Solar Panel Cost Guide in Sebring, OH (Mar 2023)
- Sebring Solar Installation Cost: $14,049
- 25-Year Savings: $12,939
- Payback Period: 13.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sebring
We break down average solar pricing in Sebring.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sebring, the average cost of a solar system is 2.56 per watt. Because a 7.8-kW system is needed to cover the energy costs of a typical home in Sebring, the average price of going solar will be about $14,049 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy needs, the type of equipment you want to get, your solar contractor and more. Despite the significant upfront cost, the average Sebring homeowner can save around $13,000 on their power bills over 20 years, which is one of the positives of solar.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Sebring
| Year | Return on Investment |
|---|---|
| 1 years | $-12,970 |
| 3 years | $-10,811 |
| 5 years | $-8,652 |
| 7 years | $-6,493 |
| 9 years | $-4,334 |
| 11 years | $-2,175 |
| 13 years | $-16 |
| 15 years | $2,144 |
| 17 years | $4,303 |
| 19 years | $6,462 |
| 21 years | $8,621 |
| 23 years | $10,780 |
| 25 years | $12,939 |
Top Solar Installers in Sebring
When going solar, many homeowners decide to go with a solar installation company since putting up solar panels yourself can be a difficult project. The expertise that solar installers provide can be valuable 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 near you:
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 Sebring
Factors that Affect Solar Panel Costs in Sebring
The cost of installing a solar system in Sebring can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,560. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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 energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Sebring average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are provided by most installers in Sebring, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Sebring is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services at different price points. The company's size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and bulk 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 | $9,459 | 13.5 years |
| 8 kW | $2.61 | $14,623 | $12,899 | 13.3 years |
| 10 kW | $2.56 | $17,920 | $16,482 | 13.0 years |
| 12 kW | $2.51 | $21,074 | $20,208 | 12.8 years |
| 14 kW | $2.46 | $24,084 | $24,078 | 12.5 years |
| 16 kW | $2.41 | $26,952 | $28,091 | 12.2 years |
| 18 kW | $2.36 | $29,676 | $32,248 | 12.0 years |
| 20 kW | $2.30 | $32,256 | $36,548 | 11.7 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose greatly influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can research your installer's reputation is by reading reviews.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Contract: When reading over 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 if the company goes out of business.
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 Sebring, OH Solar Cost FAQs
What is the average cost of installing solar panels in Sebring?
The average cost of solar panels in Sebring 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about 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.
Is it worth going solar in Sebring?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
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.