Solar Panel Cost Guide in Warrensville Heights, OH (2023 Update)
- Warrensville Heights Solar Installation Cost: $14,116
- 25-Year Savings: $15,326
- Payback Period: 12.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Warrensville Heights
Let's take a look at the average cost of solar in Warrensville Heights.
The average cost of solar panels in Warrensville Heights is 2.56 per watt. Since a 7.9-kW system is needed to cover the energy usage of a typical home in Warrensville Heights, the average price of going solar will be about $14,121 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and the cost of going solar for you will most likely differ based on your specific situation and what company you go with. Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Warrensville Heights can save around $14,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar company in your area for a personalized estimate.
Solar savings over time in Warrensville Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-14,018 |
| 3 years | $-13,821 |
| 5 years | $-13,625 |
| 7 years | $-13,429 |
| 9 years | $-13,233 |
| 11 years | $-13,036 |
| 13 years | $-12,840 |
| 15 years | $-12,644 |
| 17 years | $-12,447 |
| 19 years | $-12,251 |
| 21 years | $-12,055 |
| 23 years | $-11,859 |
| 25 years | $-11,662 |
Top Solar Installers in Warrensville Heights
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make your swap to solar power much easier. The expertise that solar installers offer can be useful as well, particularly if you aren't sure what brand of solar equipment would be right for your home.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Warrensville Heights
Factors that Affect Solar Panel Costs in Warrensville Heights
There are many criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $2,560 per kilowatt in Warrensville Heights. The type of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Warrensville Heights homeowners opt to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also adds to your total costs, so it's important to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you select will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $11,244 | 12.5 years |
| 8 kW | $2.61 | $14,623 | $15,278 | 12.2 years |
| 10 kW | $2.56 | $17,920 | $19,456 | 12.0 years |
| 12 kW | $2.51 | $21,074 | $23,777 | 11.7 years |
| 14 kW | $2.46 | $24,084 | $28,242 | 11.5 years |
| 16 kW | $2.41 | $26,952 | $32,850 | 11.3 years |
| 18 kW | $2.36 | $29,676 | $37,602 | 11.0 years |
| 20 kW | $2.30 | $32,256 | $42,496 | 10.8 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 choosing a company can be difficult, we have some tips to help you, such as:
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Warranty: If you're concerned about the endurance of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two 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 satisfied reviews from previous customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Warrensville Heights, OH Solar Cost FAQs
How much does it cost to install solar panels in Warrensville Heights?
The average cost of solar panels in Warrensville Heights 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Warrensville Heights?
A solar panel system isn't free in Warrensville Heights, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $747.52 per year.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.