Solar Panel Cost Guide in Burton, OH (2023 Update)
- Burton Solar Installation Cost: $13,942
- 25-Year Savings: $13,061
- Payback Period: 12.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Burton
Find out what the average cost of solar panel installation is in Burton.
The average cost of a solar system in Burton is 2.56 per watt. Using this figure, a typical 7.8-kW system would cost about $13,942 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy use, the type of solar system you want, your solar contractor and more. With typical savings of about $13,000 on utility bills over 20 years, many homeowners in Burton find installing solar panels can pay off big.
To receive a free quote from a top solar installer in Burton, you can click the button below.
Solar savings over time in Burton
| Year | Return on Investment |
|---|---|
| 1 years | $-12,862 |
| 3 years | $-10,701 |
| 5 years | $-8,541 |
| 7 years | $-6,381 |
| 9 years | $-4,221 |
| 11 years | $-2,060 |
| 13 years | $100 |
| 15 years | $2,260 |
| 17 years | $4,420 |
| 19 years | $6,581 |
| 21 years | $8,741 |
| 23 years | $10,901 |
| 25 years | $13,061 |
Top Solar Installers in Burton
Installing solar panels yourself can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be right for you.
If you'd like to start using solar energy but still aren't sure which solar installer to go with, here are our suggestions for providers nearby:
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 Burton
Factors that Affect Solar Panel Costs in Burton
The cost of installing a solar system in Burton can vary by more than $10,000 from home to home. Your actual cost depends 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
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Burton offer solar loans, which reduce the initial cost of installing solar panels. You'll have to consider the long-term cost of financing options, including the total 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 securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Burton, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that offers the products, warranties and services you're looking for and also is within your budget.
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 | $9,642 | 13.4 years |
| 8 kW | $2.61 | $14,623 | $13,143 | 13.2 years |
| 10 kW | $2.56 | $17,920 | $16,788 | 12.9 years |
| 12 kW | $2.51 | $21,074 | $20,575 | 12.6 years |
| 14 kW | $2.46 | $24,084 | $24,506 | 12.4 years |
| 16 kW | $2.41 | $26,952 | $28,581 | 12.1 years |
| 18 kW | $2.36 | $29,676 | $32,798 | 11.9 years |
| 20 kW | $2.30 | $32,256 | $37,159 | 11.6 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Contract: Though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Each company may offer different kinds of warranties that cover different things. 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Burton, OH Solar Cost FAQs
How much does it cost to install solar panels in Burton?
The average cost of solar panels in Burton is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Burton?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Does Burton have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.
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.