Solar Panel Cost Guide in Lemon, OH (2023 Update)
- Lemon Solar Installation Cost: $13,315
- 25-Year Savings: $14,076
- Payback Period: 12.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Lemon
Find out what the average cost of installing solar panels is in Lemon.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lemon, the typical cost of a solar system is 2.56 per watt. The average solar panel system size in Lemon is around 7.4 kilowatts, meaning a cost of about $13,315 for a solar installation, or $19,040 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Lemon homeowners. The cost 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 utility bills over 20 years, many homeowners in Lemon find going solar can pay off big.
To receive a free estimate from a vetted solar installation company in Lemon, you can click the button below.
Solar savings over time in Lemon
| Year | Return on Investment |
|---|---|
| 1 years | $-12,219 |
| 3 years | $-10,028 |
| 5 years | $-7,836 |
| 7 years | $-5,645 |
| 9 years | $-3,454 |
| 11 years | $-1,263 |
| 13 years | $929 |
| 15 years | $3,120 |
| 17 years | $5,311 |
| 19 years | $7,503 |
| 21 years | $9,694 |
| 23 years | $11,885 |
| 25 years | $14,076 |
Top Solar Installers in Lemon
Many homeowners decide to use a solar panel company since figuring out how to install solar panels yourself can be a labor-intensive endeavor. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Lemon
Factors that Affect Solar Panel Costs in Lemon
There are many factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the price of a solar panel system in Lemon, 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 total cost can increase by about $2,560 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Lemon, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Lemon homeowners opt to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also increases your overall costs, so it's important 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 putting more money down.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Lemon, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. You may come across 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 promotions 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 | $2.66 | $11,182 | $10,922 | 12.6 years |
| 8 kW | $2.61 | $14,623 | $14,850 | 12.4 years |
| 10 kW | $2.56 | $17,920 | $18,921 | 12.2 years |
| 12 kW | $2.51 | $21,074 | $23,135 | 11.9 years |
| 14 kW | $2.46 | $24,084 | $27,493 | 11.7 years |
| 16 kW | $2.41 | $26,952 | $31,994 | 11.4 years |
| 18 kW | $2.36 | $29,676 | $36,638 | 11.2 years |
| 20 kW | $2.30 | $32,256 | $41,426 | 10.9 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: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can research your installer's reputation is by reading reviews.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Lemon, OH Solar Cost FAQs
How much does it cost to install solar panels in Lemon?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to 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 your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Does Lemon have a net metering program?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
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 their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using 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.