Solar Panel Cost Guide in Claridon, OH (Mar 2023)
- Claridon Solar Installation Cost: $13,942
- 25-Year Savings: $13,202
- Payback Period: 12.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Claridon
See how much it might cost to install solar panels in Claridon.
Although the national average of solar panels is $2.66 per watt, solar panels in Claridon typically cost about 2.56. Using this figure, a typical 7.8-kW system would cost about $13,942 before the 30% federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you may look different based on the amount of energy your home requires and what company you go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Claridon can save about $13,000 on their power bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Claridon for a quote for your home.
Solar savings over time in Claridon
| Year | Return on Investment |
|---|---|
| 1 years | $-12,856 |
| 3 years | $-10,684 |
| 5 years | $-8,513 |
| 7 years | $-6,341 |
| 9 years | $-4,170 |
| 11 years | $-1,998 |
| 13 years | $173 |
| 15 years | $2,345 |
| 17 years | $4,516 |
| 19 years | $6,688 |
| 21 years | $8,859 |
| 23 years | $11,031 |
| 25 years | $13,202 |
Top Solar Installers in Claridon
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of a solar panel installer can make converting to solar power much easier. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
If you're looking for a solar company in Claridon, the EcoWatch team has compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Claridon
Factors that Affect Solar Panel Costs in Claridon
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Claridon: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,560. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Claridon, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, 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
Many homeowners find the average cost of solar in Claridon to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. It's a good idea to include 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 back the loan.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Claridon, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $9,752 | 13.4 years |
| 8 kW | $2.61 | $14,623 | $13,289 | 13.1 years |
| 10 kW | $2.56 | $17,920 | $16,969 | 12.8 years |
| 12 kW | $2.51 | $21,074 | $20,793 | 12.6 years |
| 14 kW | $2.46 | $24,084 | $24,761 | 12.3 years |
| 16 kW | $2.41 | $26,952 | $28,871 | 12.1 years |
| 18 kW | $2.36 | $29,676 | $33,125 | 11.8 years |
| 20 kW | $2.30 | $32,256 | $37,523 | 11.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Claridon, OH Solar Cost FAQs
What is the average cost of installing solar panels in Claridon?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Claridon?
Solar panels aren't free in Claridon, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Claridon?
Although 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 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.