Solar Panel Cost Guide in Stow, OH (Sep 2022)

  • Stow Solar Installation Cost: $13,996
  • 25-Year Savings: $14,467
  • Payback Period: 12.3 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Stow

We go over average solar pricing in Stow.

In Stow, solar panels cost about $3 per watt on average. Since a 7.8-kW system is needed to cover the energy costs of a typical home in Stow, the average price of going solar will be about $13,996 before claiming the federal solar tax credit of 30%.

How much you pay can be higher or lower than the average in Stow based on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire. With typical savings of about $14,000 on energy bills over 20 years, many homeowners in Stow find investing in solar can be quite rewarding.

For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Stow

Year Return on Investment
1 years $-12,857
3 years $-10,580
5 years $-8,303
7 years $-6,026
9 years $-3,749
11 years $-1,472
13 years $805
15 years $3,082
17 years $5,359
19 years $7,636
21 years $9,913
23 years $12,190
25 years $14,467

Top Solar Installers in Stow

Although it's possible to install solar panels yourself, it takes extra time and knowledge. Because of that, most people choose to hire a solar panel installer. Plus, if you aren't sure what type of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.

Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:

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

The Green Panel

★★★★★
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 Stow

Factors that Affect Solar Panel Costs in Stow

Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in Stow: 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 Size

The size of the solar system you need to offset your energy usage is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,560. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Many homeowners find the average cost of solar in Stow to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. However, the interest on solar loans also increases your total costs, so it's important to take that into consideration 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 installation company you choose will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger 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 $10,675 12.8 years
8 kW $2.61 $14,623 $14,520 12.5 years
10 kW $2.56 $17,920 $18,509 12.3 years
12 kW $2.51 $21,074 $22,641 12.1 years
14 kW $2.46 $24,084 $26,916 11.8 years
16 kW $2.41 $26,952 $31,334 11.6 years
18 kW $2.36 $29,676 $35,896 11.3 years
20 kW $2.30 $32,256 $40,602 11.1 years

Solar Incentives in Stow

Name Energy Conservation for Ohioans (ECO-Link) Program
Website Visit here
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Local Option - Special Energy Improvement Districts
More Info Click here

Name Solar Renewable Energy Certificates Program (SRECs)
Incentive Amount SREC prices vary based on market conditions
Website Visit here
More Info Click here

How to Save on Solar Panels

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

  • Contract: Before signing a contract with a solar installer, make sure to read it through carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
  • Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
  • Solar Panel Brands: Different companies will have different brands and models of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.

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

The Green Panel

★★★★★
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 Stow, OH Solar Cost FAQs

How much does it cost to install solar panels in Stow?

The average cost of solar panels in Stow is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Stow?

You can't get solar panels for free in Stow. 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'd prefer to own your solar panels, you can finance them with a solar loan.

Can solar panels eliminate my electricity bills?

It is possible to erase your electricity bills with solar panels, but for most homeowners in Stow, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know how much energy your home requires 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 house 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.

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