Solar Panel Cost Guide in Champion Heights, OH (2023 Update)
- Champion Heights Solar Installation Cost: $14,085
- 25-Year Savings: $12,352
- Payback Period: 13.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Champion Heights
We break down average solar pricing in Champion Heights.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Champion Heights, the average cost of a solar system is 2.56 per watt. The average Champion Heights homeowner needs a 7.9-kilowatt system, which would cost about $14,085 with the federal tax credit, or $20,142 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Champion Heights homeowners. The price 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. With typical savings of about $13,000 on energy bills over 20 years, many homeowners in Champion Heights find investing in solar can pay off big.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Champion Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-13,028 |
| 3 years | $-10,913 |
| 5 years | $-8,798 |
| 7 years | $-6,683 |
| 9 years | $-4,568 |
| 11 years | $-2,453 |
| 13 years | $-338 |
| 15 years | $1,777 |
| 17 years | $3,892 |
| 19 years | $6,007 |
| 21 years | $8,122 |
| 23 years | $10,237 |
| 25 years | $12,352 |
Top Solar Installers in Champion Heights
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Going with a solar panel installer can make your swap to solar power much easier. The expertise that solar companies offer can be invaluable as well, especially if you aren't sure what kind of solar equipment you need.
If you'd like to make the switch to solar but still aren't certain which solar panel installer to go with, here are our suggestions for providers near you:
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 Champion Heights
Factors that Affect Solar Panel Costs in Champion Heights
The cost of installing a solar system in Champion Heights can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar energy system in Champion Heights, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $2,560 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Champion Heights, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Champion Heights to be too costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Champion Heights is the company you choose to install your PV system. As with choosing a company to install new cabinets, for example, there are plenty of solar installers that offer a range of services at different costs. You may see national solar installers that have lower prices due to 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 | $8,989 | 13.9 years |
| 8 kW | $2.61 | $14,623 | $12,272 | 13.6 years |
| 10 kW | $2.56 | $17,920 | $15,698 | 13.3 years |
| 12 kW | $2.51 | $21,074 | $19,268 | 13.1 years |
| 14 kW | $2.46 | $24,084 | $22,981 | 12.8 years |
| 16 kW | $2.41 | $26,952 | $26,837 | 12.5 years |
| 18 kW | $2.36 | $29,676 | $30,837 | 12.3 years |
| 20 kW | $2.30 | $32,256 | $34,980 | 12.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies will offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Champion Heights, OH Solar Cost FAQs
How much does it cost to install solar panels in Champion Heights?
The average cost of solar panels in Champion Heights is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual 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.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your 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 Champion Heights is currently $95,313, so you can expect a value of about $3,908 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Champion Heights is a rewarding investment.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home needs 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.