Solar Panel Cost Guide in Tallmadge, OH (2024 Update)
- Tallmadge Solar Installation Cost: $18,623
- 25-Year Savings: $14,481
- Payback Period: 16.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Tallmadge
We go over average solar pricing in Tallmadge.
The national average cost of solar panels is $2.66 per watt, but in Tallmadge it’s 3 per watt.Using this figure, a typical 7.8-kW system would cost about $18,623 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar system you want, your solar contractor and more.Even with the significant upfront cost, the average Tallmadge homeowner can save around $14,000 on their energy bills over 20 years, which is one of the benefits of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Tallmadge
| Year | Return on Investment |
|---|---|
| 1 years | $-17,403 |
| 3 years | $-14,962 |
| 5 years | $-12,522 |
| 7 years | $-10,081 |
| 9 years | $-7,641 |
| 11 years | $-5,200 |
| 13 years | $-2,760 |
| 15 years | $-319 |
| 17 years | $2,121 |
| 19 years | $4,562 |
| 21 years | $7,002 |
| 23 years | $9,442 |
| 25 years | $11,883 |
Top Solar Installers in Tallmadge
Trying to put up solar panels by yourself can be a challenging project, which is why using a solar installer is a good option for many homeowners. The payback period on an investment in solar panels will vary based on factors like your location and energy usage, but working with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you’d like to switch to solar energy but still aren’t certain which solar panel company to go with, here are our suggestions for providers in Tallmadge:
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Tallmadge
Factors that Affect Solar Panel Costs in Tallmadge
For many Tallmadge homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Tallmadge, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The kind of solar equipment you choose can bring your price up or down 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 energy bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Tallmadge average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Tallmadge, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Tallmadge is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.Companies that only sell high-efficiency and high-priced products — 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 go with the company that offers the products, warranties and services you want 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 | $3.55 | $14,895 | $6,994 | 17.0 years |
| 8 kW | $3.48 | $19,478 | $9,707 | 16.7 years |
| 10 kW | $3.41 | $23,870 | $12,612 | 16.4 years |
| 12 kW | $3.34 | $28,071 | $15,707 | 16.0 years |
| 14 kW | $3.27 | $32,081 | $18,993 | 15.7 years |
| 16 kW | $3.21 | $35,900 | $22,470 | 15.4 years |
| 18 kW | $3.14 | $39,529 | $26,138 | 15.0 years |
| 20 kW | $3.07 | $42,966 | $29,997 | 14.7 years |
How to Save on Solar Panels
The solar installer you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: When going solar, it’s necessary to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the completion timeline.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- 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
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Tallmadge, OH Solar Cost FAQs
How much does it cost to install solar panels in Tallmadge?
The average cost of solar panels in Tallmadge is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Tallmadge?
You can’t get solar panels for free in Tallmadge. 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.
How will having solar panels impact my home value?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can 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.