Solar Panel Cost Guide in Munson, OH (2024 Update)

  • Munson Solar Installation Cost: $18,571
  • 25-Year Savings: $13,438
  • Payback Period: 17.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated April 21, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Munson

Let’s have a look at the average cost of solar panels in Munson.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Munson, the average cost of a solar system is 3 per watt.The average Munson homeowner needs a 7.8-kilowatt system, which would cost about $18,571 with the federal tax credit, or $26,557 before the 0 tax credit is applied.

The true cost of your system can go above or below the average in Munson based on a few factors, such as the kind of solar panels you choose and the solar company you hire.With typical savings of about $13,000 on utility bills over 20 years, many homeowners in Munson find going solar can be quite rewarding.

Click the button below to get connected to a reputable solar installer in Munson for a customized quote.

Solar savings over time in Munson

YearReturn on Investment
1 years$-17,317
3 years$-14,810
5 years$-12,302
7 years$-9,794
9 years$-7,287
11 years$-4,779
13 years$-2,272
15 years$236
17 years$2,744
19 years$5,251
21 years$7,759
23 years$10,267
25 years$12,774

Top Solar Installers in Munson

Putting up solar panels by yourself can be a stressful project, which is why getting a solar installation company is a good option for many homeowners. Solar companies offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.

If you're searching for a solar installer in Munson, the EcoWatch team has put together a list of our top suggestions here:

Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0
  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

Best Technology

Tesla Energy

★★★★★
3.2
  • 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 Munson

Factors that Affect Solar Panel Costs in Munson

The cost of installing a solar system in Munson can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

When it comes to estimating the cost of a solar energy system in Munson, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,410 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Munson, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, 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

Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Munson homeowners opt to finance their solar panel systems to make going solar more affordable.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.

Solar Panel Installation Company

A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Munson is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for example, you’ll have no shortage of solar installers that provide a range of services at different price points.Additionally, some companies in Munson have more knowledge 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 help you save more money in the long run.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.55$14,895$6,22017.6 years
8 kW$3.48$19,478$8,67617.3 years
10 kW$3.41$23,870$11,32217.0 years
12 kW$3.34$28,071$14,16016.6 years
14 kW$3.27$32,081$17,18816.3 years
16 kW$3.21$35,900$20,40715.9 years
18 kW$3.14$39,529$23,81715.6 years
20 kW$3.07$42,966$27,41815.3 years

How to Save on Solar Panels

There are numerous companies available in Munson, 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:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
  • Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
  • Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.

Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0
  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

Best Technology

Tesla Energy

★★★★★
3.2
  • 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 Munson, OH Solar Cost FAQs

How much does it cost to install solar panels in Munson?

The average cost of solar panels in Munson 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Munson?

Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.

How much can I save on energy bills after switching to solar?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Munson, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.