Solar Panel Cost Guide in East Liverpool, OH (2024 Update)
- East Liverpool Solar Installation Cost: $18,691
- 25-Year Savings: $13,231
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in East Liverpool
We break down average solar pricing in East Liverpool.
The national average cost of solar panels is $2.66 per watt, but in East Liverpool it’s 3 per watt.Since a 7.8-kW system is needed to cover the energy usage of a typical home in East Liverpool, the average price of going solar will be about $18,691 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of making the switch to solar can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what company you go with.Even with the significant initial cost, the average East Liverpool homeowner can save around $13,000 on their power bills over 20 years, which is one of the benefits of solar.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in East Liverpool
| Year | Return on Investment |
|---|---|
| 1 years | $-17,471 |
| 3 years | $-15,031 |
| 5 years | $-12,590 |
| 7 years | $-10,150 |
| 9 years | $-7,709 |
| 11 years | $-5,269 |
| 13 years | $-2,828 |
| 15 years | $-388 |
| 17 years | $2,053 |
| 19 years | $4,493 |
| 21 years | $6,933 |
| 23 years | $9,374 |
| 25 years | $11,814 |
Top Solar Installers in East Liverpool
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring an installer can make switching to solar power much easier. Some solar installers, particularly local ones, can help you better understand incentives in East Liverpool, thereby optimizing your ROI.
If you’d like to switch to solar energy but still aren’t certain which solar system installer to go with, here are our suggestions for providers in East Liverpool:
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 East Liverpool
Factors that Affect Solar Panel Costs in East Liverpool
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in East Liverpool: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,410. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bring your total well above the East Liverpool average.
Solar Financing Terms
Many homeowners find the average cost of solar in East Liverpool to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.Although solar loans make adopting solar energy more accessible for East Liverpool homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you pick will affect your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra 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 | $5,995 | 17.8 years |
| 8 kW | $3.48 | $19,478 | $8,376 | 17.5 years |
| 10 kW | $3.41 | $23,870 | $10,947 | 17.1 years |
| 12 kW | $3.34 | $28,071 | $13,709 | 16.8 years |
| 14 kW | $3.27 | $32,081 | $16,662 | 16.5 years |
| 16 kW | $3.21 | $35,900 | $19,807 | 16.1 years |
| 18 kW | $3.14 | $39,529 | $23,142 | 15.8 years |
| 20 kW | $3.07 | $42,966 | $26,668 | 15.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Reputation: Your solar installer should have a sound reputation as a company and have proven 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.
- Solar Panel Brands: The kind of solar panel you want to install plays a role in which installer you should opt for, since different companies have different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's East Liverpool, OH Solar Cost FAQs
How much does it cost to install solar panels in East Liverpool?
The average cost of solar panels in East Liverpool is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in East Liverpool?
You can’t get solar panels for free in East Liverpool. 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.
Can you sell solar power back to the grid in East Liverpool?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 higher 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.