Solar Panel Cost Guide in Pleasant, OH (2024 Update)
- Pleasant Solar Installation Cost: $18,089
- 25-Year Savings: $16,175
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Pleasant
We break down average solar pricing in Pleasant.
The average cost of a solar system in Pleasant is 3 per watt.The average Pleasant homeowner needs a 7.6-kilowatt system, which would cost about $18,089 with the federal tax credit, or $25,867 before the 0 tax credit is applied.
The true cost of your system can go higher or lower than the average in Pleasant based on a few factors, such as the type of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $15,000 in savings on energy bills over 20 years.
To get a free quote from a highly rated solar installation company in Pleasant, you can click the button below.
Solar savings over time in Pleasant
| Year | Return on Investment |
|---|---|
| 1 years | $-16,862 |
| 3 years | $-14,407 |
| 5 years | $-11,952 |
| 7 years | $-9,497 |
| 9 years | $-7,042 |
| 11 years | $-4,588 |
| 13 years | $-2,133 |
| 15 years | $322 |
| 17 years | $2,777 |
| 19 years | $5,232 |
| 21 years | $7,687 |
| 23 years | $10,142 |
| 25 years | $12,597 |
Top Solar Installers in Pleasant
Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be hard. Solar warranties and repairs are typically included in the cost of installation when you go with a solar company as well, which can save you more money after your upfront investment.
If you're on the hunt for a solar installer in Pleasant, we've 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
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 Pleasant
Factors that Affect Solar Panel Costs in Pleasant
There are many criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,410 per kilowatt in Pleasant.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Pleasant provide solar loans, which reduce the initial cost of installing a solar system.You’ll have to consider the long-term cost of financing options, 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 more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Pleasant, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Pleasant know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $3.55 | $14,895 | $8,663 | 15.8 years |
| 8 kW | $3.48 | $19,478 | $11,933 | 15.5 years |
| 10 kW | $3.41 | $23,870 | $15,393 | 15.2 years |
| 12 kW | $3.34 | $28,071 | $19,045 | 14.9 years |
| 14 kW | $3.27 | $32,081 | $22,887 | 14.6 years |
| 16 kW | $3.21 | $35,900 | $26,921 | 14.3 years |
| 18 kW | $3.14 | $39,529 | $31,145 | 14.0 years |
| 20 kW | $3.07 | $42,966 | $35,560 | 13.7 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Pleasant, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which brand 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.
- Contract: Although reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: When going solar, it’s necessary to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the project completion timeline.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide 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 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 Pleasant, OH Solar Cost FAQs
What is the average cost of installing solar panels in Pleasant?
This is a hard question to answer exactly, because the cost depends on a variety of 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 cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Pleasant?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on power bills after installing solar panels?
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 $785.26 per year.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs 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 household 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.
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.