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Top Solar Installers in Colerain
Although you can install solar panels by yourself, it involves extra time and expertise. Because of that, most homeowners choose to hire a solar panel installer. Companies can also have access to a large variety of the best solar panels and help you decide which one will be right for your home.
If you're looking for a solar company in Colerain, we've organized a list of our top suggestions here:
See all of the solar companies in Colerain
Factors that Affect Solar Panel Costs in Colerain
For many Colerain homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Colerain, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.
When it comes to estimating the cost of a solar system in Colerain, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can figure out by looking at past electricity bills. Your total cost can increase by about $2,560 for each additional kilowatt you need. The kind of solar equipment you choose can increase or decrease your cost 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. On the other hand, higher efficiency could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Colerain average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you choose to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies in Colerain, and each can charge varying amounts for labor and equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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||$10,820||12.7 years|
|8 kW||$2.61||$14,623||$14,713||12.5 years|
|10 kW||$2.56||$17,920||$18,750||12.2 years|
|12 kW||$2.51||$21,074||$22,930||12.0 years|
|14 kW||$2.46||$24,084||$27,254||11.7 years|
|16 kW||$2.41||$26,952||$31,721||11.5 years|
|18 kW||$2.36||$29,676||$36,331||11.2 years|
|20 kW||$2.30||$32,256||$41,084||11.0 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Installation Process: When making the switch to solar energy, it's necessary to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project timeline.
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
EcoWatch's Colerain, 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.