Solar Panel Cost Guide in Clinton, OH (2023 Update)
- Clinton Solar Installation Cost: $13,494
- 25-Year Savings: $18,548
- Payback Period: 10.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Clinton
We go over average solar pricing in Clinton.
Although the national average of solar panels is $2.66 per watt, solar panels in Clinton generally cost about 2.56. Using this figure, a typical 7.5-kW system would cost about $13,494 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Clinton homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find going solar is a fruitful investment. The average homeowner in Clinton can save about $16,000 on their power bills over 20 years.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Clinton
| Year | Return on Investment |
|---|---|
| 1 years | $-12,212 |
| 3 years | $-9,649 |
| 5 years | $-7,085 |
| 7 years | $-4,522 |
| 9 years | $-1,959 |
| 11 years | $605 |
| 13 years | $3,168 |
| 15 years | $5,732 |
| 17 years | $8,295 |
| 19 years | $10,858 |
| 21 years | $13,422 |
| 23 years | $15,985 |
| 25 years | $18,548 |
Top Solar Installers in Clinton
Installing solar panels on your own can be a time-consuming task, which is why getting a solar installation company is a good option for many homeowners. Plus, if you're unsure what kind of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Clinton
Factors that Affect Solar Panel Costs in Clinton
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Clinton: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,560. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bring your total well above the Clinton average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are provided by most installers in Clinton, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can play a part in determining how much you pay. Clinton's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that has the products, warranties and services you're looking for and also fits 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 | $14,347 | 11.0 years |
| 8 kW | $2.61 | $14,623 | $19,416 | 10.7 years |
| 10 kW | $2.56 | $17,920 | $24,628 | 10.5 years |
| 12 kW | $2.51 | $21,074 | $29,984 | 10.3 years |
| 14 kW | $2.46 | $24,084 | $35,483 | 10.1 years |
| 16 kW | $2.41 | $26,952 | $41,125 | 9.9 years |
| 18 kW | $2.36 | $29,676 | $46,911 | 9.7 years |
| 20 kW | $2.30 | $32,256 | $52,840 | 9.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose considerably impacts your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The kind of solar panel you need to get plays a role in which company you should opt for, since different companies offer different panels.
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
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 Clinton, OH Solar Cost FAQs
What is the average cost of installing solar panels in Clinton?
This is a hard question to answer exactly, because the cost depends on many 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 be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Clinton?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can solar panels eliminate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Clinton, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last 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 higher amount 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.