Solar Panel Cost Guide in Pee Pee, OH (2023 Update)
- Pee Pee Solar Installation Cost: $13,261
- 25-Year Savings: $20,071
- Payback Period: 9.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Pee Pee
Let's take a look at the average cost of solar panels in Pee Pee.
The average cost of a solar panel system in Pee Pee is 2.56 per watt. The average solar panel system size in Pee Pee is around 7.4 kilowatts, meaning a cost of about $13,261 for a solar installation, or $18,963 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Pee Pee homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $17,000 over 20 years on energy bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Pee Pee
| Year | Return on Investment |
|---|---|
| 1 years | $-11,928 |
| 3 years | $-9,261 |
| 5 years | $-6,594 |
| 7 years | $-3,928 |
| 9 years | $-1,261 |
| 11 years | $1,405 |
| 13 years | $4,072 |
| 15 years | $6,738 |
| 17 years | $9,405 |
| 19 years | $12,071 |
| 21 years | $14,738 |
| 23 years | $17,404 |
| 25 years | $20,071 |
Top Solar Installers in Pee Pee
When making the switch to solar, many homeowners opt to go with a solar installation company since putting up solar panels yourself can be a challenging project. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
If you're searching for a solar installer in Pee Pee, we've put together 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Pee Pee
Factors that Affect Solar Panel Costs in Pee Pee
Although the average cost of a solar system in Pee Pee is $13,261, your final cost may differ. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant 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 Pee Pee. There are many different solar panel brands and the one you choose also changes the cost. In many cases, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you're looking to get 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
Many homeowners find the average cost of solar in Pee Pee to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Pee Pee is the company you hire to install your solar system. As with choosing a company to build a deck or pool, for instance, there's no shortage of solar installers that offer a range of services for different budgets. Additionally, some companies in Pee Pee know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $15,833 | 10.3 years |
| 8 kW | $2.61 | $14,623 | $21,398 | 10.1 years |
| 10 kW | $2.56 | $17,920 | $27,106 | 9.9 years |
| 12 kW | $2.51 | $21,074 | $32,957 | 9.8 years |
| 14 kW | $2.46 | $24,084 | $38,952 | 9.6 years |
| 16 kW | $2.41 | $26,952 | $45,090 | 9.4 years |
| 18 kW | $2.36 | $29,676 | $51,371 | 9.2 years |
| 20 kW | $2.30 | $32,256 | $57,796 | 9.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- 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 the terms of the warranty.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Pee Pee, OH Solar Cost FAQs
What is the average cost of installing solar panels in Pee Pee?
The average cost of solar panels in Pee Pee is about $12,800 for a 5-kW system and $25,600 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 cost the most important thing to keep in mind when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pee Pee is currently $115,592, so you can expect a value of about $4,739 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pee Pee is a fruitful investment.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had 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.
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.