Solar Panel Cost Guide in Hilliar, OH (2024 Update)
- Hilliar Solar Installation Cost: $18,277
- 25-Year Savings: $19,366
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in Hilliar
See how much it might cost to install solar panels in Hilliar.
The national average cost of solar panels is $2.66 per watt, but in Hilliar it’s 3 per watt.The average solar panel system size in Hilliar is around 7.7 kilowatts, meaning a cost of about $18,277 for a solar installation, or $26,136 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of solar system you choose, your solar contractor and more.With average savings of about $16,000 on energy bills over 20 years, many homeowners in Hilliar find going solar has a decent ROI.
You can click the button below to get connected with a vetted solar company in Hilliar for a quote for your home.
Solar savings over time in Hilliar
| Year | Return on Investment |
|---|---|
| 1 years | $-16,945 |
| 3 years | $-14,281 |
| 5 years | $-11,617 |
| 7 years | $-8,953 |
| 9 years | $-6,289 |
| 11 years | $-3,625 |
| 13 years | $-960 |
| 15 years | $1,704 |
| 17 years | $4,368 |
| 19 years | $7,032 |
| 21 years | $9,696 |
| 23 years | $12,360 |
| 25 years | $15,024 |
Top Solar Installers in Hilliar
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be hard. The expertise that solar companies offer can be valuable as well, particularly if you aren’t sure what brand of solar equipment you need.
There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Hilliar
Factors that Affect Solar Panel Costs in Hilliar
Though the average cost of a solar system in Hilliar is $18,277, your final cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The model of solar panels and equipment you want is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Hilliar, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.Although solar loans make switching to solar energy more accessible for Hilliar homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can affect the cost. Hilliar’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Hilliar are more knowledgeable about local solar incentives and can help you take advantage 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 | $3.55 | $14,895 | $11,032 | 14.4 years |
| 8 kW | $3.48 | $19,478 | $15,092 | 14.1 years |
| 10 kW | $3.41 | $23,870 | $19,342 | 13.8 years |
| 12 kW | $3.34 | $28,071 | $23,783 | 13.5 years |
| 14 kW | $3.27 | $32,081 | $28,416 | 13.3 years |
| 16 kW | $3.21 | $35,900 | $33,239 | 13.0 years |
| 18 kW | $3.14 | $39,529 | $38,253 | 12.7 years |
| 20 kW | $3.07 | $42,966 | $43,458 | 12.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, 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:
- Contract: Though reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
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 Hilliar, OH Solar Cost FAQs
What is the average cost of installing solar panels in Hilliar?
The average cost of solar panels in Hilliar is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
Cost is certainly 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 Hilliar?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
How long do solar panels last in Hilliar?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide 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.