Solar Panel Cost Guide in Lordstown, OH (Jan 2023)
- Lordstown Solar Installation Cost: $14,085
- 25-Year Savings: $12,352
- Payback Period: 13.3 Years
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Top Solar Installers in Lordstown
Installing solar panels by yourself can be a stressful undertaking, which is why using a solar installation company is a good option for many homeowners. Also, companies with a high reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you'd like to go solar 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 Lordstown
Factors that Affect Solar Panel Costs in Lordstown
There are many factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
When it comes to estimating the price of a solar panel system in Lordstown, one of the most important 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 usage, which you can gauge by looking at past energy bills. Your overall cost can increase by about $2,560 for each additional kilowatt you need. The brand and type of equipment you want for your solar system can raise or lower 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 a small roof 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 add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Lordstown have solar loans, which reduce your upfront costs of installing solar. While solar loans make adopting solar energy more accessible for Lordstown homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Lordstown, and each can charge varying amounts for labor and equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, 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||$8,989||13.9 years|
|8 kW||$2.61||$14,623||$12,272||13.6 years|
|10 kW||$2.56||$17,920||$15,698||13.3 years|
|12 kW||$2.51||$21,074||$19,268||13.1 years|
|14 kW||$2.46||$24,084||$22,981||12.8 years|
|16 kW||$2.41||$26,952||$26,837||12.5 years|
|18 kW||$2.36||$29,676||$30,837||12.3 years|
|20 kW||$2.30||$32,256||$34,980||12.0 years|
How to Save on Solar Panels
The solar company you choose will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:
- Contract: It's important to look over 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 comprehensive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: The brand of solar panel you need plays a role in which installer you should opt for, since different companies have different panels.
- 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 most likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
EcoWatch's Lordstown, 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.