Solar Panel Cost Guide in Cuyahoga Falls, OH (2023 Update)
- Cuyahoga Falls Solar Installation Cost: $14,001
- 25-Year Savings: $13,977
- Payback Period: 12.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Cuyahoga Falls
Find out what the average cost of solar panels are in Cuyahoga Falls.
In Cuyahoga Falls, solar panels cost about 2.56 per watt on average. 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%.
Keep in mind that the figures above are only estimates based on the average energy use of Cuyahoga Falls homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the significant initial cost, the average Cuyahoga Falls homeowner can save about $14,000 on their energy bills over 20 years, which is one of the benefits of solar.
To receive a free estimate from a top solar company in Cuyahoga Falls, you can click the button below.
Solar savings over time in Cuyahoga Falls
Year | Return on Investment |
---|---|
1 years | $-13,908 |
3 years | $-13,721 |
5 years | $-13,535 |
7 years | $-13,348 |
9 years | $-13,162 |
11 years | $-12,975 |
13 years | $-12,789 |
15 years | $-12,602 |
17 years | $-12,416 |
19 years | $-12,229 |
21 years | $-12,043 |
23 years | $-11,856 |
25 years | $-11,669 |
Top Solar Installers in Cuyahoga Falls
Many homeowners opt for a solar installation company since trying to put up solar panels on your own can be a labor-intensive endeavor. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Cuyahoga Falls
Factors that Affect Solar Panel Costs in Cuyahoga Falls
While the average cost of a solar system in Cuyahoga Falls is $13,996, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are an affordable option because they reduce 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 how long it'll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can affect the cost. Cuyahoga Falls' solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Cuyahoga Falls have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 panel company you go with will affect 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 several important things you should take into account, such as:
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before making your decision.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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.
Are solar panels free in Cuyahoga Falls?
Solar panels aren't free in Cuyahoga Falls, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Cuyahoga Falls?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had 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.