Solar Panel Cost Guide in Conneaut, PA (2023 Update)
- Conneaut Solar Installation Cost: $12,370
- 25-Year Savings: $19,218
- Payback Period: 9.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Conneaut
See how much it might cost to switch to solar power in Conneaut.
The national average cost of solar panels is $2.66 per watt, but in Conneaut it's 2.55 per watt. Because a 6.9-kW system is needed to cover the energy needs of a typical home in Conneaut, the average price of going solar will be about $12,370 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average Conneaut homeowner. The cost 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, after you've paid the upfront cost of installation, the payback for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on electricity bills.
You can click the button below to get connected with a vetted solar installer in Conneaut that can help you get a more accurate cost estimate for your home.
Solar savings over time in Conneaut
| Year | Return on Investment |
|---|---|
| 1 years | $-11,107 |
| 3 years | $-8,579 |
| 5 years | $-6,052 |
| 7 years | $-3,525 |
| 9 years | $-998 |
| 11 years | $1,529 |
| 13 years | $4,056 |
| 15 years | $6,583 |
| 17 years | $9,110 |
| 19 years | $11,637 |
| 21 years | $14,164 |
| 23 years | $16,691 |
| 25 years | $19,218 |
Top Solar Installers in Conneaut
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Using a solar panel installer can make converting to solar power much easier. Some solar companies, especially local ones, can help you make the most of incentives in Conneaut, therefore optimizing your ROI.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Conneaut
Factors that Affect Solar Panel Costs in Conneaut
Although the average cost of a solar system in Conneaut is $12,370, your final cost may be above or below the average. There are many 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
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,550. There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Conneaut provide solar loans, which reduce the initial cost of installing solar. Although solar loans make switching to solar energy more accessible for Conneaut homeowners, they can also increase 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 solar company you pick will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.65 | $11,138 | $16,229 | 10.2 years |
| 8 kW | $2.60 | $14,566 | $21,925 | 10.0 years |
| 10 kW | $2.55 | $17,850 | $27,763 | 9.8 years |
| 12 kW | $2.50 | $20,992 | $33,744 | 9.6 years |
| 14 kW | $2.45 | $23,990 | $39,867 | 9.4 years |
| 16 kW | $2.40 | $26,846 | $46,134 | 9.2 years |
| 18 kW | $2.35 | $29,560 | $52,543 | 9.0 years |
| 20 kW | $2.29 | $32,130 | $59,095 | 8.8 years |
How to Save on Solar Panels
There are a large number of companies available in Conneaut, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Look through the contract terms closely to make sure you understand the total cost, project completion timeline incentives and warranties.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Conneaut, PA Solar Cost FAQs
How much does it cost to install solar panels in Conneaut?
The average cost of solar panels in Conneaut is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Conneaut?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Is going solar worth it?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.