Solar Panel Cost Guide in Turtlecreek, OH (2024 Update)
- Turtlecreek Solar Installation Cost: $17,751
- 25-Year Savings: $10,863
- Payback Period: 18.3 Years
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Average Cost of Solar Panels in Turtlecreek
Find out what the average cost of installing solar panels is in Turtlecreek.
While the national average of solar panels is $2.66 per watt, solar panels in Turtlecreek generally cost around 3.The average solar panel system size in Turtlecreek is around 7.4 kilowatts, meaning a cost of about $17,751 for a solar installation, or $25,384 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Turtlecreek homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $12,000 over 20 years on power bills.
You can click the button below to get connected with a top solar installer in Turtlecreek that can help you get a more accurate cost estimate for your home.
Solar savings over time in Turtlecreek
| Year | Return on Investment |
|---|---|
| 1 years | $-16,586 |
| 3 years | $-14,256 |
| 5 years | $-11,926 |
| 7 years | $-9,596 |
| 9 years | $-7,266 |
| 11 years | $-4,936 |
| 13 years | $-2,606 |
| 15 years | $-276 |
| 17 years | $2,054 |
| 19 years | $4,384 |
| 21 years | $6,714 |
| 23 years | $9,044 |
| 25 years | $11,374 |
Top Solar Installers in Turtlecreek
Many homeowners opt for a solar panel installer since trying to put up solar panels by yourself can be time-consuming. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance over time.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Turtlecreek:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Turtlecreek
Factors that Affect Solar Panel Costs in Turtlecreek
The cost of installing a solar system in Turtlecreek can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you choose also affects the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Turtlecreek have solar loans, which reduce the initial cost of installing solar.Even though solar loans make switching to solar energy more accessible for Turtlecreek homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you choose to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Turtlecreek, and each can charge different amounts for labor and equipment.Additionally, some companies in Turtlecreek have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $4,621 | 19.1 years |
| 8 kW | $3.48 | $19,478 | $6,544 | 18.7 years |
| 10 kW | $3.41 | $23,870 | $8,657 | 18.3 years |
| 12 kW | $3.34 | $28,071 | $10,961 | 18.0 years |
| 14 kW | $3.27 | $32,081 | $13,457 | 17.6 years |
| 16 kW | $3.21 | $35,900 | $16,143 | 17.2 years |
| 18 kW | $3.14 | $39,529 | $19,020 | 16.9 years |
| 20 kW | $3.07 | $42,966 | $22,088 | 16.5 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality company.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Turtlecreek, OH Solar Cost FAQs
How much does it cost to install solar panels in Turtlecreek?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Turtlecreek?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Turtlecreek?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.