Solar Panel Cost Guide in Cuyahoga Falls, OH (Mar 2023)
- Cuyahoga Falls Solar Installation Cost: $13,996
- 25-Year Savings: $13,982
- Payback Period: 12.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Cuyahoga Falls
We go over average solar pricing in Cuyahoga Falls.
The average cost of a solar system in Cuyahoga Falls is 2.56 per watt. Since a 7.8-kW system is needed to cover the energy needs of a typical home in Cuyahoga Falls, the average price of going solar will be about $13,996 after claiming the federal solar tax credit of 30%.
How much you pay can go higher or lower than the average in Cuyahoga Falls based on several factors, such as the brand of solar panels you choose and the solar contractor you hire. But, after you've paid the initial cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $14,000 over 20 years on energy bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Cuyahoga Falls
Year | Return on Investment |
---|---|
1 years | $-12,876 |
3 years | $-10,638 |
5 years | $-8,400 |
7 years | $-6,162 |
9 years | $-3,924 |
11 years | $-1,685 |
13 years | $553 |
15 years | $2,791 |
17 years | $5,029 |
19 years | $7,267 |
21 years | $9,506 |
23 years | $11,744 |
25 years | $13,982 |
Top Solar Installers in Cuyahoga Falls
Many homeowners opt for a solar installation company since installing solar panels by yourself can be a lot of work. A solar installer can also help save you money over time by providing warranties, repairs and system component replacements.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Cuyahoga Falls
Factors that Affect Solar Panel Costs in Cuyahoga Falls
The cost of installing a solar system in Cuyahoga Falls can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend about $2,560 per kilowatt in Cuyahoga Falls. There are several different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you just 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 a solar system out of pocket is out of reach, solar loans are a popular 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. However, the interest on solar loans also adds to your all-in costs, so it's vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a part in determining your pricing. Cuyahoga Falls' solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $10,303 | 13.0 years |
8 kW | $2.61 | $14,623 | $14,024 | 12.8 years |
10 kW | $2.56 | $17,920 | $17,889 | 12.5 years |
12 kW | $2.51 | $21,074 | $21,896 | 12.3 years |
14 kW | $2.46 | $24,084 | $26,047 | 12.0 years |
16 kW | $2.41 | $26,952 | $30,342 | 11.8 years |
18 kW | $2.36 | $29,676 | $34,780 | 11.5 years |
20 kW | $2.30 | $32,256 | $39,361 | 11.3 years |
How to Save on Solar Panels
The solar company you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Contract: Before you sign a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Installation Process: When making the switch to solar power, it's essential to keep an open line of communication with your solar installer. Make sure you understand how the installation process works and the completion timeline.
- Solar Panel Brands: The model of solar panel you need to install plays a part in which company you should go with, since different companies provide different panels.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 Cuyahoga Falls, OH Solar Cost FAQs
How much does it cost to install solar panels in Cuyahoga Falls?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly 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 extra solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is going solar worth it?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
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 get 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.