Solar Panel Cost Guide in Hudson, OH (2023 Update)
- Hudson Solar Installation Cost: $13,996
- 25-Year Savings: $15,648
- Payback Period: 11.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Hudson
Let's take a look at the average cost of solar in Hudson.
In Hudson, solar panels cost about 2.56 per watt on average. Using this figure, a typical 7.8-kW system would cost about $13,996 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Hudson 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. With typical savings of about $14,000 on power bills over 20 years, many homeowners in Hudson find going solar can be quite rewarding.
You can click the button below to get connected with a vetted solar installer in Hudson for a quote for your home.
Solar savings over time in Hudson
| Year | Return on Investment |
|---|---|
| 1 years | $-12,810 |
| 3 years | $-10,438 |
| 5 years | $-8,067 |
| 7 years | $-5,695 |
| 9 years | $-3,324 |
| 11 years | $-952 |
| 13 years | $1,419 |
| 15 years | $3,791 |
| 17 years | $6,162 |
| 19 years | $8,534 |
| 21 years | $10,905 |
| 23 years | $13,277 |
| 25 years | $15,648 |
Top Solar Installers in Hudson
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Using a solar company can make your swap to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Hudson
Factors that Affect Solar Panel Costs in Hudson
For many Hudson 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 Hudson, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need 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. The model of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are an affordable route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also adds to your total costs, so it's crucial to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can affect how much you pay. Hudson's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $11,583 | 12.3 years |
| 8 kW | $2.61 | $14,623 | $15,730 | 12.0 years |
| 10 kW | $2.56 | $17,920 | $20,021 | 11.8 years |
| 12 kW | $2.51 | $21,074 | $24,456 | 11.6 years |
| 14 kW | $2.46 | $24,084 | $29,034 | 11.3 years |
| 16 kW | $2.41 | $26,952 | $33,755 | 11.1 years |
| 18 kW | $2.36 | $29,676 | $38,619 | 10.9 years |
| 20 kW | $2.30 | $32,256 | $43,627 | 10.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Installation Process: When making the switch to solar, it's crucial to keep an open line of communication with your solar company. See to it that you understand how the installation process works and the completion timeline.
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 Hudson, OH Solar Cost FAQs
What is the average cost of installing solar panels in Hudson?
The average cost of solar panels in Hudson is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Hudson?
A solar panel system isn't free in Hudson, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Hudson?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.