Solar Panel Cost Guide in West Portsmouth, OH (Mar 2023)
- West Portsmouth Solar Installation Cost: $13,225
- 25-Year Savings: $19,126
- Payback Period: 10.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in West Portsmouth
Find out how much it might cost to make the switch to solar in West Portsmouth.
Although the national average of solar panels is $2.66 per watt, solar panels in West Portsmouth generally cost around 2.56. Because a 7.4-kW system is needed to cover the energy needs of a typical home in West Portsmouth, the average price of going solar will be about $13,225 after claiming the federal solar tax credit of 30%.
The true price you pay can go higher or lower than the average in West Portsmouth based on a few factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find installing solar panels is a rewarding investment. The average homeowner in West Portsmouth can save about $17,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar installer in West Portsmouth that can help you get a more accurate cost estimate for your home.
Solar savings over time in West Portsmouth
| Year | Return on Investment |
|---|---|
| 1 years | $-11,931 |
| 3 years | $-9,343 |
| 5 years | $-6,755 |
| 7 years | $-4,167 |
| 9 years | $-1,579 |
| 11 years | $1,009 |
| 13 years | $3,598 |
| 15 years | $6,186 |
| 17 years | $8,774 |
| 19 years | $11,362 |
| 21 years | $13,950 |
| 23 years | $16,538 |
| 25 years | $19,126 |
Top Solar Installers in West Portsmouth
Many homeowners opt for a solar installer since trying to put up solar panels on your own can be hard. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
Working with a professional solar installer can make going solar easier. 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 West Portsmouth
Factors that Affect Solar Panel Costs in West Portsmouth
There are many criteria that can influence your solar system 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
The size of the solar system you need for your household, 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 kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose 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, higher efficiency could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the West Portsmouth average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in West Portsmouth, which can bring down, or in some cases totally 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar panel installer you pick will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in West Portsmouth have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $2.66 | $11,182 | $15,136 | 10.6 years |
| 8 kW | $2.61 | $14,623 | $20,468 | 10.4 years |
| 10 kW | $2.56 | $17,920 | $25,943 | 10.2 years |
| 12 kW | $2.51 | $21,074 | $31,562 | 10.0 years |
| 14 kW | $2.46 | $24,084 | $37,324 | 9.8 years |
| 16 kW | $2.41 | $26,952 | $43,229 | 9.6 years |
| 18 kW | $2.36 | $29,676 | $49,278 | 9.4 years |
| 20 kW | $2.30 | $32,256 | $55,470 | 9.2 years |
How to Save on Solar Panels
The solar company you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- 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: Different companies will offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
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 West Portsmouth, OH Solar Cost FAQs
What is the average cost of installing solar panels in West Portsmouth?
This is a tough question to answer exactly, 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. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How much can I save on energy bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in West Portsmouth, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 install between 20 and 35 panels to account for 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.