Solar Panel Cost Guide in Calcutta, OH (Mar 2023)
- Calcutta Solar Installation Cost: $14,031
- 25-Year Savings: $13,232
- Payback Period: 12.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Calcutta
Let's have a look at the average cost of solar panels in Calcutta.
In Calcutta, solar panels cost about 2.56 per watt on average. Because a 7.8-kW system is needed to cover the energy costs of a typical home in Calcutta, the average price of going solar will be about $14,031 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Calcutta homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Calcutta can save about $13,000 on their electricity bills over 20 years.
To get a free quote from a vetted solar installation company in Calcutta, you can click the button below.
Solar savings over time in Calcutta
| Year | Return on Investment |
|---|---|
| 1 years | $-12,941 |
| 3 years | $-10,760 |
| 5 years | $-8,579 |
| 7 years | $-6,398 |
| 9 years | $-4,216 |
| 11 years | $-2,035 |
| 13 years | $146 |
| 15 years | $2,327 |
| 17 years | $4,508 |
| 19 years | $6,689 |
| 21 years | $8,870 |
| 23 years | $11,051 |
| 25 years | $13,232 |
Top Solar Installers in Calcutta
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Going with an installer can make switching to solar power much easier. The expertise that solar companies offer can be helpful as well, especially if you don't quite know what kind of solar equipment you need.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Calcutta
Factors that Affect Solar Panel Costs in Calcutta
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Calcutta: 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 going solar. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The kind of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Plus, solar equipment is more than just the solar panels themselves. You'll also need to decide on 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 falls within your budget.
Solar Financing Terms
Most solar companies in Calcutta offer solar loans, which reduce the initial cost of installing solar panels. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies operating in Calcutta, and each can charge different amounts for labor and equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk 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 | $2.66 | $11,182 | $9,708 | 13.4 years |
| 8 kW | $2.61 | $14,623 | $13,231 | 13.1 years |
| 10 kW | $2.56 | $17,920 | $16,897 | 12.9 years |
| 12 kW | $2.51 | $21,074 | $20,706 | 12.6 years |
| 14 kW | $2.46 | $24,084 | $24,659 | 12.4 years |
| 16 kW | $2.41 | $26,952 | $28,755 | 12.1 years |
| 18 kW | $2.36 | $29,676 | $32,995 | 11.8 years |
| 20 kW | $2.30 | $32,256 | $37,378 | 11.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. 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 (coming 2022)
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 Calcutta, OH Solar Cost FAQs
How much does it cost to install solar panels in Calcutta?
The average cost of solar panels in Calcutta 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.
Can you get solar panels for free in Calcutta?
You can't get solar panels for free in Calcutta. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact how much my home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Calcutta is currently $81,900, which means you can expect a value of about $3,358 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Calcutta is a rewarding investment.
How many solar panels do I need 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 usually 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.