Solar Panel Cost Guide in West Carrollton, OH (2024 Update)
- West Carrollton Solar Installation Cost: $17,915
- 25-Year Savings: $9,598
- Payback Period: 19.4 Years
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Average Cost of Solar Panels in West Carrollton
Find out what the average cost of solar panel installation is in West Carrollton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in West Carrollton, the average cost of a solar system is 3 per watt.Using this figure, a typical 7.5-kW system would cost about $17,915 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average West Carrollton homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar is worth paying. On average West Carrollton homeowners see about $12,000 in savings on energy bills over 20 years.
To receive a free estimate from a top solar company in West Carrollton, you can click the button below.
Solar savings over time in West Carrollton
| Year | Return on Investment |
|---|---|
| 1 years | $-16,823 |
| 3 years | $-14,640 |
| 5 years | $-12,457 |
| 7 years | $-10,273 |
| 9 years | $-8,090 |
| 11 years | $-5,907 |
| 13 years | $-3,724 |
| 15 years | $-1,540 |
| 17 years | $643 |
| 19 years | $2,826 |
| 21 years | $5,010 |
| 23 years | $7,193 |
| 25 years | $9,376 |
Top Solar Installers in West Carrollton
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring a solar panel installer can make your switch to solar power much easier. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.
There are several 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 West Carrollton
Factors that Affect Solar Panel Costs in West Carrollton
While the average cost of a solar system in West Carrollton is $17,915, your actual cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.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 often have a higher price tag 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 can expect 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
If paying for solar panels out of pocket is out of reach, solar loans are a popular route because they reduce your upfront costs and let you pay for your system over five to seven years on average.Although solar loans make adopting solar energy more accessible for West Carrollton homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in West Carrollton, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.You may notice 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 larger companies.
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 | $3,530 | 20.2 years |
| 8 kW | $3.48 | $19,478 | $5,089 | 19.8 years |
| 10 kW | $3.41 | $23,870 | $6,838 | 19.4 years |
| 12 kW | $3.34 | $28,071 | $8,779 | 19.0 years |
| 14 kW | $3.27 | $32,081 | $10,910 | 18.7 years |
| 16 kW | $3.21 | $35,900 | $13,233 | 18.3 years |
| 18 kW | $3.14 | $39,529 | $15,746 | 17.9 years |
| 20 kW | $3.07 | $42,966 | $18,450 | 17.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The type of solar panel you need to get plays a part in which company you should go with, since different companies provide different panels.
- Contract: It’s important to read through your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's West Carrollton, OH Solar Cost FAQs
What is the average cost of installing solar panels in West Carrollton?
The average cost of solar panels in West Carrollton is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in West Carrollton?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having 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.