Solar Panel Cost Guide in Huntington, OH (Mar 2023)
- Huntington Solar Installation Cost: $13,315
- 25-Year Savings: $22,171
- Payback Period: 9.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Huntington
We break down average solar pricing in Huntington.
While the national average of solar panels is $2.66 per watt, solar panels in Huntington generally cost around 2.56. Since a 7.4-kW system is needed to cover the energy costs of a typical home in Huntington, the average price of going solar will be about $13,315 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy use, the type of equipment you want, your solar contractor and more. Even with the large initial cost, the average Huntington homeowner can save about $18,000 on their electricity bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a reputable solar panel company in Huntington for a custom quote.
Solar savings over time in Huntington
| Year | Return on Investment |
|---|---|
| 1 years | $-11,895 |
| 3 years | $-9,056 |
| 5 years | $-6,217 |
| 7 years | $-3,378 |
| 9 years | $-540 |
| 11 years | $2,299 |
| 13 years | $5,138 |
| 15 years | $7,977 |
| 17 years | $10,816 |
| 19 years | $13,655 |
| 21 years | $16,494 |
| 23 years | $19,333 |
| 25 years | $22,171 |
Top Solar Installers in Huntington
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make switching to solar power much easier. Also, companies with a high reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're searching for a solar company in Huntington, the EcoWatch team has organized a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Huntington
Factors that Affect Solar Panel Costs in Huntington
There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use 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 type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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 electric bills. In addition, add-on products, like solar batteries, can bump up your total well above the Huntington average.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your overall costs, so it's vital to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installation company you select will play a role in your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. Companies that 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 with an above-average cost. It's best to do some research and decide on the company that provides the products, warranties and services you want and also fits 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 | $2.66 | $11,182 | $17,469 | 9.8 years |
| 8 kW | $2.61 | $14,623 | $23,579 | 9.6 years |
| 10 kW | $2.56 | $17,920 | $29,832 | 9.4 years |
| 12 kW | $2.51 | $21,074 | $36,229 | 9.2 years |
| 14 kW | $2.46 | $24,084 | $42,768 | 9.0 years |
| 16 kW | $2.41 | $26,952 | $49,452 | 8.8 years |
| 18 kW | $2.36 | $29,676 | $56,278 | 8.6 years |
| 20 kW | $2.30 | $32,256 | $63,248 | 8.4 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 find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies have different brands and models of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Huntington, OH Solar Cost FAQs
What is the average cost of installing solar panels in Huntington?
The average cost of solar panels in Huntington 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 stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
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 requires 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 household 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.