Solar Panel Cost Guide in Chippewa, OH (2023 Update)
- Chippewa Solar Installation Cost: $13,852
- 25-Year Savings: $13,971
- Payback Period: 12.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Chippewa
Let's have a look at the average cost of solar panels in Chippewa.
In Chippewa, solar panels cost about 2.56 per watt on average. The average solar panel system size in Chippewa is around 7.7 kilowatts, meaning a cost of about $13,852 for a solar installation, or $19,808 before the 30% federal solar tax credit is applied.
These figures are just averages, and how much solar costs for you will most likely vary based on your energy needs and what company you go with. But, after you've paid the upfront cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $14,000 over 20 years on power bills.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Chippewa
| Year | Return on Investment |
|---|---|
| 1 years | $-12,739 |
| 3 years | $-10,513 |
| 5 years | $-8,288 |
| 7 years | $-6,062 |
| 9 years | $-3,836 |
| 11 years | $-1,610 |
| 13 years | $616 |
| 15 years | $2,841 |
| 17 years | $5,067 |
| 19 years | $7,293 |
| 21 years | $9,519 |
| 23 years | $11,745 |
| 25 years | $13,971 |
Top Solar Installers in Chippewa
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 a solar company can make switching to solar power much easier. A solar company can also help save you money in the long run by providing warranties, repairs and part replacements.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some in Chippewa:
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 Chippewa
Factors that Affect Solar Panel Costs in Chippewa
There are several factors that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Chippewa average.
Solar Financing Terms
Most solar installers in Chippewa have solar loans, which reduce your upfront costs of installing a solar system. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Chippewa, and each can charge different amounts for labor and equipment. 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 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 | $10,408 | 12.9 years |
| 8 kW | $2.61 | $14,623 | $14,164 | 12.7 years |
| 10 kW | $2.56 | $17,920 | $18,063 | 12.5 years |
| 12 kW | $2.51 | $21,074 | $22,106 | 12.2 years |
| 14 kW | $2.46 | $24,084 | $26,292 | 12.0 years |
| 16 kW | $2.41 | $26,952 | $30,621 | 11.7 years |
| 18 kW | $2.36 | $29,676 | $35,094 | 11.5 years |
| 20 kW | $2.30 | $32,256 | $39,710 | 11.2 years |
How to Save on Solar Panels
Since the model 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 tips to keep in mind to help with your decision:
- Solar Panel Brands: The kind of solar panel you want plays a role in which company you should opt for, since different companies have access to different panels.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated 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 satisfied reviews from past customers.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Chippewa, OH Solar Cost FAQs
How much does it cost to install solar panels in Chippewa?
The average cost of solar panels in Chippewa 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Chippewa?
Solar panels aren't free in Chippewa, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on power bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Chippewa, that will require at least a 10-kW system. Not all homes 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 many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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 buy between 20 and 35 panels to cover 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.