Solar Panel Cost Guide in Shalersville, OH (2023 Update)
- Shalersville Solar Installation Cost: $13,960
- 25-Year Savings: $12,478
- Payback Period: 13.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Shalersville
Find out what the average cost of a solar system is in Shalersville.
The national average cost of solar panels is $2.66 per watt, but in Shalersville it's 2.56 per watt. Since a 7.8-kW system is needed to cover the energy needs of a typical home in Shalersville, the average price of going solar will be about $13,960 after claiming the federal solar tax credit of 30%.
The true cost of your system can be higher or lower than the average in Shalersville based on several factors, such as the type of solar panels you choose and the solar installer you hire. Despite the significant initial cost, the average Shalersville homeowner can save about $13,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a reputable solar company in your area for a customized quote.
Solar savings over time in Shalersville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,902 |
| 3 years | $-10,787 |
| 5 years | $-8,672 |
| 7 years | $-6,557 |
| 9 years | $-4,442 |
| 11 years | $-2,327 |
| 13 years | $-212 |
| 15 years | $1,903 |
| 17 years | $4,018 |
| 19 years | $6,133 |
| 21 years | $8,248 |
| 23 years | $10,363 |
| 25 years | $12,478 |
Top Solar Installers in Shalersville
Putting up solar panels on your own can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some in Shalersville:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Shalersville
Factors that Affect Solar Panel Costs in Shalersville
There are several factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The type of 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, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Shalersville average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Shalersville, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you pick will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more 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 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 | $9,179 | 13.7 years |
| 8 kW | $2.61 | $14,623 | $12,525 | 13.5 years |
| 10 kW | $2.56 | $17,920 | $16,015 | 13.2 years |
| 12 kW | $2.51 | $21,074 | $19,648 | 12.9 years |
| 14 kW | $2.46 | $24,084 | $23,425 | 12.7 years |
| 16 kW | $2.41 | $26,952 | $27,345 | 12.4 years |
| 18 kW | $2.36 | $29,676 | $31,408 | 12.1 years |
| 20 kW | $2.30 | $32,256 | $35,614 | 11.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Shalersville, OH Solar Cost FAQs
How much does it cost to install solar panels in Shalersville?
The average cost of solar panels in Shalersville 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 model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Shalersville?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $678.70 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 get 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.