Solar Panel Cost Guide in Canal Fulton, OH (2024 Update)

  • Canal Fulton Solar Installation Cost: $18,563
  • 25-Year Savings: $12,501
  • Payback Period: 17.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Canal Fulton

Find out what the average cost of installing solar panels is in Canal Fulton.

Although the national average of solar panels is $2.66 per watt, solar panels in Canal Fulton typically cost around 3.Using this figure, a typical 7.8-kW system would cost about $18,563 before the 0 federal solar tax credit is applied.

How much you pay can be higher or lower than the average in Canal Fulton depending on several factors, such as the brand of solar panels you choose and the solar installer you hire.With average savings of about $13,000 on electricity bills over 20 years, many homeowners in Canal Fulton find investing in solar can be quite rewarding.

For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Canal Fulton

Year Return on Investment
1 years $-17,343
3 years $-14,903
5 years $-12,462
7 years $-10,022
9 years $-7,581
11 years $-5,141
13 years $-2,700
15 years $-260
17 years $2,181
19 years $4,621
21 years $7,062
23 years $9,502
25 years $11,943

Top Solar Installers in Canal Fulton

When going solar, many homeowners prefer to use a solar installer since overseeing your solar installation yourself can be a difficult project. Another upside of utilizing a solar company is that they can help you optimize your investment by lowering your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.

If you're looking for a solar installer in Canal Fulton, we've organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

See all of the solar companies in Canal Fulton

Factors that Affect Solar Panel Costs in Canal Fulton

The cost of installing a solar system in Canal Fulton can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,410.There are many different solar panel brands and the one you pick also affects the cost. In general, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you want to install 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

For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Canal Fulton, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.When considering 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 reduce the total interest paid over time.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Canal Fulton is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different costs.The company’s size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.

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 $5,502 18.3 years
8 kW $3.48 $19,478 $7,718 17.9 years
10 kW $3.41 $23,870 $10,125 17.6 years
12 kW $3.34 $28,071 $12,723 17.2 years
14 kW $3.27 $32,081 $15,512 16.9 years
16 kW $3.21 $35,900 $18,491 16.5 years
18 kW $3.14 $39,529 $21,662 16.1 years
20 kW $3.07 $42,966 $25,024 15.8 years

How to Save on Solar Panels

There are numerous companies to choose from in Canal Fulton, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Contract: Read the contract terms carefully to make sure you understand how much it will cost, project timeline incentives and warranties.
  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
  • Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
  • 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 likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Canal Fulton, OH Solar Cost FAQs

What is the average cost of installing solar panels in Canal Fulton?

The average cost of solar panels in Canal Fulton is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Canal Fulton?

You can’t get solar panels for free in Canal Fulton. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.

Is it worth going solar in Canal Fulton?

Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.

How often do you have to replace solar panels?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.

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.

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