Solar Panel Cost Guide in Cleveland, OH (Feb 2023)
- Cleveland Solar Installation Cost: $14,121
- 25-Year Savings: $17,353
- Payback Period: 11.2 Years
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Top Solar Installers in Cleveland
Installing solar panels yourself can be a difficult project, which is why using a solar installer is a good option for many homeowners. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Cleveland
Factors that Affect Solar Panel Costs in Cleveland
The cost of installing a solar system in Cleveland can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation 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. There are several different solar panel brands and the one you choose also affects the cost. In many cases, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Cleveland offer solar loans, which reduce the initial cost of installing solar. Though solar loans make adopting solar energy more accessible for Cleveland 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 avoid paying as much in interest.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of renewable energy solutions in Cleveland, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Larger national companies usually have lower costs, but some local companies undercut them by offering 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||$2.66||$11,182||$12,791||11.7 years|
|8 kW||$2.61||$14,623||$17,342||11.4 years|
|10 kW||$2.56||$17,920||$22,036||11.2 years|
|12 kW||$2.51||$21,074||$26,873||11.0 years|
|14 kW||$2.46||$24,084||$31,853||10.8 years|
|16 kW||$2.41||$26,952||$36,977||10.5 years|
|18 kW||$2.36||$29,676||$42,244||10.3 years|
|20 kW||$2.30||$32,256||$47,655||10.1 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you need plays a part in which company you should go with, since different companies offer different panels.
EcoWatch's Cleveland, OH Solar Cost FAQs
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.