Solar Panel Cost Guide in Turtlecreek, OH (2023 Update)
- Turtlecreek Solar Installation Cost: $13,326
- 25-Year Savings: $10,863
- Payback Period: 13.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Turtlecreek
Let's take a look at the average cost of solar in Turtlecreek.
In Turtlecreek, solar panels cost about 2.56 per watt on average. The average solar panel system size in Turtlecreek is around 7.4 kilowatts, meaning a cost of about $13,332 for a solar installation, or $19,065 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Turtlecreek homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. For many homeowners, the upfront cost of solar is worth paying. On average Turtlecreek homeowners see about $12,000 in savings on utility bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Turtlecreek
| Year | Return on Investment |
|---|---|
| 1 years | $-13,245 |
| 3 years | $-13,084 |
| 5 years | $-12,923 |
| 7 years | $-12,762 |
| 9 years | $-12,600 |
| 11 years | $-12,439 |
| 13 years | $-12,278 |
| 15 years | $-12,116 |
| 17 years | $-11,955 |
| 19 years | $-11,794 |
| 21 years | $-11,633 |
| 23 years | $-11,471 |
| 25 years | $-11,310 |
Top Solar Installers in Turtlecreek
Many homeowners opt for a solar installation company since installing solar panels by yourself can be hard. A solar company can also help save you money in the long run by providing warranties, repairs and system component replacements.
Working with a professional solar company 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
See all of the solar companies in Turtlecreek
Factors that Affect Solar Panel Costs in Turtlecreek
There are several factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and kind of equipment you want 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment 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 Turtlecreek to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Turtlecreek is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for instance, you'll have no shortage of solar installers that offer a range of services at different costs. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $8,334 | 14.3 years |
| 8 kW | $2.61 | $14,623 | $11,399 | 14.0 years |
| 10 kW | $2.56 | $17,920 | $14,607 | 13.8 years |
| 12 kW | $2.51 | $21,074 | $17,959 | 13.5 years |
| 14 kW | $2.46 | $24,084 | $21,453 | 13.2 years |
| 16 kW | $2.41 | $26,952 | $25,092 | 12.9 years |
| 18 kW | $2.36 | $29,676 | $28,873 | 12.7 years |
| 20 kW | $2.30 | $32,256 | $32,798 | 12.4 years |
How to Save on Solar Panels
There are numerous companies available in Turtlecreek, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you care about the durability of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
- Contract: Before you sign a contract with a solar company, make sure you look it over carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Turtlecreek, OH Solar Cost FAQs
What is the average cost of installing solar panels in Turtlecreek?
The average cost of solar panels in Turtlecreek 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 like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind 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 solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Turtlecreek, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.