Solar Panel Cost Guide in Jackson, OH (2023 Update)
- Jackson Solar Installation Cost: $13,524
- 25-Year Savings: $18,586
- Payback Period: 10.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Jackson
Find out what the average cost of installing solar panels is in Jackson.
The national average cost of solar panels is $2.66 per watt, but in Jackson it's 2.56 per watt. The average solar panel system size in Jackson is around 7.5 kilowatts, meaning a cost of about $13,530 for a solar installation, or $19,348 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of solar panels you choose, your solar contractor and more. Even with the high upfront cost, the average Jackson homeowner can save about $16,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a top solar installer in your area for a custom quote.
Solar savings over time in Jackson
| Year | Return on Investment |
|---|---|
| 1 years | $-12,297 |
| 3 years | $-9,844 |
| 5 years | $-7,391 |
| 7 years | $-4,938 |
| 9 years | $-2,484 |
| 11 years | $-31 |
| 13 years | $2,422 |
| 15 years | $4,875 |
| 17 years | $7,328 |
| 19 years | $9,781 |
| 21 years | $12,235 |
| 23 years | $14,688 |
| 25 years | $17,141 |
Top Solar Installers in Jackson
Many homeowners choose to use a solar panel installer since installing solar panels on your own can be a lot of work. Companies can also have access to quality options of the best solar panels and help you decide which one will be right for you.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Jackson
Factors that Affect Solar Panel Costs in Jackson
The cost of installing a solar system in Jackson can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Jackson, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can figure out by looking at past energy bills. Your overall cost can increase by about $2,560 for each additional kilowatt you need. The type of solar panels and equipment you choose is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Plus, solar equipment goes beyond 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 for a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Jackson have solar loans, which reduce your upfront costs of installing solar panels. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies in Jackson, and each can charge varying amounts for labor and equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $14,347 | 11.0 years |
| 8 kW | $2.61 | $14,623 | $19,415 | 10.7 years |
| 10 kW | $2.56 | $17,920 | $24,628 | 10.5 years |
| 12 kW | $2.51 | $21,074 | $29,983 | 10.3 years |
| 14 kW | $2.46 | $24,084 | $35,482 | 10.1 years |
| 16 kW | $2.41 | $26,952 | $41,125 | 9.9 years |
| 18 kW | $2.36 | $29,676 | $46,910 | 9.7 years |
| 20 kW | $2.30 | $32,256 | $52,839 | 9.5 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. Because choosing a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- Contract: Look through the contract terms closely to make sure you understand the total cost, project timeline rebates and warranties.
- Installation Process: Get details 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.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two 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 good reviews from previous customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Jackson, OH Solar Cost FAQs
What is the average cost of installing solar panels in Jackson?
The average cost of solar panels in Jackson 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Jackson?
A solar panel system isn't free in Jackson, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How much can I save on electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Jackson, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Jackson?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.