Solar Panel Cost Guide in Duchouquet, OH (2024 Update)
- Duchouquet Solar Installation Cost: $18,045
- 25-Year Savings: $17,103
- Payback Period: 14.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Duchouquet
Find out what the average cost of solar panel installation is in Duchouquet.
In Duchouquet, solar panels cost about 3 per watt on average.Since a 7.6-kW system is needed to cover the energy costs of a typical home in Duchouquet, the average price of going solar will be about $18,045 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of making the switch to solar can vary depending on several factors, such as what size system you need, your energy consumption and what installation company you go with.With typical savings of about $15,000 on power bills over 20 years, many homeowners in Duchouquet find installing solar panels can pay off big.
You can click the button below to get connected with a vetted solar company in Duchouquet that can help you get a more accurate cost estimate for your home.
Solar savings over time in Duchouquet
| Year | Return on Investment |
|---|---|
| 1 years | $-16,922 |
| 3 years | $-14,676 |
| 5 years | $-12,431 |
| 7 years | $-10,185 |
| 9 years | $-7,939 |
| 11 years | $-5,693 |
| 13 years | $-3,448 |
| 15 years | $-1,202 |
| 17 years | $1,044 |
| 19 years | $3,289 |
| 21 years | $5,535 |
| 23 years | $7,781 |
| 25 years | $10,027 |
Top Solar Installers in Duchouquet
When switching to solar energy, many homeowners choose to go with a solar installer since overseeing your solar installation yourself can be a challenging project. Local solar installers can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
If you’d like to go solar but still aren’t sure 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
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 Duchouquet
Factors that Affect Solar Panel Costs in Duchouquet
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that determine your overall cost in Duchouquet: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,410. The type of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are provided by most installers in Duchouquet, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Duchouquet is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services at different costs.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.55 | $14,895 | $9,431 | 15.3 years |
| 8 kW | $3.48 | $19,478 | $12,957 | 15.0 years |
| 10 kW | $3.41 | $23,870 | $16,674 | 14.7 years |
| 12 kW | $3.34 | $28,071 | $20,581 | 14.4 years |
| 14 kW | $3.27 | $32,081 | $24,680 | 14.1 years |
| 16 kW | $3.21 | $35,900 | $28,970 | 13.8 years |
| 18 kW | $3.14 | $39,529 | $33,450 | 13.5 years |
| 20 kW | $3.07 | $42,966 | $38,121 | 13.2 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Duchouquet, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a quality company.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- 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.
- Contract: Look through the contract terms closely to make sure you understand the total cost, project timeline rebates and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Duchouquet, OH Solar Cost FAQs
What is the average cost of installing solar panels in Duchouquet?
The average cost of solar panels in Duchouquet is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Duchouquet?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How will installing solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Duchouquet is currently $177,759, so you could be looking at a value of about $7,288 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Duchouquet is a fruitful investment.
How long do solar panels last in Duchouquet?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.