Solar Panel Cost Guide in Duchouquet, OH (2023 Update)
- Duchouquet Solar Installation Cost: $13,548
- 25-Year Savings: $17,102
- Payback Period: 11.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Duchouquet
Here's how much it might cost to switch to solar power in Duchouquet.
The average cost of solar panels in Duchouquet is 2.56 per watt. To cover the typical energy usage of the average home in Duchouquet, most homeowners require a 7.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $13,548, or $19,374 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 vary based on your household energy needs, the type of solar system you want to get, your solar contractor and more. But, once you've paid the initial cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $15,000 over 20 years on power bills.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Duchouquet
Year | Return on Investment |
---|---|
1 years | $-12,322 |
3 years | $-9,870 |
5 years | $-7,418 |
7 years | $-4,966 |
9 years | $-2,514 |
11 years | $-62 |
13 years | $2,390 |
15 years | $4,842 |
17 years | $7,294 |
19 years | $9,746 |
21 years | $12,198 |
23 years | $14,650 |
25 years | $17,102 |
Top Solar Installers in Duchouquet
When making the switch to solar, many homeowners choose to use a solar installation company since overseeing your solar installation yourself can be a time-consuming project. Another advantage of working with a solar company is that they can help you optimize your ROI by lowering your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on how much your investment in solar 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Duchouquet
Factors that Affect Solar Panel Costs in Duchouquet
The cost of installing a solar system in Duchouquet can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Duchouquet, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can figure out by looking at past energy bills. Your overall cost can increase by about $2,560 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you choose also affects 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
Most solar companies in Duchouquet offer solar loans, which reduce your upfront costs of installing a solar system. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Duchouquet, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, 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 | $13,144 | 11.5 years |
8 kW | $2.61 | $14,623 | $17,812 | 11.3 years |
10 kW | $2.56 | $17,920 | $22,624 | 11.0 years |
12 kW | $2.51 | $21,074 | $27,579 | 10.8 years |
14 kW | $2.46 | $24,084 | $32,677 | 10.6 years |
16 kW | $2.41 | $26,952 | $37,918 | 10.4 years |
18 kW | $2.36 | $29,676 | $43,303 | 10.2 years |
20 kW | $2.30 | $32,256 | $48,831 | 9.9 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
- Contract: It's important to read through your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Duchouquet, OH Solar Cost FAQs
How much does it cost to install solar panels in Duchouquet?
The average cost of solar panels in Duchouquet 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 like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Duchouquet?
You can't get solar panels for free in Duchouquet. 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 prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Duchouquet?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.