a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular choice 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 financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Boardman is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for instance, you’ll have no shortage of solar installers that offer a range of services for different budgets.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 | $5,325 | 18.4 years |
| 8 kW | $3.48 | $19,478 | $7,482 | 18.1 years |
| 10 kW | $3.41 | $23,870 | $9,830 | 17.7 years |
| 12 kW | $3.34 | $28,071 | $12,369 | 17.4 years |
| 14 kW | $3.27 | $32,081 | $15,099 | 17.0 years |
| 16 kW | $3.21 | $35,900 | $18,019 | 16.6 years |
| 18 kW | $3.14 | $39,529 | $21,131 | 16.3 years |
| 20 kW | $3.07 | $42,966 | $24,434 | 15.9 years |
How to Save on Solar Panels
The solar company you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a quality company.
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer’s reputation is by reading reviews.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
EcoWatch's Boardman, OH Solar Cost FAQs
How much does it cost to install solar panels in Boardman?
The average cost of solar panels in Boardman 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 type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Boardman is currently $172,559, which means you could be looking at a value of about $7,075 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Boardman is a worthwhile investment.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.