Solar Panel Cost Guide in Willowick, OH (Nov 2022)

  • Willowick Solar Installation Cost: $13,978
  • 25-Year Savings: $13,402
  • Payback Period: 12.8 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Willowick

Find out how much it might cost to switch to solar power in Willowick.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Willowick, the average cost of a solar system is $3 per watt. To cover the typical energy usage of the average home in Willowick, most homeowners require a 7.8-kilowatt system. Using the figure above, a solar installation costs around $13,978, or $10,344 after the federal solar tax credit of 30% is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Willowick homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $13,000 over 20 years on power bills.

To receive a free estimate from a highly rated solar company in Willowick, you can click the button below.

Solar savings over time in Willowick

Year Return on Investment
1 years $-12,882
3 years $-10,692
5 years $-8,502
7 years $-6,311
9 years $-4,121
11 years $-1,930
13 years $260
15 years $2,450
17 years $4,641
19 years $6,831
21 years $9,022
23 years $11,212
25 years $13,402

Top Solar Installers in Willowick

Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of an installer can make converting to solar power much easier. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for your family.

You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some in Willowick:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Willowick

Factors that Affect Solar Panel Costs in Willowick

There are a number of factors that can determine your solar panel 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

When it comes to estimating the cost of a solar panel system in Willowick, one of the most important 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 usage, which you can determine by looking at past energy bills. Your overall cost can increase by about $2,560 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Willowick, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Willowick homeowners choose to finance their solar panel systems to offset upfront costs. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

Finally, the company you choose to install your solar panel system can influence how much you pay. Willowick's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Willowick are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 $9,871 13.3 years
8 kW $2.61 $14,623 $13,448 13.0 years
10 kW $2.56 $17,920 $17,168 12.8 years
12 kW $2.51 $21,074 $21,032 12.5 years
14 kW $2.46 $24,084 $25,039 12.3 years
16 kW $2.41 $26,952 $29,189 12.0 years
18 kW $2.36 $29,676 $33,483 11.7 years
20 kW $2.30 $32,256 $37,920 11.5 years

How to Save on Solar Panels

There are many companies to choose from in Willowick, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Contract: Before signing a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
  • Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
  • Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of 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 past customers.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Willowick, OH Solar Cost FAQs

How much does it cost to install solar panels in Willowick?

The average cost of solar panels in Willowick 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 things like the type of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Willowick?

You can't get solar panels for free in Willowick. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

Can solar panels significantly reduce my energy bills?

Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $701.76 per year.

How long do solar panels last in Willowick?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.

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.

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