Solar Panel Cost Guide in Granville, WV (2023 Update)
- Granville Solar Installation Cost: $21,374
- 25-Year Savings: $26,686
- Payback Period: 11.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Granville
Let's have a look at the average cost of solar panels in Granville.
The national average cost of solar panels is $2.66 per watt, but in Granville it's 2.64 per watt. To account for the typical energy needs of the average home in Granville, most homeowners require a 11.6-kilowatt system. Using the figure above, a solar installation costs about $21,381, or $30,575 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Granville 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. With typical savings of about $16,000 on utility bills over 20 years, many homeowners in Granville find installing solar panels can pay off big.
You can click the button below to get connected with a pre-vetted solar company in Granville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Granville
| Year | Return on Investment |
|---|---|
| 1 years | $-19,944 |
| 3 years | $-17,085 |
| 5 years | $-14,226 |
| 7 years | $-11,367 |
| 9 years | $-8,509 |
| 11 years | $-5,650 |
| 13 years | $-2,791 |
| 15 years | $68 |
| 17 years | $2,927 |
| 19 years | $5,786 |
| 21 years | $8,645 |
| 23 years | $11,504 |
| 25 years | $14,363 |
Top Solar Installers in Granville
Trying to put up solar panels yourself can be a dangerous task, which is why hiring a solar installer is a good option for many homeowners. Another great thing about choosing a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
If you're looking for a solar company in Granville, we've compiled a list of our top suggestions here:
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 Granville
Factors that Affect Solar Panel Costs in Granville
While the average cost of a solar system in Granville is $21,381, your actual cost may differ. 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 consider.
Solar Equipment
When it comes to estimating the cost of solar panels in Granville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can gauge by looking at past electricity bills. Your total cost can increase by about $2,640 for each additional kilowatt you need. The type 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. However, higher efficiency could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Granville average.
Solar Financing Terms
Most solar installers in Granville have solar loans, which reduce your upfront costs of installing solar. 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 more than the original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Granville, and each can charge different amounts for labor and equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the company that offers the products, warranties and services you want and also fits within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.75 | $11,532 | $13,400 | 11.6 years |
| 8 kW | $2.69 | $15,080 | $18,163 | 11.3 years |
| 10 kW | $2.64 | $18,480 | $23,073 | 11.1 years |
| 12 kW | $2.59 | $21,732 | $28,131 | 10.9 years |
| 14 kW | $2.53 | $24,837 | $33,337 | 10.7 years |
| 16 kW | $2.48 | $27,794 | $38,691 | 10.5 years |
| 18 kW | $2.43 | $30,603 | $44,192 | 10.2 years |
| 20 kW | $2.38 | $33,264 | $49,842 | 10.0 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Solar Panel Brands: The brand of solar panel you'd like plays a role in which installer you should opt for, since different companies offer different panels.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
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 Granville, WV Solar Cost FAQs
How much does it cost to install solar panels in Granville?
The average cost of solar panels in Granville is about $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Granville?
You can't get solar panels for free in Granville. However, you may still be able to get 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 completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $831.06 per year.
How long do solar panels last in Granville?
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 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.