Solar Panel Cost Guide in New Philadelphia, OH (2023 Update)

  • New Philadelphia Solar Installation Cost: $13,859
  • 25-Year Savings: $21,502
  • Payback Period: 9.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated September 15, 2023

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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 New Philadelphia

Find out how much it might cost to install solar panels in New Philadelphia.

In New Philadelphia, solar panels cost about 2.56 per watt on average. To account for the typical energy usage of the average home in New Philadelphia, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs about $13,852, or $19,808 before the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what installation company you go with. With average savings of about $17,000 on utility bills over 20 years, many homeowners in New Philadelphia find going solar has a decent ROI.

Click the button below to get connected to a top solar installer in your area for a customized quote.

Solar savings over time in New Philadelphia

Year Return on Investment
1 years $-13,741
3 years $-13,505
5 years $-13,269
7 years $-13,034
9 years $-12,798
11 years $-12,562
13 years $-12,327
15 years $-12,091
17 years $-11,855
19 years $-11,619
21 years $-11,384
23 years $-11,148
25 years $-10,912

Top Solar Installers in New Philadelphia

Trying to put up solar panels by yourself can be a stressful undertaking, which is why getting a solar installer is a good option for many homeowners. The expertise that solar installers provide can be helpful as well, particularly if you aren't sure what kind of solar equipment would be right for your home.

Working with a professional solar company can make going solar easier. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

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

Best Warranty Coverage

ADT Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in New Philadelphia

Factors that Affect Solar Panel Costs in New Philadelphia

For many New Philadelphia homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in New Philadelphia, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the New Philadelphia average.

Solar Financing Terms

If paying for a solar system in cash is too expensive, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average. While solar loans make going solar more accessible for New Philadelphia 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 solar installer you choose will affect your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.

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 $16,251 10.2 years
8 kW $2.61 $14,623 $21,955 10.0 years
10 kW $2.56 $17,920 $27,802 9.8 years
12 kW $2.51 $21,074 $33,792 9.6 years
14 kW $2.46 $24,084 $39,926 9.4 years
16 kW $2.41 $26,952 $46,204 9.2 years
18 kW $2.36 $29,676 $52,624 9.0 years
20 kW $2.30 $32,256 $59,188 8.8 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:

  • Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
  • Warranty: Warranties that cover defective panels and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
  • Contract: Before you sign a contract with a solar company, make sure you read it through carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

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

Best Warranty Coverage

ADT Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's New Philadelphia, OH Solar Cost FAQs

What is the average cost of installing solar panels in New Philadelphia?

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

Is cost the most important thing to keep in mind when buying solar panels?

The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Do solar panels increase your property value?

Solar panels can increase your home value considerably as long as you buy or finance your panels and don't choose 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 often do you have to replace solar panels?

On average, the lifespan of solar panels is 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 higher 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.

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