Solar Panel Cost Guide in Mayfield Heights, OH (2023 Update)
- Mayfield Heights Solar Installation Cost: $14,116
- 25-Year Savings: $13,264
- Payback Period: 12.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Mayfield Heights
We break down average solar pricing in Mayfield Heights.
The average cost of a solar panel system in Mayfield Heights is 2.56 per watt. The average solar panel system size in Mayfield Heights is around 7.9 kilowatts, meaning a cost of about $14,121 for a solar installation, or $20,193 before the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs will most likely look different based on your specific situation and what company you choose to go with. Despite the significant upfront cost, the average Mayfield Heights homeowner can save about $13,000 on their energy bills over 20 years, which is one of the advantages of solar.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Mayfield Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-14,025 |
| 3 years | $-13,842 |
| 5 years | $-13,659 |
| 7 years | $-13,477 |
| 9 years | $-13,294 |
| 11 years | $-13,112 |
| 13 years | $-12,929 |
| 15 years | $-12,747 |
| 17 years | $-12,564 |
| 19 years | $-12,382 |
| 21 years | $-12,199 |
| 23 years | $-12,017 |
| 25 years | $-11,834 |
Top Solar Installers in Mayfield Heights
When making the switch to solar, many homeowners decide to hire a solar company since installing a solar system yourself can be a time-consuming project. A solar company can also help save you money in the long run by offering warranties, repairs and system component replacements.
If you're looking for a solar company in Mayfield Heights, we've put together a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Mayfield Heights
Factors that Affect Solar Panel Costs in Mayfield Heights
Though the average cost of a solar system in Mayfield Heights is $14,121, your actual cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Mayfield Heights, where sunlight isn't as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Mayfield Heights offer solar loans, which reduce the initial cost of installing solar. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you choose to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies operating in Mayfield Heights, and each can charge varying amounts for labor and equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $9,673 | 13.4 years |
| 8 kW | $2.61 | $14,623 | $13,184 | 13.1 years |
| 10 kW | $2.56 | $17,920 | $16,839 | 12.9 years |
| 12 kW | $2.51 | $21,074 | $20,636 | 12.6 years |
| 14 kW | $2.46 | $24,084 | $24,577 | 12.4 years |
| 16 kW | $2.41 | $26,952 | $28,662 | 12.1 years |
| 18 kW | $2.36 | $29,676 | $32,890 | 11.9 years |
| 20 kW | $2.30 | $32,256 | $37,261 | 11.6 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose greatly impacts your costs and your system's durability and efficiency, it's important to pick 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 part breaking or the company going out of business.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The type of solar panel you'd like to get plays a part in which company you should choose, since different companies have access to different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Mayfield Heights, OH Solar Cost FAQs
What is the average cost of installing solar panels in Mayfield Heights?
The average cost of solar panels in Mayfield Heights is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.