Solar Panel Cost Guide in Moorefield, OH (2024 Update)
- Moorefield Solar Installation Cost: $17,780
- 25-Year Savings: $13,634
- Payback Period: 16.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Moorefield
Find out what the average cost of solar panel installation is in Moorefield.
In Moorefield, solar panels cost about 3 per watt on average.The average Moorefield homeowner needs a 7.4-kilowatt system, which would cost about $17,780 with the federal tax credit, or $25,425 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy consumption, the type of solar panels you choose, your solar contractor and more.Many homeowners find going solar is a solid investment. The average homeowner in Moorefield can save about $14,000 on their power bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Moorefield
| Year | Return on Investment |
|---|---|
| 1 years | $-16,627 |
| 3 years | $-14,321 |
| 5 years | $-12,016 |
| 7 years | $-9,710 |
| 9 years | $-7,404 |
| 11 years | $-5,098 |
| 13 years | $-2,792 |
| 15 years | $-486 |
| 17 years | $1,819 |
| 19 years | $4,125 |
| 21 years | $6,431 |
| 23 years | $8,737 |
| 25 years | $11,043 |
Top Solar Installers in Moorefield
Putting up solar panels on your own can be a time-consuming undertaking, which is why using a solar installer is a good option for many homeowners. Solar warranties and repairs are often included in the cost of installation when you go with a solar contractor too, which can save you more money after your upfront investment.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Moorefield
Factors that Affect Solar Panel Costs in Moorefield
There are several criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,410.There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Moorefield, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.Even though solar loans make switching to solar energy more accessible for Moorefield homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Moorefield, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also is within your budget.
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 | $6,839 | 17.1 years |
| 8 kW | $3.48 | $19,478 | $9,501 | 16.8 years |
| 10 kW | $3.41 | $23,870 | $12,354 | 16.5 years |
| 12 kW | $3.34 | $28,071 | $15,397 | 16.1 years |
| 14 kW | $3.27 | $32,081 | $18,632 | 15.8 years |
| 16 kW | $3.21 | $35,900 | $22,057 | 15.5 years |
| 18 kW | $3.14 | $39,529 | $25,674 | 15.2 years |
| 20 kW | $3.07 | $42,966 | $29,481 | 14.8 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly influences your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- 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.
- Contract: When looking 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 such as a system part breaking or the company going out of business.
- Warranty: If you’re concerned about the durability of your solar panels, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Moorefield, OH Solar Cost FAQs
How much does it cost to install solar panels in Moorefield?
The average cost of solar panels in Moorefield 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 model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How will installing solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Moorefield is currently $172,899, so you can expect a value of about $7,089 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Moorefield is a worthwhile investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 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.