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.To account for the typical energy needs of the average home in East Liverpool, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,691, or $26,728 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy consumption, the type of solar panels you want, your solar contractor and more.But, after you've paid the initial cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $13,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar company in East Liverpool that can help you get a more accurate cost estimate for your home.
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. Going with a solar panel installer can make switching to solar power much easier. Some solar installers, particularly local ones, can help you better understand incentives in East Liverpool, therefore optimizing your ROI.
If you’d like to go solar but still aren’t sure which solar company to go with, here are our recommendations for providers nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in East Liverpool
Factors that Affect Solar Panel Costs in East Liverpool
For many East Liverpool homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in East Liverpool, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,410.The model of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on 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
If paying for a solar system out of pocket is too expensive, solar loans are an affordable option because they lower your upfront costs and let you 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 total costs, so it’s crucial to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the growing popularity of clean energy solutions in East Liverpool, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.The company’s size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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
The solar company you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 use.
Are solar panels free in East Liverpool?
Solar panels aren’t free in East Liverpool, 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 you can take advantage of.
Does East Liverpool have a net metering program?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in East Liverpool?
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 the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use 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.