Solar Panel Cost Guide in Ross, OH (2023 Update)
- Ross Solar Installation Cost: $13,323
- 25-Year Savings: $19,502
- Payback Period: 10.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Ross
Let's take a look at the average cost of solar in Ross.
In Ross, solar panels cost about 2.56 per watt on average. The average Ross homeowner needs a 7.4-kilowatt system, which would cost about $13,315 with the federal tax credit, or $19,040 before the 30% tax credit is applied.
These figures are only estimates, and the cost of going solar for you will vary based on your specific situation and what company you choose to go with. For many homeowners, the upfront investment in solar is worth paying. On average Ross homeowners see about $17,000 in savings on energy bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Ross
| Year | Return on Investment |
|---|---|
| 1 years | $-12,158 |
| 3 years | $-9,828 |
| 5 years | $-7,498 |
| 7 years | $-5,168 |
| 9 years | $-2,838 |
| 11 years | $-508 |
| 13 years | $1,821 |
| 15 years | $4,151 |
| 17 years | $6,481 |
| 19 years | $8,811 |
| 21 years | $11,141 |
| 23 years | $13,471 |
| 25 years | $15,801 |
Top Solar Installers in Ross
When switching to solar energy, many homeowners choose to go with a solar installer since putting up solar panels yourself can be a time-consuming project. A solar company can also help save you money in the long run by offering warranties, repairs and part replacements.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Ross
Factors that Affect Solar Panel Costs in Ross
The cost of installing a solar system in Ross can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, 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 installing solar panels. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Ross, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Ross to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. You'll have to consider the long-term cost of loans, 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Ross is the company you get to install your solar system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different price points. The company's size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $15,308 | 10.6 years |
| 8 kW | $2.61 | $14,623 | $20,697 | 10.4 years |
| 10 kW | $2.56 | $17,920 | $26,230 | 10.1 years |
| 12 kW | $2.51 | $21,074 | $31,906 | 9.9 years |
| 14 kW | $2.46 | $24,084 | $37,726 | 9.7 years |
| 16 kW | $2.41 | $26,952 | $43,689 | 9.5 years |
| 18 kW | $2.36 | $29,676 | $49,795 | 9.3 years |
| 20 kW | $2.30 | $32,256 | $56,044 | 9.1 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Ross, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: If you're concerned about the endurance of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Ross, OH Solar Cost FAQs
How much does it cost to install solar panels in Ross?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly 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 other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Ross?
Solar panels aren't free in Ross, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $883.00 per year.
How often do you have to replace solar panels?
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 level 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.