Solar Panel Cost Guide in Crawford, OH (2023 Update)
- Crawford Solar Installation Cost: $13,761
- 25-Year Savings: $18,994
- Payback Period: 10.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Crawford
Find out what the average cost of a solar system is in Crawford.
Although the national average of solar panels is $2.66 per watt, solar panels in Crawford typically cost about 2.56. To account for the typical energy usage of the average home in Crawford, most homeowners require a 7.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $13,763, or $19,681 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy use, the type of solar system you choose, your solar contractor and more. For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $16,000 in savings on electricity bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Crawford
| Year | Return on Investment |
|---|---|
| 1 years | $-12,429 |
| 3 years | $-9,765 |
| 5 years | $-7,101 |
| 7 years | $-4,437 |
| 9 years | $-1,773 |
| 11 years | $891 |
| 13 years | $3,555 |
| 15 years | $6,219 |
| 17 years | $8,883 |
| 19 years | $11,547 |
| 21 years | $14,211 |
| 23 years | $16,875 |
| 25 years | $19,539 |
Top Solar Installers in Crawford
Although you can install solar panels on your own, it requires extra effort and knowledge. That's one of the reasons most people choose to go with a solar panel installer. The expertise that solar installers offer can be helpful as well, especially if you don't quite know what brand of solar equipment you need.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Crawford
Factors that Affect Solar Panel Costs in Crawford
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Crawford: 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 system you need, 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. There are several different solar panel brands and the one you pick also changes the cost. In general, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you only 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 Crawford offer solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to 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 remarkably.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Crawford is the company you choose to install your PV system. Similar to choosing a company to install new cabinets, for instance, you'll have no shortage of solar installers that offer a range of services at different price points. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and decide on the company that offers the products, warranties and services you want 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 | $14,411 | 10.9 years |
| 8 kW | $2.61 | $14,623 | $19,501 | 10.7 years |
| 10 kW | $2.56 | $17,920 | $24,735 | 10.5 years |
| 12 kW | $2.51 | $21,074 | $30,112 | 10.3 years |
| 14 kW | $2.46 | $24,084 | $35,632 | 10.1 years |
| 16 kW | $2.41 | $26,952 | $41,296 | 9.9 years |
| 18 kW | $2.36 | $29,676 | $47,103 | 9.7 years |
| 20 kW | $2.30 | $32,256 | $53,054 | 9.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose greatly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project timeline incentives and warranties.
- Installation Process: Make sure you're aligned with the company regarding how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Crawford, OH Solar Cost FAQs
How much does it cost to install solar panels in Crawford?
This is a tough question to answer precisely, because the cost depends on a variety of 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 needs. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Crawford?
Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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.