Solar Panel Cost Guide in Mechanic, OH (2023 Update)
- Mechanic Solar Installation Cost: $13,799
- 25-Year Savings: $19,174
- Payback Period: 10.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Mechanic
See how much it might cost to make the switch to solar in Mechanic.
The national average cost of solar panels is $2.66 per watt, but in Mechanic it's 2.56 per watt. The average Mechanic homeowner needs a 7.7-kilowatt system, which would cost about $13,798 with the federal tax credit, or $19,731 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going solar can vary depending on a few factors, such as what size system you need, your energy consumption and what solar installer you go with. Even with the large initial cost, the average Mechanic homeowner can save about $16,000 on their energy bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a top solar company in Mechanic that can help you get a more accurate cost estimate for your home.
Solar savings over time in Mechanic
| Year | Return on Investment |
|---|---|
| 1 years | $-13,690 |
| 3 years | $-13,470 |
| 5 years | $-13,250 |
| 7 years | $-13,030 |
| 9 years | $-12,810 |
| 11 years | $-12,590 |
| 13 years | $-12,371 |
| 15 years | $-12,151 |
| 17 years | $-11,931 |
| 19 years | $-11,711 |
| 21 years | $-11,491 |
| 23 years | $-11,272 |
| 25 years | $-11,052 |
Top Solar Installers in Mechanic
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of a solar company can make switching to solar power much easier. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be best for your family.
If you're on the hunt for a solar installer in Mechanic, we've compiled 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 Mechanic
Factors that Affect Solar Panel Costs in Mechanic
While the average cost of a solar system in Mechanic is $13,798, your actual cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Mechanic average.
Solar Financing Terms
Most solar companies in Mechanic offer solar loans, which reduce the initial cost of installing solar panels. It's wise to factor 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
A final consideration when trying to evaluate the cost of solar for your home or business in Mechanic is the company you choose to install your solar system. As with choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services at different price points. The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down 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 | $14,509 | 10.9 years |
| 8 kW | $2.61 | $14,623 | $19,632 | 10.7 years |
| 10 kW | $2.56 | $17,920 | $24,899 | 10.5 years |
| 12 kW | $2.51 | $21,074 | $30,309 | 10.3 years |
| 14 kW | $2.46 | $24,084 | $35,862 | 10.0 years |
| 16 kW | $2.41 | $26,952 | $41,558 | 9.8 years |
| 18 kW | $2.36 | $29,676 | $47,398 | 9.6 years |
| 20 kW | $2.30 | $32,256 | $53,382 | 9.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: If you care about the longevity of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Contract: Before signing a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Mechanic, OH Solar Cost FAQs
What is the average cost of installing solar panels in Mechanic?
The average cost of solar panels in Mechanic is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mechanic?
A solar panel system isn't free in Mechanic, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 buy between 20 and 35 panels to account for 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.