Solar Panel Cost Guide in Claibourne, OH (2024 Update)
- Claibourne Solar Installation Cost: $18,123
- 25-Year Savings: $16,379
- Payback Period: 15.1 Years
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Average Cost of Solar Panels in Claibourne
We go over average solar pricing in Claibourne.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Claibourne, the average cost of solar panels is 3 per watt.To account for the typical energy usage of the average home in Claibourne, most homeowners require a 7.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $18,123, or $25,916 before the federal solar tax credit of 0 is applied.
These figures are just averages, and how much solar costs for you will most likely vary based on your specific situation and what company you go with.Despite the significant upfront cost, the average Claibourne homeowner can save around $15,000 on their energy bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a vetted solar installer in Claibourne for a quote for your home.
Solar savings over time in Claibourne
| Year | Return on Investment |
|---|---|
| 1 years | $-17,104 |
| 3 years | $-15,068 |
| 5 years | $-13,031 |
| 7 years | $-10,995 |
| 9 years | $-8,958 |
| 11 years | $-6,921 |
| 13 years | $-4,885 |
| 15 years | $-2,848 |
| 17 years | $-812 |
| 19 years | $1,225 |
| 21 years | $3,262 |
| 23 years | $5,298 |
| 25 years | $7,335 |
Top Solar Installers in Claibourne
Trying to install solar panels on your own can be a challenging task, which is why getting a solar installation company is a good option for many homeowners. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be best for you.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Claibourne
Factors that Affect Solar Panel Costs in Claibourne
The cost of installing a solar system in Claibourne can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Claibourne, 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 gauge by looking at past power bills. Your overall cost can increase by about $3,410 for each additional kilowatt you need.The model of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Claibourne provide solar loans, which reduce your upfront costs of installing solar.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar company you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Claibourne, and each can charge varying amounts for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $3.55 | $14,895 | $8,801 | 15.7 years |
| 8 kW | $3.48 | $19,478 | $12,117 | 15.4 years |
| 10 kW | $3.41 | $23,870 | $15,624 | 15.1 years |
| 12 kW | $3.34 | $28,071 | $19,321 | 14.8 years |
| 14 kW | $3.27 | $32,081 | $23,210 | 14.5 years |
| 16 kW | $3.21 | $35,900 | $27,289 | 14.2 years |
| 18 kW | $3.14 | $39,529 | $31,560 | 13.9 years |
| 20 kW | $3.07 | $42,966 | $36,021 | 13.6 years |
How to Save on Solar Panels
There are a lot of companies available in Claibourne, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: The type of solar panel you’d like to get plays a role in which company you should go with, since different companies offer different panels.
- Contract: Before you sign a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project timeline.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Claibourne, OH Solar Cost FAQs
What is the average cost of installing solar panels in Claibourne?
This is a hard question to answer precisely, because the cost depends on a variety of 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Claibourne?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
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 install 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.