Solar Panel Cost Guide in Norton, OH (2023 Update)
- Norton Solar Installation Cost: $13,924
- 25-Year Savings: $13,598
- Payback Period: 12.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Norton
Let's have a look at the average cost of solar in Norton.
The average cost of a solar panel system in Norton is 2.56 per watt. The average solar panel system size in Norton is around 7.8 kilowatts, meaning a cost of about $13,924 for a solar installation, or $19,911 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. But, after you've paid the upfront cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $13,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar company in Norton that can help you get a more accurate cost estimate for your home.
Solar savings over time in Norton
| Year | Return on Investment |
|---|---|
| 1 years | $-12,823 |
| 3 years | $-10,621 |
| 5 years | $-8,419 |
| 7 years | $-6,218 |
| 9 years | $-4,016 |
| 11 years | $-1,814 |
| 13 years | $388 |
| 15 years | $2,590 |
| 17 years | $4,791 |
| 19 years | $6,993 |
| 21 years | $9,195 |
| 23 years | $11,397 |
| 25 years | $13,598 |
Top Solar Installers in Norton
When switching to solar energy, many homeowners prefer to use a solar company since DIY solar panel installation can be a time-consuming project. A solar installer can also help save you money over time by providing warranties, repairs and part replacements.
If you're on the hunt for a solar installer in Norton, the EcoWatch team has compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Norton
Factors that Affect Solar Panel Costs in Norton
The cost of installing a solar system in Norton can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,560 per kilowatt in Norton. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Norton average.
Solar Financing Terms
Many homeowners find the average cost of solar in Norton to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in paying more over time because of interest. However, the interest on solar loans also adds to your total costs, so it's crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installation company you select will affect your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $10,064 | 13.2 years |
| 8 kW | $2.61 | $14,623 | $13,705 | 12.9 years |
| 10 kW | $2.56 | $17,920 | $17,490 | 12.7 years |
| 12 kW | $2.51 | $21,074 | $21,418 | 12.4 years |
| 14 kW | $2.46 | $24,084 | $25,490 | 12.1 years |
| 16 kW | $2.41 | $26,952 | $29,705 | 11.9 years |
| 18 kW | $2.36 | $29,676 | $34,063 | 11.6 years |
| 20 kW | $2.30 | $32,256 | $38,564 | 11.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two 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 good reviews from previous customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Norton, OH Solar Cost FAQs
What is the average cost of installing solar panels in Norton?
The average cost of solar panels in Norton is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Norton?
Solar panels aren't free in Norton, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is going solar worth it?
Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.