Solar Panel Cost Guide in North Baltimore, OH (2023 Update)

  • North Baltimore Solar Installation Cost: $13,716
  • 25-Year Savings: $18,139
  • Payback Period: 10.8 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 North Baltimore

Find out what the average cost of a solar system is in North Baltimore.

Although the national average of solar panels is $2.66 per watt, solar panels in North Baltimore generally cost around 2.56. Because a 7.7-kW system is needed to cover the energy costs of a typical home in North Baltimore, the average price of going solar will be about $13,709 after claiming the federal solar tax credit of 30%.

Keep in mind that the figures above are only estimates based on the average North Baltimore homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $16,000 over 20 years on utility bills.

To see your potential savings and connect with a local solar installer, click the button below.

Solar savings over time in North Baltimore

Year Return on Investment
1 years $-12,384
3 years $-9,720
5 years $-7,056
7 years $-4,392
9 years $-1,728
11 years $936
13 years $3,600
15 years $6,264
17 years $8,928
19 years $11,592
21 years $14,256
23 years $16,920
25 years $19,584

Top Solar Installers in North Baltimore

Trying to put up solar panels on your own can be a time-consuming project, which is why using a solar installation company is a good option for many homeowners. The expertise that solar companies provide can be useful as well, particularly if you don't quite know what brand of solar equipment would be right for your home.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 North Baltimore

Factors that Affect Solar Panel Costs in North Baltimore

Even though the average cost of a solar system in North Baltimore is $13,709, your final cost may differ. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you choose also affects the cost. Typically, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you want to install 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

Most solar installers in North Baltimore offer solar loans, which reduce the initial cost of installing a solar system. It's wise 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 back the loan.

Solar Panel Installation Company

The final major cost factor you should take into consideration is the installer you choose. Given the growing popularity of green energy solutions in North Baltimore, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. The company's size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.

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 $13,788 11.2 years
8 kW $2.61 $14,623 $18,671 11.0 years
10 kW $2.56 $17,920 $23,697 10.8 years
12 kW $2.51 $21,074 $28,867 10.5 years
14 kW $2.46 $24,084 $34,180 10.3 years
16 kW $2.41 $26,952 $39,636 10.1 years
18 kW $2.36 $29,676 $45,236 9.9 years
20 kW $2.30 $32,256 $50,979 9.7 years

How to Save on Solar Panels

The solar panel company you opt for will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:

  • Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
  • Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Contract: Though reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Solar Panel Brands: The model of solar panel you need to get plays a role in which company you should choose, since different companies provide different panels.

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 North Baltimore, OH Solar Cost FAQs

What is the average cost of installing solar panels in North Baltimore?

This is a difficult question to answer precisely, because the cost depends on a few different 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 cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.

Are solar panels free in North Baltimore?

You can't get solar panels for free in North Baltimore. However, you may still be able to install 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.

Do solar panels increase the value of your home?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in North Baltimore is currently $92,200, which means you can expect a value of about $3,780 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in North Baltimore is a fruitful investment.

How many solar panels should I get to power 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 usually produce about 250 to 400 watt-hours per hour, the average house 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.

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