Solar Panel Cost Guide in Chardon, OH (Dec 2022)

  • Chardon Solar Installation Cost: $13,942
  • 25-Year Savings: $13,438
  • Payback Period: 12.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Chardon

Let's take a look at the average cost of solar in Chardon.

The average cost of solar panels in Chardon is $3 per watt. The average solar panel system size in Chardon is around 7.8 kilowatts, meaning a cost of about $13,942 for a solar installation, or $10,317 after the 30% federal solar tax credit is applied.

Bear in mind that the figures above are only estimates based on the average Chardon homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Even with the significant initial cost, the average Chardon homeowner can save around $13,000 on their energy bills over 20 years, which is one of the perks of solar.

To get a free quote from a highly rated solar installation company in Chardon, you can click the button below.

Solar savings over time in Chardon

Year Return on Investment
1 years $-12,847
3 years $-10,656
5 years $-8,466
7 years $-6,275
9 years $-4,085
11 years $-1,895
13 years $296
15 years $2,486
17 years $4,677
19 years $6,867
21 years $9,057
23 years $11,248
25 years $13,438

Top Solar Installers in Chardon

Putting up solar panels on your own can be a stressful project, which is why getting a solar installation company is a good option for many homeowners. Companies can also have access to a large variety of the best solar panels and help you decide which one will be right for you.

There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:

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 (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Chardon

Factors that Affect Solar Panel Costs in Chardon

There are many criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment

The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,560. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Chardon homeowners opt to finance their solar panel systems to offset upfront costs. Though solar loans make switching to solar energy more accessible for Chardon homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

Lastly, the company you hire to install your solar panels can play a role in determining the cost. Chardon's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.

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 $9,933 13.2 years
8 kW $2.61 $14,623 $13,531 13.0 years
10 kW $2.56 $17,920 $17,272 12.7 years
12 kW $2.51 $21,074 $21,157 12.5 years
14 kW $2.46 $24,084 $25,185 12.2 years
16 kW $2.41 $26,952 $29,356 12.0 years
18 kW $2.36 $29,676 $33,670 11.7 years
20 kW $2.30 $32,256 $38,128 11.5 years

How to Save on Solar Panels

The solar company you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, such as:

  • Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
  • Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.

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 (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Chardon, OH Solar Cost FAQs

How much does it cost to install solar panels in Chardon?

The average cost of solar panels in Chardon 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 things like the model of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider apart from cost when buying solar panels?

The upfront cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In areas 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.

Do solar panels increase the value of your home?

Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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 get 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.

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