Solar Panel Cost Guide in Somers, OH (2023 Update)
- Somers Solar Installation Cost: $13,332
- 25-Year Savings: $16,493
- Payback Period: 11.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Somers
Here's how much it might cost to make the switch to solar in Somers.
While the national average of solar panels is $2.66 per watt, solar panels in Somers generally cost about 2.56. Since a 7.4-kW system is needed to cover the energy consumption of a typical home in Somers, the average price of going solar will be about $13,332 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average Somers homeowner. The price of a solar system for your home may look 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 investing in solar can be quite rewarding.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Somers
| Year | Return on Investment |
|---|---|
| 1 years | $-12,139 |
| 3 years | $-9,753 |
| 5 years | $-7,367 |
| 7 years | $-4,981 |
| 9 years | $-2,595 |
| 11 years | $-209 |
| 13 years | $2,177 |
| 15 years | $4,563 |
| 17 years | $6,949 |
| 19 years | $9,335 |
| 21 years | $11,721 |
| 23 years | $14,107 |
| 25 years | $16,493 |
Top Solar Installers in Somers
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make your swap to solar power much easier. The expertise that solar companies provide can be useful as well, especially if you aren't sure what kind of solar equipment you need.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Somers
Factors that Affect Solar Panel Costs in Somers
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Somers: 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
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you choose 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
Many homeowners find the average cost of solar in Somers to be too costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time because of interest. While solar loans make going solar more accessible for Somers homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Somers, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. 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 specials 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 | $2.66 | $11,182 | $12,859 | 11.6 years |
| 8 kW | $2.61 | $14,623 | $17,432 | 11.4 years |
| 10 kW | $2.56 | $17,920 | $22,148 | 11.2 years |
| 12 kW | $2.51 | $21,074 | $27,007 | 11.0 years |
| 14 kW | $2.46 | $24,084 | $32,010 | 10.7 years |
| 16 kW | $2.41 | $26,952 | $37,157 | 10.5 years |
| 18 kW | $2.36 | $29,676 | $42,447 | 10.3 years |
| 20 kW | $2.30 | $32,256 | $47,880 | 10.1 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 select the right company for you, here are some tips to keep in mind:
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, project timeline rebates and warranties.
- Solar Panel Brands: The brand of solar panel you need plays a role in which installer you should choose, since different companies have different panels.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
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 Somers, OH Solar Cost FAQs
How much does it cost to install solar panels in Somers?
The average cost of solar panels in Somers 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Somers?
You can't get solar panels for free in Somers. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.