Solar Panel Cost Guide in Strongsville, OH (Mar 2023)
- Strongsville Solar Installation Cost: $14,121
- 25-Year Savings: $12,788
- Payback Period: 13.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Strongsville
Let's have a look at the average cost of solar panels in Strongsville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Strongsville, the typical cost of solar panels is 2.56 per watt. To cover the typical energy usage of the average home in Strongsville, most homeowners require a 7.9-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,121, or $20,193 before the federal solar tax credit of 30% is applied.
How much you pay can go above or below the average in Strongsville depending on several factors, such as the type of solar panels you choose and the solar company you hire. For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $13,000 in savings on energy bills over 20 years.
Click the button below to get connected to a vetted solar company in your area for a personalized quote.
Solar savings over time in Strongsville
Year | Return on Investment |
---|---|
1 years | $-13,045 |
3 years | $-10,892 |
5 years | $-8,739 |
7 years | $-6,587 |
9 years | $-4,434 |
11 years | $-2,281 |
13 years | $-128 |
15 years | $2,024 |
17 years | $4,177 |
19 years | $6,330 |
21 years | $8,482 |
23 years | $10,635 |
25 years | $12,788 |
Top Solar Installers in Strongsville
Many homeowners decide to hire a solar installation company since figuring out how to install solar panels yourself can be a labor-intensive endeavor. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Strongsville
Factors that Affect Solar Panel Costs in Strongsville
Though the average cost of a solar system in Strongsville is $14,121, your actual cost may be above or below the average. There are quite a few 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
When it comes to estimating the cost of solar panels in Strongsville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,560 for each additional kilowatt you need. There are several different solar panel brands and the one you choose also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much 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 Strongsville to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time because of interest. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the growing popularity of clean energy solutions in Strongsville, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. 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 at a higher cost. It's best to do some research and find a company that has the products, warranties and services you're looking for and also is within 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 | $2.66 | $11,182 | $9,314 | 13.6 years |
8 kW | $2.61 | $14,623 | $12,705 | 13.4 years |
10 kW | $2.56 | $17,920 | $16,240 | 13.1 years |
12 kW | $2.51 | $21,074 | $19,918 | 12.9 years |
14 kW | $2.46 | $24,084 | $23,740 | 12.6 years |
16 kW | $2.41 | $26,952 | $27,705 | 12.3 years |
18 kW | $2.36 | $29,676 | $31,813 | 12.1 years |
20 kW | $2.30 | $32,256 | $36,064 | 11.8 years |
How to Save on Solar Panels
There are a lot of 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:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Strongsville, OH Solar Cost FAQs
How much does it cost to install solar panels in Strongsville?
This is a tough question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Do solar panels increase your property 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 a solar system."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.