Solar Panel Cost Guide in Conneaut, OH (2023 Update)
- Conneaut Solar Installation Cost: $14,031
- 25-Year Savings: $13,349
- Payback Period: 12.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Conneaut
We go over average solar pricing in Conneaut.
The national average cost of solar panels is $2.66 per watt, but in Conneaut it's 2.56 per watt. Since a 7.8-kW system is needed to cover the energy costs of a typical home in Conneaut, the average price of going solar will be about $14,031 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what company you go with. But, once you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $13,000 over 20 years on utility bills.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Conneaut
| Year | Return on Investment |
|---|---|
| 1 years | $-12,936 |
| 3 years | $-10,746 |
| 5 years | $-8,555 |
| 7 years | $-6,365 |
| 9 years | $-4,175 |
| 11 years | $-1,984 |
| 13 years | $206 |
| 15 years | $2,397 |
| 17 years | $4,587 |
| 19 years | $6,777 |
| 21 years | $8,968 |
| 23 years | $11,158 |
| 25 years | $13,349 |
Top Solar Installers in Conneaut
Although you can install solar panels yourself, it takes extra time and knowledge. That's one of the reasons the majority of homeowners choose to go with a solar panel installer. Also, if you'd like to maximize your investment in solar power, going with a solar installer can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives.
If you'd like to go solar but still aren't certain which solar company to go with, here are our suggestions for providers in Conneaut:
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 Conneaut
Factors that Affect Solar Panel Costs in Conneaut
There are many factors that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar 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, your total will most likely increase by around $2,560. The kind 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 in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Conneaut average.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are an affordable choice because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also increases your overall costs, so it's important to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Conneaut, and each can charge different amounts 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 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 | $9,802 | 13.3 years |
| 8 kW | $2.61 | $14,623 | $13,356 | 13.1 years |
| 10 kW | $2.56 | $17,920 | $17,053 | 12.8 years |
| 12 kW | $2.51 | $21,074 | $20,894 | 12.6 years |
| 14 kW | $2.46 | $24,084 | $24,878 | 12.3 years |
| 16 kW | $2.41 | $26,952 | $29,005 | 12.0 years |
| 18 kW | $2.36 | $29,676 | $33,276 | 11.8 years |
| 20 kW | $2.30 | $32,256 | $37,690 | 11.5 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Conneaut, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- 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 likely has a good reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Conneaut, OH Solar Cost FAQs
How much does it cost to install solar panels in Conneaut?
The average cost of solar panels in Conneaut is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on stuff 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 Conneaut?
A solar panel system isn't free in Conneaut, 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 help lower the cost.
Is it worth going solar in Conneaut?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.