Solar Panel Cost Guide in Rush Creek, OH (2023 Update)
- Rush Creek Solar Installation Cost: $13,471
- 25-Year Savings: $16,795
- Payback Period: 11.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Rush Creek
We go over average solar pricing in Rush Creek.
Although the national average of solar panels is $2.66 per watt, solar panels in Rush Creek generally cost around 2.56. Because a 7.5-kW system is needed to cover the energy costs of a typical home in Rush Creek, the average price of going solar will be about $13,476 after claiming the federal solar tax credit of 30%.
These figures are just averages, and how much solar costs for you will most likely differ based on your specific situation and what company you choose to go with. Despite the significant upfront cost, the average Rush Creek homeowner can save around $15,000 on their energy bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a pre-vetted solar company in Rush Creek for a quote for your home.
Solar savings over time in Rush Creek
| Year | Return on Investment |
|---|---|
| 1 years | $-13,370 |
| 3 years | $-13,169 |
| 5 years | $-12,967 |
| 7 years | $-12,765 |
| 9 years | $-12,563 |
| 11 years | $-12,361 |
| 13 years | $-12,160 |
| 15 years | $-11,958 |
| 17 years | $-11,756 |
| 19 years | $-11,554 |
| 21 years | $-11,353 |
| 23 years | $-11,151 |
| 25 years | $-10,949 |
Top Solar Installers in Rush Creek
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Going with a solar company can make switching to solar power much easier. The expertise that solar companies provide can be helpful as well, particularly if you don't quite know what type of solar equipment would be right for your home.
You can work with a local solar installer to get a free quote on the cost of solar panels 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
See all of the solar companies in Rush Creek
Factors that Affect Solar Panel Costs in Rush Creek
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Rush Creek: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,560. The brand of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Most solar installers in Rush Creek provide solar loans, which reduce your upfront costs of installing solar panels. Even though solar loans make switching to solar energy more accessible for Rush Creek homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Rush Creek, and each can charge different amounts for labor and equipment. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion 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 | $12,974 | 11.6 years |
| 8 kW | $2.61 | $14,623 | $17,586 | 11.4 years |
| 10 kW | $2.56 | $17,920 | $22,341 | 11.1 years |
| 12 kW | $2.51 | $21,074 | $27,239 | 10.9 years |
| 14 kW | $2.46 | $24,084 | $32,281 | 10.7 years |
| 16 kW | $2.41 | $26,952 | $37,466 | 10.5 years |
| 18 kW | $2.36 | $29,676 | $42,794 | 10.2 years |
| 20 kW | $2.30 | $32,256 | $48,266 | 10.0 years |
How to Save on Solar Panels
The solar panel company you go with will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.
- Contract: Review the contract terms carefully to make sure you understand the overall cost, completion timeline incentives and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Rush Creek, OH Solar Cost FAQs
What is the average cost of installing solar panels in Rush Creek?
The average cost of solar panels in Rush Creek 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 stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Rush Creek is currently $150,610, which means you can look forward to a value of about $6,175 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Rush Creek is a worthwhile investment.
What solar power system size is right for my home?
To figure out how many solar panels 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 house 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.