Solar Panel Cost Guide in Mifflin, OH (2024 Update)
- Mifflin Solar Installation Cost: $18,014
- 25-Year Savings: $21,702
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Mifflin
Find out what the average cost of a solar system is in Mifflin.
The average cost of solar panels in Mifflin is 3 per watt.The average Mifflin homeowner needs a 7.5-kilowatt system, which would cost about $18,014 with the federal tax credit, or $25,760 before the 0 tax credit is applied.
The true cost of your system can go higher or lower than the average in Mifflin based on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire.With typical savings of about $18,000 on power bills over 20 years, many homeowners in Mifflin find going solar can pay off big.
Click the button below to get connected to a top solar company in your area for a custom quote.
Solar savings over time in Mifflin
| Year | Return on Investment |
|---|---|
| 1 years | $-16,785 |
| 3 years | $-14,328 |
| 5 years | $-11,870 |
| 7 years | $-9,413 |
| 9 years | $-6,956 |
| 11 years | $-4,498 |
| 13 years | $-2,041 |
| 15 years | $417 |
| 17 years | $2,874 |
| 19 years | $5,331 |
| 21 years | $7,789 |
| 23 years | $10,246 |
| 25 years | $12,704 |
Top Solar Installers in Mifflin
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Going with a solar panel installer can make your swap to solar power much easier. Companies can also offer access to quality options of the best solar panels and help you choose which one will be best for your home.
There are various 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
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 Mifflin
Factors that Affect Solar Panel Costs in Mifflin
The cost of installing a solar system in Mifflin can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,410.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Mifflin, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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 installers in Mifflin offer solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Mifflin is the company you get to install your solar panel system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services at different price points.Additionally, some companies in Mifflin have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $3.55 | $14,895 | $13,111 | 13.3 years |
| 8 kW | $3.48 | $19,478 | $17,863 | 13.0 years |
| 10 kW | $3.41 | $23,870 | $22,806 | 12.8 years |
| 12 kW | $3.34 | $28,071 | $27,940 | 12.5 years |
| 14 kW | $3.27 | $32,081 | $33,266 | 12.3 years |
| 16 kW | $3.21 | $35,900 | $38,782 | 12.0 years |
| 18 kW | $3.14 | $39,529 | $44,489 | 11.8 years |
| 20 kW | $3.07 | $42,966 | $50,387 | 11.5 years |
How to Save on Solar Panels
The company that does your 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 difficult, we have some tips to help you, such as:
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Mifflin, OH Solar Cost FAQs
What is the average cost of installing solar panels in Mifflin?
The average cost of solar panels in Mifflin is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Mifflin?
Solar panels aren’t free in Mifflin, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Mifflin have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How long do solar panels last in Mifflin?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.