Solar Panel Cost Guide in Clear Creek, OH (2023 Update)
- Clear Creek Solar Installation Cost: $13,332
- 25-Year Savings: $10,409
- Payback Period: 14.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Clear Creek
Here's how much it might cost to make the switch to solar in Clear Creek.
The average cost of a solar panel system in Clear Creek is 2.56 per watt. The average solar panel system size in Clear Creek is around 7.4 kilowatts, meaning a cost of about $13,332 for a solar installation, or $19,065 before the 30% federal solar tax credit is applied.
The true price you pay can go above or below the average in Clear Creek based on several factors, such as the kind of solar panels you choose and the solar installer you hire. But, once you've paid the initial cost of installation, the payback for most homeowners is typically good, with a net average savings of about $12,000 over 20 years on energy bills.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Clear Creek
Year | Return on Investment |
---|---|
1 years | $-12,383 |
3 years | $-10,483 |
5 years | $-8,584 |
7 years | $-6,685 |
9 years | $-4,785 |
11 years | $-2,886 |
13 years | $-987 |
15 years | $913 |
17 years | $2,812 |
19 years | $4,711 |
21 years | $6,611 |
23 years | $8,510 |
25 years | $10,409 |
Top Solar Installers in Clear Creek
Many homeowners choose to hire a solar panel company since installing solar panels by yourself can be a lot of work. Another upside of using a solar company is that they can help you maximize your return of investment by lowering your future costs of repairs and replacements due to 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 in Clear Creek:
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 Clear Creek
Factors that Affect Solar Panel Costs in Clear Creek
Though the average cost of a solar system in Clear Creek is $13,332, your actual cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $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 are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at 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 raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Clear Creek, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. Though solar loans make adopting solar energy more accessible for Clear Creek homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Clear Creek is the company you get to install your solar panel system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that provide a range of services for different budgets. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $2.66 | $11,182 | $7,974 | 14.6 years |
8 kW | $2.61 | $14,623 | $10,919 | 14.3 years |
10 kW | $2.56 | $17,920 | $14,007 | 14.0 years |
12 kW | $2.51 | $21,074 | $17,238 | 13.8 years |
14 kW | $2.46 | $24,084 | $20,613 | 13.5 years |
16 kW | $2.41 | $26,952 | $24,131 | 13.2 years |
18 kW | $2.36 | $29,676 | $27,792 | 12.9 years |
20 kW | $2.30 | $32,256 | $31,597 | 12.6 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 selecting a company can be difficult, we have some tips to help you, such as:
- Contract: Before you sign a contract with a solar company, make sure you look it over carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: The type of solar panel you'd like plays a part in which company you should choose, since different companies provide different panels.
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 Clear Creek, OH Solar Cost FAQs
How much does it cost to install solar panels in Clear Creek?
The average cost of solar panels in Clear Creek 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 such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Clear Creek?
A solar panel system isn't free in Clear Creek, 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 can further reduce the cost.
Does Clear Creek have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.