Solar Panel Cost Guide in Monclova, OH (2025 Update)
- Monclova Solar Installation Cost: $18,269
- 25-Year Savings: $14,416
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Monclova
We break down average solar pricing in Monclova.
While the national average of solar panels is $2.66 per watt, solar panels in Monclova typically cost about 3.To cover the typical energy usage of the average home in Monclova, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs around $18,269, or $26,125 before the federal solar tax credit of 0 is applied.
These figures are just averages, and the cost of going solar for you will look different based on the amount of energy your home requires and what company you go with.With average savings of about $14,000 on utility bills over 20 years, many homeowners in Monclova find installing solar panels has a decent ROI.
Click the button below to get connected to a vetted solar panel company in your area for a customized estimate.
Solar savings over time in Monclova
Year | Return on Investment |
---|---|
1 years | $-16,972 |
3 years | $-14,377 |
5 years | $-11,782 |
7 years | $-9,188 |
9 years | $-6,593 |
11 years | $-3,999 |
13 years | $-1,404 |
15 years | $1,190 |
17 years | $3,785 |
19 years | $6,380 |
21 years | $8,974 |
23 years | $11,569 |
25 years | $14,163 |
Top Solar Installers in Monclova
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Taking advantage of a solar company can make your switch to solar power much easier. Another good thing about using a top solar installer is that it'll provide warranties and free repairs, which help protect your investment.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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 Monclova
Factors that Affect Solar Panel Costs in Monclova
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Monclova: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar system you need to offset your energy usage, 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 around $3,410. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Monclova, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Monclova offer solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also increases your overall costs, so it’s vital to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can play a part in determining your pricing. Monclova’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Monclova have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $7,158 | 16.9 years |
8 kW | $3.48 | $19,478 | $9,927 | 16.6 years |
10 kW | $3.41 | $23,870 | $12,886 | 16.2 years |
12 kW | $3.34 | $28,071 | $16,036 | 15.9 years |
14 kW | $3.27 | $32,081 | $19,377 | 15.6 years |
16 kW | $3.21 | $35,900 | $22,908 | 15.3 years |
18 kW | $3.14 | $39,529 | $26,631 | 14.9 years |
20 kW | $3.07 | $42,966 | $30,545 | 14.6 years |
How to Save on Solar Panels
There are numerous companies available in Monclova, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies have various brands and types of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the completion timeline.
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Monclova, OH Solar Cost FAQs
What is the average cost of installing solar panels in Monclova?
The average cost of solar panels in Monclova is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Monclova?
A solar panel system isn’t free in Monclova, 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.
How will installing solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Monclova is currently $401,683, so you could be looking at a value of about $16,469 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Monclova is a worthwhile investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.