Solar Panel Cost Guide in Somers, OH (2024 Update)
- Somers Solar Installation Cost: $17,768
- 25-Year Savings: $16,487
- Payback Period: 14.9 Years
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Average Cost of Solar Panels in Somers
We go over average solar pricing in Somers.
The national average cost of solar panels is $2.66 per watt, but in Somers it’s 3 per watt.The average solar panel system size in Somers is around 7.4 kilowatts, meaning a cost of about $17,768 for a solar installation, or $25,408 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Somers homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $15,000 on utility bills over 20 years, many homeowners in Somers find going solar can pay off big.
You can click the button below to get connected with a pre-vetted solar installer in Somers that can help you get a more accurate cost estimate for your home.
Solar savings over time in Somers
| Year | Return on Investment |
|---|---|
| 1 years | $-16,750 |
| 3 years | $-14,713 |
| 5 years | $-12,677 |
| 7 years | $-10,640 |
| 9 years | $-8,604 |
| 11 years | $-6,567 |
| 13 years | $-4,530 |
| 15 years | $-2,494 |
| 17 years | $-457 |
| 19 years | $1,579 |
| 21 years | $3,616 |
| 23 years | $5,653 |
| 25 years | $7,689 |
Top Solar Installers in Somers
Although it's possible to install solar panels yourself, it takes extra labor and expertise. That's why almost all homeowners choose to go with a solar panel installer. Solar warranties and repairs are often included in the cost of installation when you go with a solar contractor too, which can save you more money over time.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Somers
Factors that Affect Solar Panel Costs in Somers
The cost of installing a solar system in Somers can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,410. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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 over time on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Somers average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your all-in costs, so it’s important to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar company you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Some companies 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 come with an above-average cost. It’s best to do some research and decide on the company that offers the products, warranties and services you’re looking for and also fit into 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 | $9,146 | 15.5 years |
| 8 kW | $3.48 | $19,478 | $12,576 | 15.2 years |
| 10 kW | $3.41 | $23,870 | $16,198 | 14.9 years |
| 12 kW | $3.34 | $28,071 | $20,010 | 14.6 years |
| 14 kW | $3.27 | $32,081 | $24,014 | 14.3 years |
| 16 kW | $3.21 | $35,900 | $28,208 | 14.0 years |
| 18 kW | $3.14 | $39,529 | $32,593 | 13.7 years |
| 20 kW | $3.07 | $42,966 | $37,170 | 13.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: When making the switch to solar power, it’s essential to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
- Warranty: If you’re worried about the endurance of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- 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 expectations you should have about your solar system’s energy production.
- Solar Panel Brands: Different companies have different brands and types of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Somers, OH Solar Cost FAQs
How much does it cost to install solar panels in Somers?
This is a hard question to answer precisely, because the cost depends on many 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 be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Somers?
Solar panels aren’t free in Somers, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will solar panels impact my home value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses 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 household 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.