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Top Solar Installers in Lyndhurst
Many homeowners opt for a solar installer since trying to install solar panels on your own can be hard. The expertise that solar installers provide can be invaluable as well, especially if you aren't sure what kind of solar equipment you need.
If you're looking for a solar company in Lyndhurst, we've compiled a list of our top suggestions here:
See all of the solar companies in Lyndhurst
Factors that Affect Solar Panel Costs in Lyndhurst
The cost of installing a solar system in Lyndhurst can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
When it comes to estimating the price of a solar system in Lyndhurst, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past power bills. Your total cost can increase by around $2,560 for each additional kilowatt you need. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Lyndhurst average.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular choice because they cut back your upfront costs and let you 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 decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can affect how much it costs. Lyndhurst's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Lyndhurst have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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||$11,387||12.4 years|
|8 kW||$2.61||$14,623||$15,470||12.1 years|
|10 kW||$2.56||$17,920||$19,695||11.9 years|
|12 kW||$2.51||$21,074||$24,065||11.7 years|
|14 kW||$2.46||$24,084||$28,577||11.4 years|
|16 kW||$2.41||$26,952||$33,233||11.2 years|
|18 kW||$2.36||$29,676||$38,032||11.0 years|
|20 kW||$2.30||$32,256||$42,975||10.7 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can research your installer's reputation is by reading reviews.
EcoWatch's Lyndhurst, 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.