Solar Panel Cost Guide in Heath, OH (2025 Update)
- Heath Solar Installation Cost: $18,121
- 25-Year Savings: $19,947
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in Heath
Let’s have a look at the average cost of solar panels in Heath.
The average cost of solar panels in Heath is 3 per watt.The average solar panel system size in Heath is around 7.6 kilowatts, meaning a cost of about $18,121 for a solar installation, or $25,913 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary depending on a few factors, such as what size system you need, your energy usage and what company you go with.But, once you've paid the initial cost of installation, the payback for most homeowners is usually good, with a net average savings of about $17,000 over 20 years on power bills.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Heath
| Year | Return on Investment |
|---|---|
| 1 years | $-16,789 |
| 3 years | $-14,125 |
| 5 years | $-11,460 |
| 7 years | $-8,796 |
| 9 years | $-6,132 |
| 11 years | $-3,468 |
| 13 years | $-804 |
| 15 years | $1,860 |
| 17 years | $4,524 |
| 19 years | $7,188 |
| 21 years | $9,852 |
| 23 years | $12,516 |
| 25 years | $15,180 |
Top Solar Installers in Heath
Although you can install solar panels on your own, it takes extra effort and expertise. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Also, companies with a good reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
See all of the solar companies in Heath
Factors that Affect Solar Panel Costs in Heath
For many Heath 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 Heath, with typical prices between $20,000 to $40,000. There are numerous factors that considerably 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 few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater 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 $3,410.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your energy bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Heath average.
Solar Financing Terms
Most solar installers in Heath provide solar loans, which reduce the initial cost of installing solar panels.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Heath, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also is within your budget.
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 | $11,623 | 14.0 years |
| 8 kW | $3.48 | $19,478 | $15,879 | 13.8 years |
| 10 kW | $3.41 | $23,870 | $20,326 | 13.5 years |
| 12 kW | $3.34 | $28,071 | $24,964 | 13.2 years |
| 14 kW | $3.27 | $32,081 | $29,793 | 13.0 years |
| 16 kW | $3.21 | $35,900 | $34,813 | 12.7 years |
| 18 kW | $3.14 | $39,529 | $40,024 | 12.4 years |
| 20 kW | $3.07 | $42,966 | $45,426 | 12.2 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 picking a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- 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 get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
EcoWatch's Heath, OH Solar Cost FAQs
What is the average cost of installing solar panels in Heath?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Heath?
Leasing solar panels can be an attractive choice, as it typically 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 option if you want to maximize your savings.
Can you sell solar power back to the grid in Heath?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size 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 house 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.