Solar Panel Cost Guide in Carrollton, OH (Mar 2023)
- Carrollton Solar Installation Cost: $13,924
- 25-Year Savings: $15,835
- Payback Period: 11.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Carrollton
Find out what the average cost of solar panels are in Carrollton.
The national average cost of solar panels is $2.66 per watt, but in Carrollton it's 2.56 per watt. The average solar panel system size in Carrollton is around 7.8 kilowatts, meaning a cost of about $13,924 for a solar installation, or $19,911 before the 30% federal solar tax credit is applied.
These figures are just averages, and how much solar costs for you will most likely differ based on factors unique to your home and what company you go with. With average savings of about $15,000 on electricity bills over 20 years, many homeowners in Carrollton find investing in solar can pay off big.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Carrollton
| Year | Return on Investment |
|---|---|
| 1 years | $-12,733 |
| 3 years | $-10,353 |
| 5 years | $-7,972 |
| 7 years | $-5,591 |
| 9 years | $-3,211 |
| 11 years | $-830 |
| 13 years | $1,551 |
| 15 years | $3,932 |
| 17 years | $6,312 |
| 19 years | $8,693 |
| 21 years | $11,074 |
| 23 years | $13,454 |
| 25 years | $15,835 |
Top Solar Installers in Carrollton
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Going with an installer can make your switch to solar power much easier. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy consumption, but working with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
If you're searching for a solar installer in Carrollton, we've compiled a list of our top suggestions here:
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 Carrollton
Factors that Affect Solar Panel Costs in Carrollton
The cost of installing a solar system in Carrollton can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest 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 going solar. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive 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 can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Carrollton, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. Though solar loans make adopting solar energy more accessible for Carrollton homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Carrollton is the company you hire to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different costs. 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 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 | $2.66 | $11,182 | $11,800 | 12.2 years |
| 8 kW | $2.61 | $14,623 | $16,020 | 11.9 years |
| 10 kW | $2.56 | $17,920 | $20,384 | 11.7 years |
| 12 kW | $2.51 | $21,074 | $24,891 | 11.5 years |
| 14 kW | $2.46 | $24,084 | $29,541 | 11.2 years |
| 16 kW | $2.41 | $26,952 | $34,334 | 11.0 years |
| 18 kW | $2.36 | $29,676 | $39,271 | 10.8 years |
| 20 kW | $2.30 | $32,256 | $44,352 | 10.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Reputation: Well-established 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 quality aftercare and customer service, such as part repairs and replacements.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
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 Carrollton, OH Solar Cost FAQs
How much does it cost to install solar panels in Carrollton?
The average cost of solar panels in Carrollton 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 things such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Carrollton?
Most states have net metering programs of some kind. Through these, you can either receive compensation 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.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.