Solar Panel Cost Guide in Twinsburg, OH (2024 Update)
- Twinsburg Solar Installation Cost: $18,650
- 25-Year Savings: $11,856
- Payback Period: 17.4 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Twinsburg
Let’s have a look at the average cost of solar panels in Twinsburg.
The average cost of a solar system in Twinsburg is 3 per watt.The average solar panel system size in Twinsburg is around 7.8 kilowatts, meaning a cost of about $18,650 for a solar installation, or $26,670 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of making the switch to solar can vary depending on several factors, such as how many panels you need, your energy usage and what solar installer you go with.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Twinsburg can save around $13,000 on their energy bills over 20 years.
Click the button below to get connected to a vetted solar panel company in Twinsburg for a customized estimate.
Solar savings over time in Twinsburg
Year | Return on Investment |
---|---|
1 years | $-17,430 |
3 years | $-14,989 |
5 years | $-12,549 |
7 years | $-10,108 |
9 years | $-7,668 |
11 years | $-5,227 |
13 years | $-2,787 |
15 years | $-346 |
17 years | $2,094 |
19 years | $4,535 |
21 years | $6,975 |
23 years | $9,416 |
25 years | $11,856 |
Top Solar Installers in Twinsburg
Many homeowners opt for a solar panel company since trying to install solar panels on your own can be time-consuming. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy use, but going with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Twinsburg
Factors that Affect Solar Panel Costs in Twinsburg
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Twinsburg: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar system in Twinsburg, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,410 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Twinsburg, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Twinsburg to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.Though solar loans make adopting solar energy more accessible for Twinsburg homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Twinsburg is the company you get to install your solar system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services for different budgets.The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $5,649 | 18.1 years |
8 kW | $3.48 | $19,478 | $7,914 | 17.8 years |
10 kW | $3.41 | $23,870 | $10,369 | 17.4 years |
12 kW | $3.34 | $28,071 | $13,016 | 17.1 years |
14 kW | $3.27 | $32,081 | $15,854 | 16.7 years |
16 kW | $3.21 | $35,900 | $18,882 | 16.4 years |
18 kW | $3.14 | $39,529 | $22,102 | 16.0 years |
20 kW | $3.07 | $42,966 | $25,513 | 15.7 years |
How to Save on Solar Panels
There are many companies available in Twinsburg, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations 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 deciding.
- Contract: It’s important to read your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
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 Twinsburg, OH Solar Cost FAQs
How much does it cost to install solar panels in Twinsburg?
The average cost of solar panels in Twinsburg is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Twinsburg?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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 cover 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.