Solar Panel Cost Guide in North Canton, OH (2025 Update)
- North Canton Solar Installation Cost: $18,563
- 25-Year Savings: $13,493
- Payback Period: 16.9 Years
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Average Cost of Solar Panels in North Canton
We break down average solar pricing in North Canton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in North Canton, the typical cost of solar panels is 3 per watt.To cover the typical energy usage of the average home in North Canton, most homeowners require a 7.8-kilowatt system. Using the figure above, a solar installation costs about $18,563, or $26,545 before the federal solar tax credit of 0 is applied.
The true cost of your system can be higher or lower than the average in North Canton depending on a few factors, such as the brand of solar panels you choose and the solar contractor you hire.Many homeowners find installing a solar panel system is a fruitful investment. The average homeowner in North Canton can save around $13,000 on their electricity bills over 20 years.
To get a free estimate from a vetted solar company in North Canton, you can click the button below.
Solar savings over time in North Canton
| Year | Return on Investment |
|---|---|
| 1 years | $-17,287 |
| 3 years | $-14,735 |
| 5 years | $-12,183 |
| 7 years | $-9,630 |
| 9 years | $-7,078 |
| 11 years | $-4,526 |
| 13 years | $-1,974 |
| 15 years | $579 |
| 17 years | $3,131 |
| 19 years | $5,683 |
| 21 years | $8,235 |
| 23 years | $10,788 |
| 25 years | $13,340 |
Top Solar Installers in North Canton
Many homeowners choose to use a solar panel installer since figuring out how to install solar panels yourself can be challenging. Also, if you’d like to maximize your investment in solar, going with a solar company can help with that too. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some nearby:
See all of the solar companies in North Canton
Factors that Affect Solar Panel Costs in North Canton
Though the average cost of a solar system in North Canton is $18,563, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.There are a lot of different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in North Canton provide solar loans, which reduce your upfront costs of installing solar panels.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies in North Canton, and each can charge different amounts for labor and equipment.The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater 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 promotion can bring their pricing down 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 | $3.55 | $14,895 | $6,267 | 17.6 years |
| 8 kW | $3.48 | $19,478 | $8,738 | 17.3 years |
| 10 kW | $3.41 | $23,870 | $11,400 | 16.9 years |
| 12 kW | $3.34 | $28,071 | $14,253 | 16.6 years |
| 14 kW | $3.27 | $32,081 | $17,296 | 16.2 years |
| 16 kW | $3.21 | $35,900 | $20,531 | 15.9 years |
| 18 kW | $3.14 | $39,529 | $23,957 | 15.6 years |
| 20 kW | $3.07 | $42,966 | $27,573 | 15.2 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 types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, such as:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the completion timeline.
- Warranty: If you care about the durability of your solar panels, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
EcoWatch's North Canton, OH Solar Cost FAQs
What is the average cost of installing solar panels in North Canton?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in North Canton?
Leasing solar panels can be an appealing 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 get the most savings.
How will solar panels impact how much my home is worth?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t opt for 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 a solar system."
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out 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.