Solar Panel Cost Guide in Hartville, OH (2023 Update)
- Hartville Solar Installation Cost: $13,942
- 25-Year Savings: $12,495
- Payback Period: 13.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Hartville
We break down average solar pricing in Hartville.
In Hartville, solar panels cost about 2.56 per watt on average. To account for the typical energy needs of the average home in Hartville, most homeowners require a 7.8-kilowatt system. Using the figure above, a solar installation costs around $13,942, or $19,937 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Hartville homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the payback for most homeowners is typically good, with a net average savings of about $13,000 over 20 years on energy bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Hartville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,884 |
| 3 years | $-10,769 |
| 5 years | $-8,654 |
| 7 years | $-6,539 |
| 9 years | $-4,424 |
| 11 years | $-2,309 |
| 13 years | $-194 |
| 15 years | $1,921 |
| 17 years | $4,036 |
| 19 years | $6,151 |
| 21 years | $8,266 |
| 23 years | $10,381 |
| 25 years | $12,495 |
Top Solar Installers in Hartville
Although you can install solar panels by yourself, it involves extra labor and knowledge. That's why most homeowners choose to go with a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be right for your family.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Hartville
Factors that Affect Solar Panel Costs in Hartville
The cost of installing a solar system in Hartville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,560. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Hartville, where sunlight isn't as abundant, efficiency can quickly pay off. In addition, 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 Hartville provide solar loans, which reduce the initial cost of installing solar panels. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the growing popularity of green energy solutions in Hartville, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 | $2.66 | $11,182 | $9,215 | 13.7 years |
| 8 kW | $2.61 | $14,623 | $12,573 | 13.4 years |
| 10 kW | $2.56 | $17,920 | $16,075 | 13.2 years |
| 12 kW | $2.51 | $21,074 | $19,720 | 12.9 years |
| 14 kW | $2.46 | $24,084 | $23,508 | 12.7 years |
| 16 kW | $2.41 | $26,952 | $27,440 | 12.4 years |
| 18 kW | $2.36 | $29,676 | $31,515 | 12.1 years |
| 20 kW | $2.30 | $32,256 | $35,734 | 11.9 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Hartville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: The type of solar panel you'd like to install plays a part in which installer you should opt for, since different companies have access to different panels.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Contract: Before signing a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Make sure your solar panel installer has a good reputation by verifying 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Hartville, OH Solar Cost FAQs
How much does it cost to install solar panels in Hartville?
The average cost of solar panels in Hartville is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Hartville?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The drawback 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is making the switch to solar worth it?
Solar panels can be a beneficial 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 power bills are already reasonably low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.