Solar Panel Cost Guide in South Russell, OH (Dec 2022)

  • South Russell Solar Installation Cost: $13,942
  • 25-Year Savings: $13,438
  • Payback Period: 12.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in South Russell

We break down average solar pricing in South Russell.

Currently, the national average cost of solar panels is $2.66 per watt. However, in South Russell, the typical cost of a solar system is $3 per watt. Since a 7.8-kW system is needed to cover the energy needs of a typical home in South Russell, the average price of going solar will be about $13,942 before claiming the federal solar tax credit of 30%.

The true price you pay can be higher or lower than the average in South Russell based on several factors, such as the model of solar panels you choose and the solar installer you hire. Many homeowners find installing a solar system is a fruitful investment. The average homeowner in South Russell can save about $13,000 on their power bills over 20 years.

To calculate your potential savings and connect with a local solar expert, click the button below.

Solar savings over time in South Russell

Year Return on Investment
1 years $-12,847
3 years $-10,656
5 years $-8,466
7 years $-6,275
9 years $-4,085
11 years $-1,895
13 years $296
15 years $2,486
17 years $4,677
19 years $6,867
21 years $9,057
23 years $11,248
25 years $13,438

Top Solar Installers in South Russell

Although it's possible to install solar panels yourself, it involves extra time and knowledge. For that reason, almost all homeowners choose to hire a solar panel installer. Companies can also have access to a large variety of the best solar panels and help you choose which one will be right for your family.

You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 South Russell

Factors that Affect Solar Panel Costs in South Russell

Though the average cost of a solar system in South Russell is $13,942, your actual cost may differ. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.

Solar Equipment

The size of the solar energy system you need for your home, 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 $2,560. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Most solar companies in South Russell provide solar loans, which reduce your upfront costs of installing solar. Though solar loans make adopting solar energy more accessible for South Russell homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The remaining major cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in South Russell, 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 due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.

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 $9,933 13.2 years
8 kW $2.61 $14,623 $13,531 13.0 years
10 kW $2.56 $17,920 $17,272 12.7 years
12 kW $2.51 $21,074 $21,157 12.5 years
14 kW $2.46 $24,084 $25,185 12.2 years
16 kW $2.41 $26,952 $29,356 12.0 years
18 kW $2.36 $29,676 $33,670 11.7 years
20 kW $2.30 $32,256 $38,128 11.5 years

How to Save on Solar Panels

There are numerous companies to choose from in South Russell, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:

  • Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
  • Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
  • Solar Panel Brands: Different companies offer various brands and types of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
  • Contract: Review the contract terms closely to make sure you understand how much it will cost, project completion timeline incentives and warranties.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 South Russell, OH Solar Cost FAQs

How much does it cost to install solar panels in South Russell?

The average cost of solar panels in South Russell 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 things like the type of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider other than cost when buying solar panels?

Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in South Russell?

Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.

How long do solar panels last in South Russell?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.

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.

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