Solar Panel Cost Guide in Suffield, OH (Mar 2023)
- Suffield Solar Installation Cost: $13,960
- 25-Year Savings: $12,478
- Payback Period: 13.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Suffield
We go over average solar pricing in Suffield.
In Suffield, solar panels cost about 2.56 per watt on average. Using this figure, a typical 7.8-kW system would cost about $13,960 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy use, the type of equipment you want, your solar contractor and more. With typical savings of about $13,000 on power bills over 20 years, many homeowners in Suffield find going solar can be quite rewarding.
To receive a free estimate from a top solar installation company in Suffield, you can click the button below.
Solar savings over time in Suffield
| Year | Return on Investment |
|---|---|
| 1 years | $-12,902 |
| 3 years | $-10,787 |
| 5 years | $-8,672 |
| 7 years | $-6,557 |
| 9 years | $-4,442 |
| 11 years | $-2,327 |
| 13 years | $-212 |
| 15 years | $1,903 |
| 17 years | $4,018 |
| 19 years | $6,133 |
| 21 years | $8,248 |
| 23 years | $10,363 |
| 25 years | $12,478 |
Top Solar Installers in Suffield
When making the switch to solar, many homeowners decide to hire a solar installation company since handling can be a challenging project. Another upside of working with a solar company is that they can help you maximize your investment by cutting back on future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you're looking for a solar company in Suffield, we've organized a list of our top suggestions here:
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 Suffield
Factors that Affect Solar Panel Costs in Suffield
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that will push your cost above or below the average in Suffield: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $2,560 per kilowatt in Suffield. The kind of 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, more efficient panels could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Suffield average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also increases your all-in costs, so it's crucial to consider that as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar company you hire to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Suffield, and each can charge varying amounts 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 choose a 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 | $2.66 | $11,182 | $9,179 | 13.7 years |
| 8 kW | $2.61 | $14,623 | $12,525 | 13.5 years |
| 10 kW | $2.56 | $17,920 | $16,015 | 13.2 years |
| 12 kW | $2.51 | $21,074 | $19,648 | 12.9 years |
| 14 kW | $2.46 | $24,084 | $23,425 | 12.7 years |
| 16 kW | $2.41 | $26,952 | $27,345 | 12.4 years |
| 18 kW | $2.36 | $29,676 | $31,408 | 12.1 years |
| 20 kW | $2.30 | $32,256 | $35,614 | 11.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: Look through the contract terms thoroughly to make sure you understand the total cost, project timeline rebates and warranties.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.
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 Suffield, OH Solar Cost FAQs
How much does it cost to install solar panels in Suffield?
The average cost of solar panels in Suffield 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 such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Suffield?
Most states offer net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.