Solar Panel Cost Guide in Jefferson, OH (2024 Update)
- Jefferson Solar Installation Cost: $17,924
- 25-Year Savings: $14,259
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Jefferson
We break down average solar pricing in Jefferson.
The average cost of a solar panel system in Jefferson is 3 per watt.To cover the typical energy needs of the average home in Jefferson, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,924, or $25,631 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Jefferson homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $14,000 on power bills over 20 years, many homeowners in Jefferson find installing solar panels can be quite rewarding.
You can click the button below to get connected with a pre-vetted solar company in Jefferson for a quote for your home.
Solar savings over time in Jefferson
| Year | Return on Investment |
|---|---|
| 1 years | $-16,906 |
| 3 years | $-14,869 |
| 5 years | $-12,833 |
| 7 years | $-10,796 |
| 9 years | $-8,760 |
| 11 years | $-6,723 |
| 13 years | $-4,686 |
| 15 years | $-2,650 |
| 17 years | $-613 |
| 19 years | $1,423 |
| 21 years | $3,460 |
| 23 years | $5,496 |
| 25 years | $7,533 |
Top Solar Installers in Jefferson
Many homeowners opt for a solar installation company since trying to install solar panels by yourself can be challenging. The payback period on a solar system will vary depending on factors like your roof configuration and energy consumption, but going with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Jefferson:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Jefferson
Factors that Affect Solar Panel Costs in Jefferson
There are a number of criteria that can influence 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
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $3,410 per kilowatt in Jefferson.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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 in the long run on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Jefferson average.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your overall costs, so it’s vital to keep that in mind as well. You can always lower 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 opt for to install your solar system can play a part in determining how much it costs. Jefferson’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $7,250 | 16.8 years |
| 8 kW | $3.48 | $19,478 | $10,049 | 16.5 years |
| 10 kW | $3.41 | $23,870 | $13,038 | 16.2 years |
| 12 kW | $3.34 | $28,071 | $16,219 | 15.8 years |
| 14 kW | $3.27 | $32,081 | $19,590 | 15.5 years |
| 16 kW | $3.21 | $35,900 | $23,152 | 15.2 years |
| 18 kW | $3.14 | $39,529 | $26,906 | 14.9 years |
| 20 kW | $3.07 | $42,966 | $30,850 | 14.6 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 decide on the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one mark of a quality company.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Jefferson, OH Solar Cost FAQs
What is the average cost of installing solar panels in Jefferson?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider 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 a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
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 stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose 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.