Solar Panel Cost Guide in Crane, OH (2024 Update)

  • Crane Solar Installation Cost: $18,330
  • 25-Year Savings: $17,507
  • Payback Period: 14.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Crane

Here’s how much it might cost to go solar in Crane.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Crane, the average cost of a solar system is 3 per watt.Because a 7.7-kW system is needed to cover the energy usage of a typical home in Crane, the average price of going solar will be about $18,330 after claiming the federal solar tax credit of 0.

Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of equipment you choose, your solar contractor and more.Even with the high upfront cost, the average Crane homeowner can save about $15,000 on their energy bills over 20 years, which is one of the positives of solar.

For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Crane

Year Return on Investment
1 years $-16,998
3 years $-14,334
5 years $-11,670
7 years $-9,006
9 years $-6,342
11 years $-3,678
13 years $-1,014
15 years $1,650
17 years $4,314
19 years $6,978
21 years $9,642
23 years $12,306
25 years $14,970

Top Solar Installers in Crane

Many homeowners opt for a solar panel installer since trying to install solar panels by yourself can be challenging. Plus, if you’re unsure what kind of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.

You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

See all of the solar companies in Crane

Factors that Affect Solar Panel Costs in Crane

The cost of installing a solar system in Crane can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater 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 $3,410.There are many different solar panel brands and the one you choose also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are available from most installers in Crane, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

Finally, the company you hire to install your solar panel system can affect the cost. Crane’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.

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 $9,536 15.2 years
8 kW $3.48 $19,478 $13,096 14.9 years
10 kW $3.41 $23,870 $16,847 14.7 years
12 kW $3.34 $28,071 $20,790 14.4 years
14 kW $3.27 $32,081 $24,923 14.1 years
16 kW $3.21 $35,900 $29,247 13.8 years
18 kW $3.14 $39,529 $33,763 13.5 years
20 kW $3.07 $42,966 $38,469 13.2 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Different companies will have different brands and models of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
  • Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
  • Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Crane, OH Solar Cost FAQs

What is the average cost of installing solar panels in Crane?

The average cost of solar panels in Crane 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 things such as the kind of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important thing to keep in mind when buying solar panels?

Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Does Crane have a net metering program?

The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in Crane?

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 larger 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.

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