Solar Panel Cost Guide in East Palestine, OH (2024 Update)
- East Palestine Solar Installation Cost: $18,691
- 25-Year Savings: $12,405
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in East Palestine
Let’s take a look at the average cost of solar in East Palestine.
The national average cost of solar panels is $2.66 per watt, but in East Palestine it’s 3 per watt.The average East Palestine homeowner needs a 7.8-kilowatt system, which would cost about $18,691 with the federal tax credit, or $26,728 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of solar panels you choose, your solar contractor and more.But, once you've paid the initial cost of installation, the ROI for most homeowners is quite good, with a net average savings of about $13,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar company in East Palestine for a quote for your home.
Solar savings over time in East Palestine
| 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 Palestine
Many homeowners opt for a solar panel company since trying to put up solar panels by yourself can be time-consuming. The payback period of solar panels will vary depending on factors like your location and energy consumption, but going with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you're searching for a solar installer in East Palestine, we've organized a list of our top suggestions here:
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 Palestine
Factors that Affect Solar Panel Costs in East Palestine
For many East Palestine homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in East Palestine, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like East Palestine, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in East Palestine have 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 put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in East Palestine is the company you get to install your PV system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services for different budgets.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials 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 | $3.55 | $14,895 | $5,362 | 18.4 years |
| 8 kW | $3.48 | $19,478 | $7,532 | 18.0 years |
| 10 kW | $3.41 | $23,870 | $9,892 | 17.7 years |
| 12 kW | $3.34 | $28,071 | $12,443 | 17.3 years |
| 14 kW | $3.27 | $32,081 | $15,185 | 17.0 years |
| 16 kW | $3.21 | $35,900 | $18,119 | 16.6 years |
| 18 kW | $3.14 | $39,529 | $21,243 | 16.3 years |
| 20 kW | $3.07 | $42,966 | $24,558 | 15.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- 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 most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer’s reputation is by reading reviews.
- Solar Panel Brands: The brand of solar panel you need plays a role in which company you should opt for, since different companies provide different panels.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
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 Palestine, OH Solar Cost FAQs
How much does it cost to install solar panels in East Palestine?
The average cost of solar panels in East Palestine 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in East Palestine?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
Although 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 how much energy they produce will have decreased significantly after that point. You can opt to replace them after having 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.