Solar Panel Cost Guide in Shalersville, OH (2024 Update)
- Shalersville Solar Installation Cost: $18,596
- 25-Year Savings: $12,477
- Payback Period: 17.6 Years
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Average Cost of Solar Panels in Shalersville
We go over average solar pricing in Shalersville.
While the national average of solar panels is $2.66 per watt, solar panels in Shalersville typically cost about 3.The average solar panel system size in Shalersville is around 7.8 kilowatts, meaning a cost of about $18,596 for a solar installation, or $26,592 before the 0 federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you may vary based on your energy needs and what company you want to go with.For many homeowners, the upfront cost of solar panels is worth paying. On average Shalersville homeowners see about $13,000 in savings on utility bills over 20 years.
To receive a free quote from a vetted solar installation company in Shalersville, you can click the button below.
Solar savings over time in Shalersville
Year | Return on Investment |
---|---|
1 years | $-17,376 |
3 years | $-14,935 |
5 years | $-12,495 |
7 years | $-10,054 |
9 years | $-7,614 |
11 years | $-5,173 |
13 years | $-2,733 |
15 years | $-292 |
17 years | $2,148 |
19 years | $4,588 |
21 years | $7,029 |
23 years | $9,469 |
25 years | $11,910 |
Top Solar Installers in Shalersville
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Going with an installer can make your swap to solar power much easier. Solar warranties and repairs are usually included in the cost of installation when you opt for a solar company too, which can save you more money over time.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Shalersville
Factors that Affect Solar Panel Costs in Shalersville
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Shalersville: 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 price of a solar panel system in Shalersville, one of the most crucial 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 consumption, which you can figure out by looking at past energy bills. Your total cost can increase by around $3,410 for each additional kilowatt you need.There are several different solar panel brands and the one you choose also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you just 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 a solar system in cash is difficult, solar loans are an affordable route because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.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’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 finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Shalersville is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services for different budgets.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that has the products, warranties and services you want and also is within your budget.
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 | $5,466 | 18.3 years |
8 kW | $3.48 | $19,478 | $7,670 | 17.9 years |
10 kW | $3.41 | $23,870 | $10,065 | 17.6 years |
12 kW | $3.34 | $28,071 | $12,651 | 17.2 years |
14 kW | $3.27 | $32,081 | $15,428 | 16.9 years |
16 kW | $3.21 | $35,900 | $18,396 | 16.5 years |
18 kW | $3.14 | $39,529 | $21,555 | 16.2 years |
20 kW | $3.07 | $42,966 | $24,904 | 15.8 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: It’s important to read through your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Installation Process: Get detailed information 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.
- Warranty: If you’re worried about the durability of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Shalersville, OH Solar Cost FAQs
What is the average cost of installing solar panels in Shalersville?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Shalersville?
You can’t get solar panels for free in Shalersville. However, you may still be able to get 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.
Does Shalersville have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a 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 buy 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.