Solar Panel Cost Guide in Rush, OH (Mar 2023)
- Rush Solar Installation Cost: $13,225
- 25-Year Savings: $18,431
- Payback Period: 10.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Rush
Find out what the average cost of a solar system is in Rush.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Rush, the average cost of a solar system is 2.56 per watt. The average solar panel system size in Rush is around 7.4 kilowatts, meaning a cost of about $13,225 for a solar installation, or $18,912 before the 30% federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you will look different based on your energy needs and what company you choose to go with. Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Rush can save around $16,000 on their energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Rush that can help you get a more accurate cost estimate for your home.
Solar savings over time in Rush
Year | Return on Investment |
---|---|
1 years | $-11,959 |
3 years | $-9,426 |
5 years | $-6,894 |
7 years | $-4,361 |
9 years | $-1,829 |
11 years | $704 |
13 years | $3,236 |
15 years | $5,769 |
17 years | $8,301 |
19 years | $10,834 |
21 years | $13,366 |
23 years | $15,899 |
25 years | $18,431 |
Top Solar Installers in Rush
When making the switch to solar, many homeowners prefer to hire a solar installer since overseeing your solar installation yourself can be a challenging project. The payback period on a solar system will vary based on factors like your location and energy consumption, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Rush
Factors that Affect Solar Panel Costs in Rush
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Rush: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Rush offer solar loans, which reduce the initial cost of installing a solar system. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Rush, and each can charge varying amounts for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that has the products, warranties and services you're looking for and also is within your budget.
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 | $14,570 | 10.9 years |
8 kW | $2.61 | $14,623 | $19,714 | 10.6 years |
10 kW | $2.56 | $17,920 | $25,001 | 10.4 years |
12 kW | $2.51 | $21,074 | $30,431 | 10.2 years |
14 kW | $2.46 | $24,084 | $36,004 | 10.0 years |
16 kW | $2.41 | $26,952 | $41,721 | 9.8 years |
18 kW | $2.36 | $29,676 | $47,581 | 9.6 years |
20 kW | $2.30 | $32,256 | $53,585 | 9.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: If you're worried about the durability of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Solar Panel Brands: The brand of solar panel you'd like to install plays a part in which installer you should go with, since different companies have different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Rush, OH Solar Cost FAQs
What is the average cost of installing solar panels in Rush?
The average cost of solar panels in Rush is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual 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.
Are solar panels free in Rush?
You can't get solar panels for free in Rush. However, you may still be able to get 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.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Rush is currently $103,381, so you can expect a value of about $4,239 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Rush is a rewarding investment.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.