Solar Panel Cost Guide in Shawnee, OH (2024 Update)
- Shawnee Solar Installation Cost: $18,154
- 25-Year Savings: $17,041
- Payback Period: 14.8 Years
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Average Cost of Solar Panels in Shawnee
We go over average solar pricing in Shawnee.
While the national average of solar panels is $2.66 per watt, solar panels in Shawnee generally cost around 3.Because a 7.6-kW system is needed to cover the energy usage of a typical home in Shawnee, the average price of going solar will be about $18,154 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of making the switch to solar can vary quite a bit based on several factors, such as what size system you need, your energy usage and what solar installer you go with.Despite the large upfront cost, the average Shawnee homeowner can save around $15,000 on their energy bills over 20 years, which is one of the perks of solar.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Shawnee
| Year | Return on Investment |
|---|---|
| 1 years | $-16,822 |
| 3 years | $-14,158 |
| 5 years | $-11,494 |
| 7 years | $-8,830 |
| 9 years | $-6,166 |
| 11 years | $-3,501 |
| 13 years | $-837 |
| 15 years | $1,827 |
| 17 years | $4,491 |
| 19 years | $7,155 |
| 21 years | $9,819 |
| 23 years | $12,483 |
| 25 years | $15,147 |
Top Solar Installers in Shawnee
Installing solar panels yourself can be a stressful task, which is why getting a solar installer is a good option for many homeowners. Companies can also offer access to quality options of the best solar panels and help you choose which one will be best for your family.
If you’d like to make the switch to solar but still aren’t certain which solar company to go with, here are our recommendations for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Shawnee
Factors that Affect Solar Panel Costs in Shawnee
While the average cost of a solar system in Shawnee is $18,154, your actual cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar equipment you choose can bring your price up or down 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. On the other hand, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, like solar batteries, can bump up your total well above the Shawnee average.
Solar Financing Terms
Many homeowners find the average cost of solar in Shawnee to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you choose will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $9,301 | 15.4 years |
| 8 kW | $3.48 | $19,478 | $12,784 | 15.1 years |
| 10 kW | $3.41 | $23,870 | $16,457 | 14.8 years |
| 12 kW | $3.34 | $28,071 | $20,321 | 14.5 years |
| 14 kW | $3.27 | $32,081 | $24,377 | 14.2 years |
| 16 kW | $3.21 | $35,900 | $28,623 | 13.9 years |
| 18 kW | $3.14 | $39,529 | $33,060 | 13.6 years |
| 20 kW | $3.07 | $42,966 | $37,688 | 13.3 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- 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 likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Contract: When reading through your solar installer’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 energy, it’s crucial to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process works and the project timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Shawnee, OH Solar Cost FAQs
How much does it cost to install solar panels in Shawnee?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly 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 additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Shawnee is currently $161,376, so you can expect a value of about $6,616 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Shawnee is a worthwhile investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home 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.