Solar Panel Cost Guide in LaGrange, OH (2024 Update)
- LaGrange Solar Installation Cost: $16,893
- 25-Year Savings: $17,922
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in LaGrange
See how much it might cost to switch to solar power in LaGrange.
The average cost of solar panels in LaGrange is 3 per watt.The average LaGrange homeowner needs a 7.1-kilowatt system, which would cost about $16,893 with the federal tax credit, or $24,157 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of installing solar panels can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with.Many homeowners find installing a solar system is a sound investment. The average homeowner in LaGrange can save around $16,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar company in LaGrange for a quote for your home.
Solar savings over time in LaGrange
| Year | Return on Investment |
|---|---|
| 1 years | $-15,673 |
| 3 years | $-13,233 |
| 5 years | $-10,792 |
| 7 years | $-8,352 |
| 9 years | $-5,911 |
| 11 years | $-3,471 |
| 13 years | $-1,030 |
| 15 years | $1,410 |
| 17 years | $3,851 |
| 19 years | $6,291 |
| 21 years | $8,732 |
| 23 years | $11,172 |
| 25 years | $13,612 |
Top Solar Installers in LaGrange
Although you can install solar panels yourself, it takes extra labor and knowledge. For that reason, most people choose to go with a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance in the long run.
Working with a vetted solar installer 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 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 LaGrange
Factors that Affect Solar Panel Costs in LaGrange
For many LaGrange homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in LaGrange, with typical prices between $20,000 to $40,000. There are a few 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 variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,410.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable route because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in LaGrange, and each can charge different amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $11,051 | 14.4 years |
| 8 kW | $3.48 | $19,478 | $15,116 | 14.1 years |
| 10 kW | $3.41 | $23,870 | $19,373 | 13.8 years |
| 12 kW | $3.34 | $28,071 | $23,820 | 13.5 years |
| 14 kW | $3.27 | $32,081 | $28,459 | 13.2 years |
| 16 kW | $3.21 | $35,900 | $33,288 | 13.0 years |
| 18 kW | $3.14 | $39,529 | $38,308 | 12.7 years |
| 20 kW | $3.07 | $42,966 | $43,519 | 12.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Contract: It’s important to read through your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
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 LaGrange, OH Solar Cost FAQs
How much does it cost to install solar panels in LaGrange?
This is a difficult question to answer exactly, because the cost depends on many 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. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in LaGrange?
You can’t get solar panels for free in LaGrange. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $864.85 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a 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.