Solar Panel Cost Guide in Middleburg Heights, OH (2023 Update)
- Middleburg Heights Solar Installation Cost: $14,121
- 25-Year Savings: $15,510
- Payback Period: 11.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Middleburg Heights
Find out what the average cost of installing solar panels is in Middleburg Heights.
The average cost of a solar system in Middleburg Heights is 2.56 per watt. Using this figure, a typical 7.9-kW system would cost about $14,121 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of installing solar panels can vary based on multiple 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 Middleburg Heights homeowner can save around $14,000 on their power bills over 20 years, which is one of the advantages of solar.
To receive a free quote from a pre-vetted solar installer in Middleburg Heights, you can click the button below.
Solar savings over time in Middleburg Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-12,936 |
| 3 years | $-10,565 |
| 5 years | $-8,195 |
| 7 years | $-5,824 |
| 9 years | $-3,454 |
| 11 years | $-1,084 |
| 13 years | $1,287 |
| 15 years | $3,657 |
| 17 years | $6,028 |
| 19 years | $8,398 |
| 21 years | $10,769 |
| 23 years | $13,139 |
| 25 years | $15,510 |
Top Solar Installers in Middleburg Heights
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Going with a solar company can make swapping over to solar power much easier. The expertise that solar companies offer can be invaluable as well, especially if you don't quite know what brand of solar equipment would be right for your home.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Middleburg Heights
Factors that Affect Solar Panel Costs in Middleburg Heights
The cost of installing a solar system in Middleburg Heights can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,560. The kind of 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 bump up your total well above the Middleburg Heights average.
Solar Financing Terms
Many homeowners find the average cost of solar in Middleburg Heights to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can affect your pricing. Middleburg Heights' solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Middleburg Heights know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. 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
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Different companies carry different brands and types of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Middleburg Heights, OH Solar Cost FAQs
How much does it cost to install solar panels in Middleburg Heights?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Middleburg Heights?
You can't get solar panels for free in Middleburg Heights. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $752.31 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily 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 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.