Solar Panel Cost Guide in Wintersville, OH (2023 Update)
- Wintersville Solar Installation Cost: $13,925
- 25-Year Savings: $16,495
- Payback Period: 11.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Wintersville
Here's how much it might cost to switch to solar power in Wintersville.
The national average cost of solar panels is $2.66 per watt, but in Wintersville it's 2.56 per watt. To account for the typical energy needs of the average home in Wintersville, most homeowners require a 7.8-kilowatt system. Using the figure above, a solar installation costs about $13,924, or $19,911 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary based on a few factors, such as what size system you need, your energy usage and what installation company you go with. Despite the large upfront cost, the average Wintersville homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the positives of solar.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Wintersville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,593 |
| 3 years | $-9,929 |
| 5 years | $-7,265 |
| 7 years | $-4,601 |
| 9 years | $-1,936 |
| 11 years | $728 |
| 13 years | $3,392 |
| 15 years | $6,056 |
| 17 years | $8,720 |
| 19 years | $11,384 |
| 21 years | $14,048 |
| 23 years | $16,712 |
| 25 years | $19,376 |
Top Solar Installers in Wintersville
When making the switch to solar, many homeowners opt to go with a solar installation company since putting up a solar system yourself can be a difficult project. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Wintersville
Factors that Affect Solar Panel Costs in Wintersville
The cost of installing a solar system in Wintersville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,560. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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 energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Wintersville average.
Solar Financing Terms
Many homeowners find the average cost of solar in Wintersville to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. 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 can only 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 securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the growing popularity of renewable energy solutions in Wintersville, you'll have many options to choose from, but each comes at various price points for labor and equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra 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 | $12,307 | 11.9 years |
| 8 kW | $2.61 | $14,623 | $16,696 | 11.7 years |
| 10 kW | $2.56 | $17,920 | $21,228 | 11.4 years |
| 12 kW | $2.51 | $21,074 | $25,904 | 11.2 years |
| 14 kW | $2.46 | $24,084 | $30,723 | 11.0 years |
| 16 kW | $2.41 | $26,952 | $35,685 | 10.8 years |
| 18 kW | $2.36 | $29,676 | $40,791 | 10.5 years |
| 20 kW | $2.30 | $32,256 | $46,040 | 10.3 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Contract: Before you sign a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Wintersville, OH Solar Cost FAQs
How much does it cost to install solar panels in Wintersville?
The average cost of solar panels in Wintersville 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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Wintersville is currently $112,595, which means you could be looking at a value of about $4,616 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Wintersville is a fruitful investment.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.