Solar Panel Cost Guide in Macedonia, OH (Feb 2023)
- Macedonia Solar Installation Cost: $13,996
- 25-Year Savings: $13,797
- Payback Period: 12.6 Years
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Top Solar Installers in Macedonia
When switching to solar energy, many homeowners decide to use a solar company since installing a solar system yourself can be a challenging project. A solar installer can also help save you money over time by providing warranties, repairs and part replacements.
If you're looking for a solar installer in Macedonia, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Macedonia
Factors that Affect Solar Panel Costs in Macedonia
The cost of installing a solar system in Macedonia can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, 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 energy system in Macedonia, 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 consumption, which you can gauge by looking at past energy bills. Your overall cost can increase by around $2,560 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also affects the cost. Usually, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Macedonia homeowners choose to finance their solar panel systems to make going solar more affordable. Though solar loans make switching to solar energy more accessible for Macedonia homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Macedonia, you'll have many options to choose from, but each comes at different price points for labor and equipment. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of 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 promotion 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||$10,161||13.1 years|
|8 kW||$2.61||$14,623||$13,835||12.8 years|
|10 kW||$2.56||$17,920||$17,652||12.6 years|
|12 kW||$2.51||$21,074||$21,613||12.3 years|
|14 kW||$2.46||$24,084||$25,717||12.1 years|
|16 kW||$2.41||$26,952||$29,964||11.8 years|
|18 kW||$2.36||$29,676||$34,354||11.6 years|
|20 kW||$2.30||$32,256||$38,888||11.3 years|
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and type has 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.
EcoWatch's Macedonia, 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.