Solar Panel Cost Guide in Sandy, OH (2023 Update)
- Sandy Solar Installation Cost: $13,936
- 25-Year Savings: $17,066
- Payback Period: 11.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Sandy
Find out how much it might cost to switch to solar power in Sandy.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sandy, the typical cost of a solar system is 2.56 per watt. Using this figure, a typical 7.8-kW system would cost about $13,942 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going solar can vary based on several factors, such as what size system you need, your energy consumption and what company you go with. For many homeowners, the upfront cost of solar is worth paying. On average Sandy homeowners see about $15,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Sandy that can help you get a more accurate cost estimate for your home.
Solar savings over time in Sandy
| Year | Return on Investment |
|---|---|
| 1 years | $-12,604 |
| 3 years | $-9,940 |
| 5 years | $-7,276 |
| 7 years | $-4,612 |
| 9 years | $-1,948 |
| 11 years | $716 |
| 13 years | $3,380 |
| 15 years | $6,044 |
| 17 years | $8,708 |
| 19 years | $11,372 |
| 21 years | $14,036 |
| 23 years | $16,700 |
| 25 years | $19,364 |
Top Solar Installers in Sandy
Trying to install solar panels by yourself can be a dangerous project, which is why hiring a solar installer is a good option for many homeowners. Another perk of working with a solar company is that they can help you make the most of your ROI by cutting back on future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
If you'd like to make the switch to solar but still aren't certain which solar panel company to go with, here are our suggestions for providers near you:
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 Sandy
Factors that Affect Solar Panel Costs in Sandy
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Sandy: 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 size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,560. The kind of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions 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 searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Sandy, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you choose to handle your switch to green energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Sandy, and each can charge different amounts for labor and equipment. The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and bulk 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 promotion can bring their pricing down 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 | $12,737 | 11.7 years |
| 8 kW | $2.61 | $14,623 | $17,269 | 11.5 years |
| 10 kW | $2.56 | $17,920 | $21,945 | 11.2 years |
| 12 kW | $2.51 | $21,074 | $26,764 | 11.0 years |
| 14 kW | $2.46 | $24,084 | $31,727 | 10.8 years |
| 16 kW | $2.41 | $26,952 | $36,832 | 10.6 years |
| 18 kW | $2.36 | $29,676 | $42,082 | 10.3 years |
| 20 kW | $2.30 | $32,256 | $47,474 | 10.1 years |
How to Save on Solar Panels
There are many companies to choose from in Sandy, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable 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: Before signing a contract with a solar installer, make sure to read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Sandy, OH Solar Cost FAQs
What is the average cost of installing solar panels in Sandy?
The average cost of solar panels in Sandy is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Sandy?
You can't get solar panels for free in Sandy. However, you may still be able to afford 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.
How much can I save on power bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Sandy, 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 many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much 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 account for 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.