Solar Panel Cost Guide in Crawford, OH (Mar 2023)
- Crawford Solar Installation Cost: $13,763
- 25-Year Savings: $18,993
- Payback Period: 10.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Crawford
Let's take a look at the average cost of solar panels in Crawford.
While the national average of solar panels is $2.66 per watt, solar panels in Crawford generally cost about 2.56. The average Crawford homeowner needs a 7.7-kilowatt system, which would cost about $13,763 with the federal tax credit, or $19,681 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of going solar can vary based on several factors, such as what size system you need, your energy usage and what installation company you go with. Despite the high upfront cost, the average Crawford homeowner can save around $16,000 on their power bills over 20 years, which is one of the positives of solar.
To receive a free estimate from a vetted solar company in Crawford, you can click the button below.
Solar savings over time in Crawford
Year | Return on Investment |
---|---|
1 years | $-12,452 |
3 years | $-9,832 |
5 years | $-7,212 |
7 years | $-4,591 |
9 years | $-1,971 |
11 years | $650 |
13 years | $3,270 |
15 years | $5,891 |
17 years | $8,511 |
19 years | $11,131 |
21 years | $13,752 |
23 years | $16,372 |
25 years | $18,993 |
Top Solar Installers in Crawford
When switching to solar energy, many homeowners prefer to hire a solar company since overseeing your solar installation yourself can be a time-consuming project. Also, companies with a good reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're on the hunt for a solar installer in Crawford, we've put together a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Crawford
Factors that Affect Solar Panel Costs in Crawford
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Crawford: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require 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 $2,560. There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose 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
If paying for solar panels out of pocket is difficult, solar loans are a popular choice because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor. The company's size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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
There are a large number of companies to choose from in Crawford, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, 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 substantial role in the company you go with.
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Contract: Look through the contract terms closely to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years 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 (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Crawford, OH Solar Cost FAQs
What is the average cost of installing solar panels in Crawford?
This is a hard question to answer exactly, 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. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels significantly reduce my power bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Crawford, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
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.