Solar Panel Cost Guide in Middleburg Heights, OH (2023 Update)
- Middleburg Heights Solar Installation Cost: $14,116
- 25-Year Savings: $15,515
- Payback Period: 11.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Middleburg Heights
See how much it might cost to switch to solar power in Middleburg Heights.
In Middleburg Heights, solar panels cost about 2.56 per watt on average. The average Middleburg Heights homeowner needs a 7.9-kilowatt system, which would cost about $14,121 with the federal tax credit, or $20,193 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Middleburg Heights homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find going solar is a fruitful investment. The average homeowner in Middleburg Heights can save around $14,000 on their energy bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Middleburg Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-14,017 |
| 3 years | $-13,820 |
| 5 years | $-13,622 |
| 7 years | $-13,424 |
| 9 years | $-13,227 |
| 11 years | $-13,029 |
| 13 years | $-12,832 |
| 15 years | $-12,634 |
| 17 years | $-12,437 |
| 19 years | $-12,239 |
| 21 years | $-12,042 |
| 23 years | $-11,844 |
| 25 years | $-11,647 |
Top Solar Installers in Middleburg Heights
When making the switch to solar, many homeowners decide to hire a solar installation company since handling can be a time-consuming project. Plus, if you aren't sure what kind of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Middleburg Heights
Factors that Affect Solar Panel Costs in Middleburg Heights
While the average cost of a solar system in Middleburg Heights is $14,121, your final cost may differ. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,560. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
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. Though solar loans make adopting solar energy more accessible for Middleburg Heights homeowners, they can also increase the total you pay for your system due to interest. 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 remaining significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of renewable energy solutions in Middleburg Heights, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 numerous companies to choose from in Middleburg Heights, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Contract: Before you sign a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable 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 look into your installer's reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Middleburg Heights, OH Solar Cost FAQs
What is the average cost of installing solar panels in Middleburg Heights?
The average cost of solar panels in Middleburg 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
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 install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Do solar panels increase your home value?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage 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 install 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.