Solar Panel Cost Guide in Seal, OH (Mar 2023)
- Seal Solar Installation Cost: $13,261
- 25-Year Savings: $20,071
- Payback Period: 9.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Seal
Find out what the average cost of installing solar panels is in Seal.
The national average cost of solar panels is $2.66 per watt, but in Seal it's 2.56 per watt. Because a 7.4-kW system is needed to cover the energy usage of a typical home in Seal, the average price of going solar will be about $13,261 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy consumption, the type of equipment you want to get, your solar contractor and more. With average savings of about $17,000 on power bills over 20 years, many homeowners in Seal find installing solar panels can be quite rewarding.
You can click the button below to get connected with a vetted solar installer in Seal that can help you get a more accurate cost estimate for your home.
Solar savings over time in Seal
Year | Return on Investment |
---|---|
1 years | $-11,928 |
3 years | $-9,261 |
5 years | $-6,594 |
7 years | $-3,928 |
9 years | $-1,261 |
11 years | $1,405 |
13 years | $4,072 |
15 years | $6,738 |
17 years | $9,405 |
19 years | $12,071 |
21 years | $14,738 |
23 years | $17,404 |
25 years | $20,071 |
Top Solar Installers in Seal
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make swapping over to solar power much easier. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
If you're searching for a solar installer in Seal, we've put together a list of our top suggestions here:
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 Seal
Factors that Affect Solar Panel Costs in Seal
For many Seal homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Seal, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar system in Seal, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past electricity bills. Your total cost can increase by about $2,560 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid choice because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar panel installation company you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Seal know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $15,833 | 10.3 years |
8 kW | $2.61 | $14,623 | $21,398 | 10.1 years |
10 kW | $2.56 | $17,920 | $27,106 | 9.9 years |
12 kW | $2.51 | $21,074 | $32,957 | 9.8 years |
14 kW | $2.46 | $24,084 | $38,952 | 9.6 years |
16 kW | $2.41 | $26,952 | $45,090 | 9.4 years |
18 kW | $2.36 | $29,676 | $51,371 | 9.2 years |
20 kW | $2.30 | $32,256 | $57,796 | 9.0 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
- Solar Panel Brands: The kind of solar panel you need plays a role in which installer you should choose, since different companies have access to different panels.
- Contract: When looking through your solar company's contract, ask for clarification 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.
- Installation Process: When making the switch to solar power, it's important to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project completion timeline.
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 Seal, OH Solar Cost FAQs
How much does it cost to install solar panels in Seal?
The average cost of solar panels in Seal 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 consume.
Are solar panels free in Seal?
You can't get solar panels for free in Seal. 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 prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located 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 $900.52 per year.
What solar power system size is right for my home?
To figure out what solar panel system size 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 generally 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.