Solar Panel Cost Guide in Island Creek, OH (2024 Update)

  • Island Creek Solar Installation Cost: $18,548
  • 25-Year Savings: $17,343
  • Payback Period: 14.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Island Creek

Find out what the average cost of solar panels are in Island Creek.

In Island Creek, solar panels cost about 3 per watt on average.The average solar panel system size in Island Creek is around 7.8 kilowatts, meaning a cost of about $18,548 for a solar installation, or $26,524 before the 0 federal solar tax credit is applied.

Bear in mind that the figures above are only estimates based on the average energy use of Island Creek homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $15,000 over 20 years on utility bills.

You can click the button below to get connected with a pre-vetted solar installer in Island Creek that can help you get a more accurate cost estimate for your home.

Solar savings over time in Island Creek

YearReturn on Investment
1 years$-17,216
3 years$-14,552
5 years$-11,888
7 years$-9,224
9 years$-6,560
11 years$-3,896
13 years$-1,232
15 years$1,432
17 years$4,096
19 years$6,760
21 years$9,424
23 years$12,088
25 years$14,752

Top Solar Installers in Island Creek

Many homeowners opt for a solar installation company since figuring out how to install solar panels yourself can be a labor-intensive endeavor. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over the lifespan of your panels.

If you’d like to make the switch to solar but still aren’t certain which solar system installer to go with, here are our suggestions for providers near you:

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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

See all of the solar companies in Island Creek

Factors that Affect Solar Panel Costs in Island Creek

Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Island Creek: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $3,410 per kilowatt in Island Creek.There are many different solar panel brands and the one you choose also changes the cost. Typically, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Many homeowners find the average cost of solar in Island Creek to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

The solar company you choose to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies operating in Island Creek, and each can charge varying amounts for labor and equipment.The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater 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 promotion can bring their pricing down to compete with bigger companies.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.55$14,895$9,24815.4 years
8 kW$3.48$19,478$12,71315.1 years
10 kW$3.41$23,870$16,36814.8 years
12 kW$3.34$28,071$20,21514.5 years
14 kW$3.27$32,081$24,25214.2 years
16 kW$3.21$35,900$28,48113.9 years
18 kW$3.14$39,529$32,90013.6 years
20 kW$3.07$42,966$37,51113.3 years

How to Save on Solar Panels

There are many companies to choose from in Island Creek, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
  • Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
  • Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
  • Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
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Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

EcoWatch's Island Creek, OH Solar Cost FAQs

How much does it cost to install solar panels in Island Creek?

This is a tough question to answer exactly, because the cost depends on a few different 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. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Is it better to lease or buy solar panels in Island Creek?

Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

Can you sell solar power back to the grid in Island Creek?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.

How often do you have to replace solar panels?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had 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.