Solar Panel Cost Guide in East Palestine, OH (2023 Update)
- East Palestine Solar Installation Cost: $14,032
- 25-Year Savings: $12,405
- Payback Period: 13.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in East Palestine
Let's take a look at the average cost of solar panels in East Palestine.
Currently, the national average cost of solar panels is $2.66 per watt. However, in East Palestine, the typical cost of solar panels is 2.56 per watt. To account for the typical energy needs of the average home in East Palestine, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,031, or $20,064 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average East Palestine homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find going solar is a rewarding investment. The average homeowner in East Palestine can save around $13,000 on their energy bills over 20 years.
To receive a free estimate from a highly rated solar installation company in East Palestine, you can click the button below.
Solar savings over time in East Palestine
| Year | Return on Investment |
|---|---|
| 1 years | $-12,812 |
| 3 years | $-10,372 |
| 5 years | $-7,931 |
| 7 years | $-5,491 |
| 9 years | $-3,050 |
| 11 years | $-610 |
| 13 years | $1,831 |
| 15 years | $4,271 |
| 17 years | $6,712 |
| 19 years | $9,152 |
| 21 years | $11,593 |
| 23 years | $14,033 |
| 25 years | $16,474 |
Top Solar Installers in East Palestine
Although it's possible to install solar panels yourself, it involves extra labor and handiness. That's why most people choose to go with a solar panel installer. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be best for your family.
If you're on the hunt for a solar installer in East Palestine, we've compiled a list of our top suggestions here:
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 Palestine
Factors that Affect Solar Panel Costs in East Palestine
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in East Palestine: 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 panel system you need to offset your energy usage, 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 around $2,560. There are a lot of different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in East Palestine to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to paying more over time due to interest. However, the interest on solar loans also increases your overall costs, so it's vital to keep that in mind as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies in East Palestine, and each can charge varying amounts for labor and equipment. Additionally, some companies in East Palestine know more about local solar incentives and can help you make good use of 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 | $9,075 | 13.8 years |
| 8 kW | $2.61 | $14,623 | $12,387 | 13.5 years |
| 10 kW | $2.56 | $17,920 | $15,842 | 13.3 years |
| 12 kW | $2.51 | $21,074 | $19,440 | 13.0 years |
| 14 kW | $2.46 | $24,084 | $23,182 | 12.7 years |
| 16 kW | $2.41 | $26,952 | $27,067 | 12.5 years |
| 18 kW | $2.36 | $29,676 | $31,096 | 12.2 years |
| 20 kW | $2.30 | $32,256 | $35,268 | 11.9 years |
How to Save on Solar Panels
There are many companies to choose from in East Palestine, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Before you sign a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's East Palestine, OH Solar Cost FAQs
What is the average cost of installing solar panels in East Palestine?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally 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 other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in East Palestine?
Solar panels aren't free in East Palestine, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $675.24 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses 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 home 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.