Solar Panel Cost Guide in Burton, OH (2024 Update)
- Burton Solar Installation Cost: $18,571
- 25-Year Savings: $13,061
- Payback Period: 17.2 Years
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Average Cost of Solar Panels in Burton
We break down average solar pricing in Burton.
The average cost of a solar panel system in Burton is 3 per watt.The average solar panel system size in Burton is around 7.8 kilowatts, meaning a cost of about $18,571 for a solar installation, or $26,557 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Burton depending on several factors, such as the brand of solar panels you choose and the solar contractor you hire.Even with the high upfront cost, the average Burton homeowner can save around $13,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a top solar company in Burton for a personalized estimate.
Solar savings over time in Burton
| Year | Return on Investment |
|---|---|
| 1 years | $-17,317 |
| 3 years | $-14,810 |
| 5 years | $-12,302 |
| 7 years | $-9,794 |
| 9 years | $-7,287 |
| 11 years | $-4,779 |
| 13 years | $-2,272 |
| 15 years | $236 |
| 17 years | $2,744 |
| 19 years | $5,251 |
| 21 years | $7,759 |
| 23 years | $10,267 |
| 25 years | $12,774 |
Top Solar Installers in Burton
Many homeowners opt for a solar installation company since installing solar panels on your own can be challenging. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for you.
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 Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 Burton
Factors that Affect Solar Panel Costs in Burton
For many Burton homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Burton, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,410. There are a lot of different solar panel brands and the one you choose also changes the cost. Typically, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Burton homeowners decide to finance their solar panel systems to make going solar more affordable.However, the interest on solar loans also increases your overall costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Burton is the company you choose to install your PV system. As with choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that offer a range of services at different price points.Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $5,930 | 17.9 years |
| 8 kW | $3.48 | $19,478 | $8,288 | 17.5 years |
| 10 kW | $3.41 | $23,870 | $10,838 | 17.2 years |
| 12 kW | $3.34 | $28,071 | $13,578 | 16.8 years |
| 14 kW | $3.27 | $32,081 | $16,509 | 16.5 years |
| 16 kW | $3.21 | $35,900 | $19,632 | 16.2 years |
| 18 kW | $3.14 | $39,529 | $22,945 | 15.8 years |
| 20 kW | $3.07 | $42,966 | $26,449 | 15.5 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
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
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 Burton, OH Solar Cost FAQs
How much does it cost to install solar panels in Burton?
This is a difficult question to answer precisely, because the cost depends on a variety of 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. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Burton?
Leasing solar panels can be an option if you can’t afford 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 home 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 bang for your buck from going solar.
How will having solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Burton is currently $262,894, which means you can look forward to a value of about $10,779 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Burton is a rewarding investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs 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 house 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.