Solar Panel Cost Guide in Pleasant, OH (2023 Update)
- Pleasant Solar Installation Cost: $13,580
- 25-Year Savings: $16,175
- Payback Period: 11.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Pleasant
We go over average solar pricing in Pleasant.
The average cost of solar panels in Pleasant is 2.56 per watt. To account for the typical energy usage of the average home in Pleasant, most homeowners require a 7.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $13,583, or $19,424 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Pleasant homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find installing a solar panel system is a fruitful investment. The average homeowner in Pleasant can save about $15,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar company in Pleasant for a personalized estimate.
Solar savings over time in Pleasant
| Year | Return on Investment |
|---|---|
| 1 years | $-13,481 |
| 3 years | $-13,283 |
| 5 years | $-13,084 |
| 7 years | $-12,886 |
| 9 years | $-12,688 |
| 11 years | $-12,489 |
| 13 years | $-12,291 |
| 15 years | $-12,093 |
| 17 years | $-11,894 |
| 19 years | $-11,696 |
| 21 years | $-11,498 |
| 23 years | $-11,299 |
| 25 years | $-11,101 |
Top Solar Installers in Pleasant
Putting up solar panels on your own can be a time-consuming undertaking, which is why getting a solar installation company is a good option for many homeowners. Some solar companies, particularly local ones, can help you make the most of incentives in Pleasant, therefore optimizing your ROI.
If you're searching for a solar company in Pleasant, the EcoWatch team has organized 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
See all of the solar companies in Pleasant
Factors that Affect Solar Panel Costs in Pleasant
The cost of installing a solar system in Pleasant can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The kind 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. On the other hand, higher efficiency could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Pleasant average.
Solar Financing Terms
Many homeowners find the average cost of solar in Pleasant to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest. You'll have to consider the long-term cost of loans, including the total 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 APR could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installation company you pick will influence your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Pleasant have more knowledge about local solar incentives and can help you make good use of 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 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 | $12,376 | 11.9 years |
| 8 kW | $2.61 | $14,623 | $16,788 | 11.6 years |
| 10 kW | $2.56 | $17,920 | $21,343 | 11.4 years |
| 12 kW | $2.51 | $21,074 | $26,042 | 11.2 years |
| 14 kW | $2.46 | $24,084 | $30,884 | 11.0 years |
| 16 kW | $2.41 | $26,952 | $35,869 | 10.7 years |
| 18 kW | $2.36 | $29,676 | $40,998 | 10.5 years |
| 20 kW | $2.30 | $32,256 | $46,270 | 10.3 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Pleasant, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Before signing a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Pleasant, OH Solar Cost FAQs
How much does it cost to install solar panels in Pleasant?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Are solar panels free in Pleasant?
A solar panel system isn't free in Pleasant, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Pleasant, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Pleasant?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.