Solar Panel Cost Guide in Parma Heights, OH (2024 Update)

  • Parma Heights Solar Installation Cost: $18,803
  • 25-Year Savings: $12,542
  • Payback Period: 15.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated June 24, 2024

Why you can trust EcoWatch

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 Parma Heights

Here’s how much it might cost to make the switch to solar in Parma Heights.

The average cost of solar panels in Parma Heights is 3 per watt.The average Parma Heights homeowner needs a 7.9-kilowatt system, which would cost about $18,803 with the federal tax credit, or $26,888 before the 0 tax credit is applied.

Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of equipment you choose, your solar contractor and more.With typical savings of about $15,000 on electricity bills over 20 years, many homeowners in Parma Heights find investing in solar can pay off big.

You can click the button below to get connected with a top solar installer in Parma Heights that can help you get a more accurate cost estimate for your home.

Solar savings over time in Parma Heights

YearReturn on Investment
1 years$-17,549
3 years$-15,041
5 years$-12,534
7 years$-10,026
9 years$-7,518
11 years$-5,011
13 years$-2,503
15 years$4
17 years$2,512
19 years$5,020
21 years$7,527
23 years$10,035
25 years$12,542

Top Solar Installers in Parma Heights

Many homeowners choose to use a solar installation company since trying to put up solar panels by yourself can be a labor-intensive endeavor. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by providing warranties and repairs.

There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:

Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Technology

Tesla Energy

★★★★★
3.2
  • 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 Parma Heights

Factors that Affect Solar Panel Costs in Parma Heights

For many Parma Heights homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Parma Heights, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.

Solar Equipment

The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,410. The type of solar equipment you choose can bring your price up or down 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 electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Parma Heights average.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Parma Heights, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.Although solar loans make switching to solar energy more accessible for Parma Heights homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar installer you opt for to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Parma Heights, and each can charge varying amounts for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that has the products, warranties and services you want and also fits within your budget.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.55$14,895$8,81715.7 years
8 kW$3.48$19,478$12,13815.4 years
10 kW$3.41$23,870$15,65015.1 years
12 kW$3.34$28,071$19,35314.8 years
14 kW$3.27$32,081$23,24714.5 years
16 kW$3.21$35,900$27,33214.2 years
18 kW$3.14$39,529$31,60813.9 years
20 kW$3.07$42,966$36,07413.6 years

How to Save on Solar Panels

There are a lot of companies available in Parma Heights, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:

  • Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
  • Installation Process: Make sure you’re aligned with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.

Best Solar Financing

Blue Raven Solar

★★★★★
4.5
  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Technology

Tesla Energy

★★★★★
3.2
  • 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 Parma Heights, OH Solar Cost FAQs

What is the average cost of installing solar panels in Parma Heights?

The average cost of solar panels in Parma Heights 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 kind of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Parma Heights?

You can’t get solar panels for free in Parma Heights. 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’d rather own your solar panels, you can finance them with a solar loan.

Can you sell solar power back to the grid in Parma Heights?

Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in Parma Heights?

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 choose to replace them once you've had 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.