Solar Panel Cost Guide in Noble, OH (2024 Update)
- Noble Solar Installation Cost: $18,181
- 25-Year Savings: $16,266
- Payback Period: 15.2 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 Noble
Find out what the average cost of solar panel installation is in Noble.
The national average cost of solar panels is $2.66 per watt, but in Noble it’s 3 per watt.Because a 7.6-kW system is needed to cover the energy usage of a typical home in Noble, the average price of going solar will be about $18,181 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Noble homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $15,000 on electricity bills over 20 years, many homeowners in Noble find going solar can pay off big.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Noble
| Year | Return on Investment |
|---|---|
| 1 years | $-16,866 |
| 3 years | $-14,237 |
| 5 years | $-11,607 |
| 7 years | $-8,978 |
| 9 years | $-6,349 |
| 11 years | $-3,719 |
| 13 years | $-1,090 |
| 15 years | $1,539 |
| 17 years | $4,169 |
| 19 years | $6,798 |
| 21 years | $9,427 |
| 23 years | $12,056 |
| 25 years | $14,686 |
Top Solar Installers in Noble
Although it's possible to install solar panels by yourself, it takes extra time and handiness. Because of that, almost all homeowners choose to hire a solar panel installer. Companies can also have access to various kinds of the best solar panels and help you choose which one will be right for you.
There are a number of licensed solar professionals that can install solar panels for you. 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 Noble
Factors that Affect Solar Panel Costs in Noble
While the average cost of a solar system in Noble is $18,181, your final cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar system in Noble, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can figure out by looking at past energy bills. Your overall cost can increase by about $3,410 for each additional kilowatt you need.There are many different solar panel brands and the one you choose also affects the cost. Typically, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a solid choice because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher 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 consideration when trying to figure out the cost of solar for your home or business in Noble is the company you choose to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services at different costs.Additionally, some companies in Noble are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $8,671 | 15.8 years |
| 8 kW | $3.48 | $19,478 | $11,943 | 15.5 years |
| 10 kW | $3.41 | $23,870 | $15,406 | 15.2 years |
| 12 kW | $3.34 | $28,071 | $19,060 | 14.9 years |
| 14 kW | $3.27 | $32,081 | $22,905 | 14.6 years |
| 16 kW | $3.21 | $35,900 | $26,941 | 14.3 years |
| 18 kW | $3.14 | $39,529 | $31,168 | 14.0 years |
| 20 kW | $3.07 | $42,966 | $35,585 | 13.7 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Before signing a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: When going solar, it’s necessary to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
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 Noble, OH Solar Cost FAQs
What is the average cost of installing solar panels in Noble?
The average cost of solar panels in Noble 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Noble?
You can’t get solar panels for free in Noble. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Noble?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.