Solar Panel Cost Guide in Clearcreek, OH (2024 Update)
- Clearcreek Solar Installation Cost: $17,944
- 25-Year Savings: $21,147
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Clearcreek
Let’s take a look at the average cost of solar panels in Clearcreek.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Clearcreek, the typical cost of solar panels is 3 per watt.The average solar panel system size in Clearcreek is around 7.5 kilowatts, meaning a cost of about $17,944 for a solar installation, or $25,660 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar system you want to get, your solar contractor and more.With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Clearcreek find going solar can be quite rewarding.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Clearcreek
| Year | Return on Investment |
|---|---|
| 1 years | $-16,612 |
| 3 years | $-13,948 |
| 5 years | $-11,283 |
| 7 years | $-8,619 |
| 9 years | $-5,955 |
| 11 years | $-3,291 |
| 13 years | $-626 |
| 15 years | $2,038 |
| 17 years | $4,702 |
| 19 years | $7,366 |
| 21 years | $10,031 |
| 23 years | $12,695 |
| 25 years | $15,359 |
Top Solar Installers in Clearcreek
Many homeowners choose to use a solar panel installer since figuring out how to install solar panels yourself can be a labor-intensive endeavor. Plus, if you’re unsure what kind of solar panels and equipment you want, a solar installer can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar installer in Clearcreek, the EcoWatch team has put together 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
See all of the solar companies in Clearcreek
Factors that Affect Solar Panel Costs in Clearcreek
Though the average cost of a solar system in Clearcreek is $17,944, your final cost may differ. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar system in Clearcreek, one of the most crucial 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 usage, which you can figure out by looking at past power bills. Your total cost can increase by about $3,410 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Clearcreek, where sunlight is relatively 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
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Clearcreek homeowners choose to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also adds to your overall costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Clearcreek is the company you choose to install your PV system. As with choosing a company to install new cabinets, for example, there are plenty of solar installers that offer a range of services for different budgets.The company’s size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing 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 lower 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 | $3.55 | $14,895 | $12,736 | 13.5 years |
| 8 kW | $3.48 | $19,478 | $17,363 | 13.2 years |
| 10 kW | $3.41 | $23,870 | $22,181 | 13.0 years |
| 12 kW | $3.34 | $28,071 | $27,190 | 12.7 years |
| 14 kW | $3.27 | $32,081 | $32,390 | 12.4 years |
| 16 kW | $3.21 | $35,900 | $37,781 | 12.2 years |
| 18 kW | $3.14 | $39,529 | $43,363 | 11.9 years |
| 20 kW | $3.07 | $42,966 | $49,136 | 11.7 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. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Clearcreek, OH Solar Cost FAQs
What is the average cost of installing solar panels in Clearcreek?
The average cost of solar panels in Clearcreek is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How long do solar panels last in Clearcreek?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.