Solar Panel Cost Guide in Rush Creek, OH (2024 Update)
- Rush Creek Solar Installation Cost: $17,944
- 25-Year Savings: $16,795
- Payback Period: 14.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated February 03, 2024
Why you can trust EcoWatch
Average Cost of Solar Panels in Rush Creek
Let’s take a look at the average cost of solar panels in Rush Creek.
The national average cost of solar panels is $2.66 per watt, but in Rush Creek it’s 3 per watt.The average solar panel system size in Rush Creek is around 7.5 kilowatts, meaning a cost of about $17,944 for a solar installation, or $25,660 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of installing solar panels can vary based on a few factors, such as what size system you need, your energy usage and what solar installer you go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Rush Creek can save around $15,000 on their energy bills over 20 years.
You can click the button below to get connected with a 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 | $-16,612 |
3 years | $-13,948 |
5 years | $-11,284 |
7 years | $-8,620 |
9 years | $-5,956 |
11 years | $-3,292 |
13 years | $-628 |
15 years | $2,036 |
17 years | $4,700 |
19 years | $7,364 |
21 years | $10,028 |
23 years | $12,692 |
25 years | $15,356 |
Top Solar Installers in Rush Creek
Although you can install solar panels on your own, it requires extra energy and expertise. Because of that, the majority of homeowners choose to go with a solar panel installer. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Rush Creek
Factors that Affect Solar Panel Costs in Rush Creek
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that determine your overall cost in Rush Creek: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the cost of solar panels in Rush Creek, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can gauge by looking at past electricity bills. Your total cost can increase by about $3,410 for each additional kilowatt you need.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Rush Creek average.
Solar Financing Terms
Many homeowners find the average cost of solar in Rush Creek to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.You’ll have to consider the long-term cost of financing options, 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 above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Rush Creek is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that provide a range of services at different costs.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $9,262 | 15.4 years |
8 kW | $3.48 | $19,478 | $12,731 | 15.1 years |
10 kW | $3.41 | $23,870 | $16,391 | 14.8 years |
12 kW | $3.34 | $28,071 | $20,242 | 14.5 years |
14 kW | $3.27 | $32,081 | $24,284 | 14.2 years |
16 kW | $3.21 | $35,900 | $28,517 | 13.9 years |
18 kW | $3.14 | $39,529 | $32,941 | 13.6 years |
20 kW | $3.07 | $42,966 | $37,556 | 13.3 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Rush Creek?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.