Solar Panel Cost Guide in Lincoln Heights, OH (Jan 2023)
- Lincoln Heights Solar Installation Cost: $13,243
- 25-Year Savings: $10,946
- Payback Period: 13.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Top Solar Installers in Lincoln Heights
Many homeowners decide to hire a solar installation company since trying to install solar panels yourself can be challenging. Companies can also provide access to a large variety of the best solar panels and help you choose which one will be best for your home.
If you'd like to switch to solar energy but still aren't certain which solar company to go with, here are our suggestions for providers near you:
See all of the solar companies in Lincoln Heights
Factors that Affect Solar Panel Costs in Lincoln Heights
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that will push your cost above or below the average in Lincoln Heights: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher 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 $2,560. The kind of solar equipment you choose can increase or decrease your cost 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. On the other hand, higher efficiency could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Lincoln Heights average.
Solar Financing Terms
Most solar installers in Lincoln Heights have solar loans, which reduce the initial cost of installing a solar system. Though solar loans make going solar more accessible for Lincoln Heights homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can play a role in determining your pricing. Lincoln Heights' solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to 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 discount can bring their pricing down to compete with bigger 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||$8,461||14.2 years|
|8 kW||$2.61||$14,623||$11,568||14.0 years|
|10 kW||$2.56||$17,920||$14,818||13.7 years|
|12 kW||$2.51||$21,074||$18,212||13.4 years|
|14 kW||$2.46||$24,084||$21,749||13.1 years|
|16 kW||$2.41||$26,952||$25,430||12.9 years|
|18 kW||$2.36||$29,676||$29,253||12.6 years|
|20 kW||$2.30||$32,256||$33,221||12.3 years|
How to Save on Solar Panels
The company that does your solar system 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:
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of 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.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
EcoWatch's Lincoln Heights, OH Solar Cost FAQs
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.