Solar Panel Cost Guide in Chardon, OH (2025 Update)
- Chardon Solar Installation Cost: $18,571
- 25-Year Savings: $13,438
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Chardon
Find out what the average cost of installing solar panels is in Chardon.
Although the national average of solar panels is $2.66 per watt, solar panels in Chardon generally cost around 3.Because a 7.8-kW system is needed to cover the energy costs of a typical home in Chardon, the average price of going solar will be about $18,571 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary quite a bit depending on multiple factors, such as how many panels you need, your energy consumption and what installation company you go with.But, once you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $13,000 over 20 years on energy bills.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Chardon
| 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 Chardon
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Going with a solar panel installer can make converting to solar power much easier. Another perk of using a solar installer is that they can help you make the most of your investment by reducing your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Chardon
Factors that Affect Solar Panel Costs in Chardon
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Chardon: 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 installing solar panels. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.There are a lot of different solar panel brands and the one you choose also affects the cost. Typically, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you choose 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
If paying for a solar system in cash is difficult, solar loans are a solid choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also adds to your overall costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can influence the cost. Chardon’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Chardon are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $6,220 | 17.6 years |
| 8 kW | $3.48 | $19,478 | $8,676 | 17.3 years |
| 10 kW | $3.41 | $23,870 | $11,322 | 17.0 years |
| 12 kW | $3.34 | $28,071 | $14,160 | 16.6 years |
| 14 kW | $3.27 | $32,081 | $17,188 | 16.3 years |
| 16 kW | $3.21 | $35,900 | $20,407 | 15.9 years |
| 18 kW | $3.14 | $39,529 | $23,817 | 15.6 years |
| 20 kW | $3.07 | $42,966 | $27,418 | 15.3 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Chardon, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
EcoWatch's Chardon, OH Solar Cost FAQs
How much does it cost to install solar panels in Chardon?
This is a hard question to answer precisely, because the cost depends on many 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
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 why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How much can I save on power bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Chardon, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Chardon?
Even though 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 their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can continue to use 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.