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Top Solar Installers in Lorain
Although it's possible to install solar panels on your own, it involves extra effort and know-how. Because of that, almost all homeowners choose to go with a solar panel installer. The payback period of solar panels will vary depending on factors like your location and energy use, but working with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you're searching for a solar company in Lorain, we've compiled a list of our top suggestions here:
See all of the solar companies in Lorain
Factors that Affect Solar Panel Costs in Lorain
There are many criteria that can influence your 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 Size
When it comes to estimating the cost of solar panels in Lorain, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by about $2,560 for each additional kilowatt you need. The brand and type of equipment you choose 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 will be looking at 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
Most solar companies in Lorain have solar loans, which reduce the initial cost of installing a solar system. It's a good idea to add 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 the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can impact how much it costs. Lorain's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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||$11,745||12.2 years|
|8 kW||$2.61||$14,623||$15,947||12.0 years|
|10 kW||$2.56||$17,920||$20,292||11.7 years|
|12 kW||$2.51||$21,074||$24,780||11.5 years|
|14 kW||$2.46||$24,084||$29,412||11.3 years|
|16 kW||$2.41||$26,952||$34,187||11.0 years|
|18 kW||$2.36||$29,676||$39,106||10.8 years|
|20 kW||$2.30||$32,256||$44,168||10.6 years|
Solar Incentives in Lorain
How to Save on Solar Panels
There are a lot of 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:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Your solar installer should have a solid 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 certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project timeline incentives and warranties.
EcoWatch's Lorain, 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.