Solar Panel Cost Guide in Painesville, OH (2025 Update)
- Painesville Solar Installation Cost: $18,626
- 25-Year Savings: $12,719
- Payback Period: 16.0 Years
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Average Cost of Solar Panels in Painesville
Find out what the average cost of solar panel installation is in Painesville.
The national average cost of solar panels is $2.66 per watt, but in Painesville it’s 3 per watt.Because a 7.8-kW system is needed to cover the energy usage of a typical home in Painesville, the average price of going solar will be about $18,626 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more.Even with the significant upfront cost, the average Painesville homeowner can save around $14,000 on their power bills over 20 years, which is one of the benefits of solar.
To get a free quote from a vetted solar company in Painesville, you can click the button below.
Solar savings over time in Painesville
| Year | Return on Investment |
|---|---|
| 1 years | $-17,372 |
| 3 years | $-14,865 |
| 5 years | $-12,357 |
| 7 years | $-9,849 |
| 9 years | $-7,342 |
| 11 years | $-4,834 |
| 13 years | $-2,327 |
| 15 years | $181 |
| 17 years | $2,689 |
| 19 years | $5,196 |
| 21 years | $7,704 |
| 23 years | $10,211 |
| 25 years | $12,719 |
Top Solar Installers in Painesville
When making the switch to solar, many homeowners opt to use a solar installation company since putting up a solar system yourself can be a challenging project. Another benefit of utilizing a solar company is that they can help you optimize your investment by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some nearby:
See all of the solar companies in Painesville
Factors that Affect Solar Panel Costs in Painesville
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Painesville: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Painesville, 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 determine by looking at past electricity bills. Your overall cost can increase by about $3,410 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Painesville, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Painesville have solar loans, which reduce your upfront costs of installing a solar system.Even though solar loans make switching to solar energy more accessible for Painesville homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you pick will impact your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that offers the products, warranties and services you want and also fits within 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 | $3.55 | $14,895 | $7,504 | 16.6 years |
| 8 kW | $3.48 | $19,478 | $10,387 | 16.3 years |
| 10 kW | $3.41 | $23,870 | $13,461 | 16.0 years |
| 12 kW | $3.34 | $28,071 | $16,726 | 15.7 years |
| 14 kW | $3.27 | $32,081 | $20,182 | 15.3 years |
| 16 kW | $3.21 | $35,900 | $23,829 | 15.0 years |
| 18 kW | $3.14 | $39,529 | $27,667 | 14.7 years |
| 20 kW | $3.07 | $42,966 | $31,696 | 14.4 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- 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 good reviews from previous customers.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
EcoWatch's Painesville, OH Solar Cost FAQs
What is the average cost of installing solar panels in Painesville?
The average cost of solar panels in Painesville 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 things such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Painesville?
Leasing solar panels can be an attractive choice, as it often 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $746.62 per year.
How long do solar panels last in Painesville?
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 how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use 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.