Solar Panel Cost Guide in Warrensville Heights, OH (2023 Update)
- Warrensville Heights Solar Installation Cost: $14,121
- 25-Year Savings: $15,321
- Payback Period: 12.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Warrensville Heights
See how much it might cost to go solar in Warrensville Heights.
While the national average of solar panels is $2.66 per watt, solar panels in Warrensville Heights typically cost about 2.56. Because a 7.9-kW system is needed to cover the energy needs 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 how much solar costs for you will vary based on factors unique to your home and what company you want to go with. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Warrensville Heights can save about $14,000 on their electricity bills over 20 years.
To get a free estimate from a vetted solar installation company in Warrensville Heights, you can click the button below.
Solar savings over time in Warrensville Heights
Year | Return on Investment |
---|---|
1 years | $-12,943 |
3 years | $-10,588 |
5 years | $-8,233 |
7 years | $-5,877 |
9 years | $-3,522 |
11 years | $-1,166 |
13 years | $1,189 |
15 years | $3,544 |
17 years | $5,900 |
19 years | $8,255 |
21 years | $10,610 |
23 years | $12,966 |
25 years | $15,321 |
Top Solar Installers in Warrensville Heights
Many homeowners choose to use a solar installer since trying to put up solar panels by yourself can be challenging. The expertise that solar installers provide can be useful as well, especially if you aren't sure what type of solar equipment you need.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Warrensville Heights
Factors that Affect Solar Panel Costs in Warrensville Heights
For many Warrensville Heights homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Warrensville Heights, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,560. The type 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 electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Warrensville Heights average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are available from most installers in Warrensville Heights, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. 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 original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installation company you select will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $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 picking a company can be difficult, we have some tips to help you, such as:
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- 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 most 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.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Contract: When reading through 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 like a system component breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Warrensville Heights, OH Solar Cost FAQs
What is the average cost of installing solar panels in Warrensville Heights?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How much can I save on power bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Warrensville Heights, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
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 are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use 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.