Solar Panel Cost Guide in Newcomerstown, OH (2023 Update)
- Newcomerstown Solar Installation Cost: $13,852
- 25-Year Savings: $19,918
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Newcomerstown
We go over average solar pricing in Newcomerstown.
In Newcomerstown, solar panels cost about 2.56 per watt on average. To cover the typical energy needs of the average home in Newcomerstown, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs around $13,852, or $19,808 before the federal solar tax credit of 30% is applied.
These figures are just averages, and your own solar costs will most likely differ based on factors unique to your home and what company you choose to go with. Despite the significant upfront cost, the average Newcomerstown homeowner can save around $17,000 on their energy bills over 20 years, which is one of the perks of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Newcomerstown
| Year | Return on Investment |
|---|---|
| 1 years | $-12,501 |
| 3 years | $-9,800 |
| 5 years | $-7,098 |
| 7 years | $-4,397 |
| 9 years | $-1,695 |
| 11 years | $1,007 |
| 13 years | $3,708 |
| 15 years | $6,410 |
| 17 years | $9,111 |
| 19 years | $11,813 |
| 21 years | $14,514 |
| 23 years | $17,216 |
| 25 years | $19,918 |
Top Solar Installers in Newcomerstown
Many homeowners opt for a solar installation company since figuring out how to install solar panels yourself can be hard. Some solar companies, particularly local ones, can help you make the most of incentives in Newcomerstown, optimizing your ROI.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Newcomerstown
Factors that Affect Solar Panel Costs in Newcomerstown
While the average cost of a solar system in Newcomerstown is $13,852, your actual cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
When it comes to estimating the price of a solar energy system in Newcomerstown, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by around $2,560 for each additional kilowatt you need. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Newcomerstown, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's vital to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the growing popularity of green energy solutions in Newcomerstown, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — 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 choose a company that provides the products, warranties and services you want and also fit into 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 | $2.66 | $11,182 | $15,017 | 10.7 years |
| 8 kW | $2.61 | $14,623 | $20,310 | 10.5 years |
| 10 kW | $2.56 | $17,920 | $25,745 | 10.3 years |
| 12 kW | $2.51 | $21,074 | $31,324 | 10.1 years |
| 14 kW | $2.46 | $24,084 | $37,047 | 9.8 years |
| 16 kW | $2.41 | $26,952 | $42,913 | 9.6 years |
| 18 kW | $2.36 | $29,676 | $48,922 | 9.4 years |
| 20 kW | $2.30 | $32,256 | $55,075 | 9.2 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Contract: Before signing a contract with a solar installer, make sure to look it over completely 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.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Newcomerstown, OH Solar Cost FAQs
How much does it cost to install solar panels in Newcomerstown?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places 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.
Does Newcomerstown have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 uses 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.