Solar Panel Cost Guide in Crestline, OH (2023 Update)
- Crestline Solar Installation Cost: $13,796
- 25-Year Savings: $16,444
- Payback Period: 11.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Crestline
We break down average solar pricing in Crestline.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Crestline, the average cost of solar panels is 2.56 per watt. The average solar panel system size in Crestline is around 7.7 kilowatts, meaning a cost of about $13,798 for a solar installation, or $19,731 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Crestline homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $15,000 over 20 years on energy bills.
You can click the button below to get connected with a vetted solar company in Crestline for a quote for your home.
Solar savings over time in Crestline
| Year | Return on Investment |
|---|---|
| 1 years | $-12,576 |
| 3 years | $-10,135 |
| 5 years | $-7,695 |
| 7 years | $-5,254 |
| 9 years | $-2,814 |
| 11 years | $-373 |
| 13 years | $2,067 |
| 15 years | $4,508 |
| 17 years | $6,948 |
| 19 years | $9,389 |
| 21 years | $11,829 |
| 23 years | $14,269 |
| 25 years | $16,710 |
Top Solar Installers in Crestline
Although it's possible to install solar panels by yourself, it involves extra energy and expertise. Because of that, most homeowners choose to go with a solar panel installer. The expertise that solar companies provide can be useful as well, particularly if you don't quite know what type of solar equipment you need.
If you'd like to make the switch to solar but still aren't certain which solar company to go with, here are our recommendations for providers 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 Crestline
Factors that Affect Solar Panel Costs in Crestline
For many Crestline homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Crestline, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems 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 require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,560. There are a lot of different solar panel brands and the one you pick also changes the cost. Typically, the brands that offer higher efficiency tend to also cost more. Plus, 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
If paying for solar panels out of pocket is difficult, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk 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 | $12,386 | 11.9 years |
| 8 kW | $2.61 | $14,623 | $16,801 | 11.6 years |
| 10 kW | $2.56 | $17,920 | $21,360 | 11.4 years |
| 12 kW | $2.51 | $21,074 | $26,062 | 11.2 years |
| 14 kW | $2.46 | $24,084 | $30,907 | 10.9 years |
| 16 kW | $2.41 | $26,952 | $35,896 | 10.7 years |
| 18 kW | $2.36 | $29,676 | $41,028 | 10.5 years |
| 20 kW | $2.30 | $32,256 | $46,303 | 10.3 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Solar Panel Brands: Different companies carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- 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 company, such as what permits you should acquire and how long the project will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Crestline, OH Solar Cost FAQs
How much does it cost to install solar panels in Crestline?
The average cost of solar panels in Crestline is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Crestline?
You can't get solar panels for free in Crestline. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How will having solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Crestline is currently $87,738, so you could be looking at a value of about $3,597 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Crestline is a worthwhile investment.
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 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 buy between 20 and 35 panels to cover 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.