Solar Panel Cost Guide in Huntington, WV (2024 Update)
- Huntington Solar Installation Cost: $26,090
- 25-Year Savings: $28,799
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Huntington
Here’s how much it might cost to switch to solar power in Huntington.
While the national average of solar panels is $2.66 per watt, solar panels in Huntington typically cost about 3.Since a 11.0-kW system is needed to cover the energy costs of a typical home in Huntington, the average price of going solar will be about $26,090 after claiming the federal solar tax credit of 0.
These figures are only averages, and your own solar costs will most likely look different based on your energy needs and what company you choose to go with.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $17,000 in savings on energy bills over 20 years.
To receive a free estimate from a pre-vetted solar installation company in Huntington, you can click the button below.
Solar savings over time in Huntington
| Year | Return on Investment |
|---|---|
| 1 years | $-24,465 |
| 3 years | $-21,214 |
| 5 years | $-17,963 |
| 7 years | $-14,712 |
| 9 years | $-11,461 |
| 11 years | $-8,211 |
| 13 years | $-4,960 |
| 15 years | $-1,709 |
| 17 years | $1,542 |
| 19 years | $4,793 |
| 21 years | $8,044 |
| 23 years | $11,294 |
| 25 years | $14,545 |
Top Solar Installers in Huntington
Trying to install solar panels by yourself can be a difficult task, which is why using a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be helpful as well, especially if you aren’t sure what type of solar equipment you need.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Huntington
Factors that Affect Solar Panel Costs in Huntington
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Huntington: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,390 per kilowatt in Huntington.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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 Huntington average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Huntington homeowners decide to finance their solar panel systems to make paying for solar more affordable.Even though solar loans make adopting solar energy more accessible for Huntington homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Huntington is the company you hire to install your PV system. Similar to choosing a company to build a deck or pool, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.Additionally, some companies in Huntington are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $3.53 | $14,808 | $11,997 | 13.8 years |
| 8 kW | $3.46 | $19,364 | $16,375 | 13.5 years |
| 10 kW | $3.39 | $23,730 | $20,944 | 13.3 years |
| 12 kW | $3.32 | $27,906 | $25,702 | 13.0 years |
| 14 kW | $3.25 | $31,893 | $30,650 | 12.7 years |
| 16 kW | $3.19 | $35,690 | $35,788 | 12.5 years |
| 18 kW | $3.12 | $39,297 | $41,116 | 12.2 years |
| 20 kW | $3.05 | $42,714 | $46,633 | 12.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Warranty: If you care about the longevity of your solar panel system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Huntington, WV Solar Cost FAQs
What is the average cost of installing solar panels in Huntington?
The average cost of solar panels in Huntington is about $16,950 for a 5-kW system and $33,900 for a 10-kW system before the ITC, but the real 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.
Should I lease or buy solar panels in Huntington?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The drawback 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Can you sell solar power back to the grid in Huntington?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.