Solar Panel Cost Guide in Claibourne, OH (2023 Update)
- Claibourne Solar Installation Cost: $13,605
- 25-Year Savings: $16,379
- Payback Period: 11.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Claibourne
Here's how much it might cost to make the switch to solar in Claibourne.
The average cost of a solar panel system in Claibourne is 2.56 per watt. The average Claibourne homeowner needs a 7.6-kilowatt system, which would cost about $13,601 with the federal tax credit, or $19,449 before the 30% tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy needs, the type of equipment you want, your solar contractor and more. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Claibourne can save about $15,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar company in Claibourne for a personalized quote.
Solar savings over time in Claibourne
| Year | Return on Investment |
|---|---|
| 1 years | $-13,505 |
| 3 years | $-13,305 |
| 5 years | $-13,106 |
| 7 years | $-12,906 |
| 9 years | $-12,706 |
| 11 years | $-12,506 |
| 13 years | $-12,306 |
| 15 years | $-12,106 |
| 17 years | $-11,906 |
| 19 years | $-11,706 |
| 21 years | $-11,506 |
| 23 years | $-11,306 |
| 25 years | $-11,107 |
Top Solar Installers in Claibourne
Many homeowners decide to use a solar installation company since figuring out how to install solar panels on your own can be hard. Another upside of using a solar installer is that they can help you maximize your return of investment by lowering your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,560 per kilowatt in Claibourne. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Claibourne, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Claibourne offer solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also adds to your all-in costs, so it's crucial to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Claibourne is the company you get to install your PV system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different costs. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that offers the products, warranties and services you're looking for and also is within your budget.
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 | $12,514 | 11.8 years |
| 8 kW | $2.61 | $14,623 | $16,972 | 11.6 years |
| 10 kW | $2.56 | $17,920 | $21,574 | 11.3 years |
| 12 kW | $2.51 | $21,074 | $26,318 | 11.1 years |
| 14 kW | $2.46 | $24,084 | $31,207 | 10.9 years |
| 16 kW | $2.41 | $26,952 | $36,238 | 10.7 years |
| 18 kW | $2.36 | $29,676 | $41,413 | 10.4 years |
| 20 kW | $2.30 | $32,256 | $46,731 | 10.2 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of 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 positive reviews from previous customers.
- Solar Panel Brands: The kind of solar panel you want plays a part in which installer you should choose, since different companies have different panels.
- Warranty: If you're worried about the durability of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Claibourne, OH Solar Cost FAQs
What is the average cost of installing solar panels in Claibourne?
The average cost of solar panels in Claibourne 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 certain factors 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 Claibourne?
You can't get solar panels for free in Claibourne. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Claibourne?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Claibourne?
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 how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using 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.
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.