Solar Panel Cost Guide in Harrison, OH (2023 Update)
- Harrison Solar Installation Cost: $13,449
- 25-Year Savings: $10,652
- Payback Period: 14.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Harrison
Find out what the average cost of solar panels are in Harrison.
The average cost of a solar panel system in Harrison is 2.56 per watt. Using this figure, a typical 7.5-kW system would cost about $13,458 before the 30% federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you will look different based on your specific situation and what company you choose to go with. But, once you've paid the upfront cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $12,000 over 20 years on energy bills.
Click the button below to get connected to a reputable solar panel company in your area for a customized quote.
Solar savings over time in Harrison
| Year | Return on Investment |
|---|---|
| 1 years | $-12,431 |
| 3 years | $-10,394 |
| 5 years | $-8,358 |
| 7 years | $-6,321 |
| 9 years | $-4,285 |
| 11 years | $-2,248 |
| 13 years | $-211 |
| 15 years | $1,825 |
| 17 years | $3,862 |
| 19 years | $5,898 |
| 21 years | $7,935 |
| 23 years | $9,972 |
| 25 years | $12,008 |
Top Solar Installers in Harrison
When making the switch to solar, many homeowners decide to go with a solar installer since installing a solar system yourself can be a difficult project. Since solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you'd like to switch to solar energy but still aren't sure which solar panel installer to go with, here are our suggestions for providers in Harrison:
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 Harrison
Factors that Affect Solar Panel Costs in Harrison
For many Harrison homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Harrison, 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
When it comes to estimating the price of a solar panel system in Harrison, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by around $2,560 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Harrison, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Harrison have solar loans, which reduce the initial cost of installing solar panels. It's wise to factor 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 how long it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can play a part in determining the cost. Harrison's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $2.66 | $11,182 | $8,086 | 14.5 years |
| 8 kW | $2.61 | $14,623 | $11,068 | 14.2 years |
| 10 kW | $2.56 | $17,920 | $14,193 | 14.0 years |
| 12 kW | $2.51 | $21,074 | $17,462 | 13.7 years |
| 14 kW | $2.46 | $24,084 | $20,874 | 13.4 years |
| 16 kW | $2.41 | $26,952 | $24,429 | 13.1 years |
| 18 kW | $2.36 | $29,676 | $28,128 | 12.8 years |
| 20 kW | $2.30 | $32,256 | $31,970 | 12.6 years |
How to Save on Solar Panels
There are many 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:
- Contract: Before signing a contract with a solar installer, make sure to look it over fully 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 what services you can expect from them.
- Warranty: If you're concerned about the endurance of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: The brand of solar panel you need plays a part 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 Harrison, OH Solar Cost FAQs
How much does it cost to install solar panels in Harrison?
This is a hard question to answer precisely, because the cost depends on many 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Harrison?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Harrison?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.