Solar Panel Cost Guide in Huntington, WV (2023 Update)
- Huntington Solar Installation Cost: $20,310
- 25-Year Savings: $28,808
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Huntington
Find out how much it might cost to install solar panels in Huntington.
Although the national average of solar panels is $2.66 per watt, solar panels in Huntington typically cost about 2.64. The average Huntington homeowner needs a 11.0-kilowatt system, which would cost about $20,310 with the federal tax credit, or $29,043 before the 30% tax credit is applied.
The true price you pay can go higher or lower than the average in Huntington depending on a few factors, such as the kind of solar panels you choose and the solar installer you hire. For many homeowners, the upfront investment in solar is worth paying. On average Huntington homeowners see about $17,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Huntington for a quote for your home.
Solar savings over time in Huntington
| Year | Return on Investment |
|---|---|
| 1 years | $-18,345 |
| 3 years | $-14,415 |
| 5 years | $-10,486 |
| 7 years | $-6,557 |
| 9 years | $-2,627 |
| 11 years | $1,302 |
| 13 years | $5,231 |
| 15 years | $9,161 |
| 17 years | $13,090 |
| 19 years | $17,020 |
| 21 years | $20,949 |
| 23 years | $24,878 |
| 25 years | $28,808 |
Top Solar Installers in Huntington
Although it's possible to install solar panels by yourself, it takes extra energy and knowledge. That's one of the reasons most homeowners choose to hire a solar panel installer. Some solar companies, particularly local ones, can help you better understand incentives in Huntington, therefore optimizing your ROI.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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
For many Huntington homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Huntington, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The kind of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Huntington to be too steep, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. However, the interest on solar loans also increases your all-in costs, so it's crucial to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $15,273 | 10.8 years |
| 8 kW | $2.69 | $15,080 | $20,659 | 10.5 years |
| 10 kW | $2.64 | $18,480 | $26,194 | 10.3 years |
| 12 kW | $2.59 | $21,732 | $31,876 | 10.1 years |
| 14 kW | $2.53 | $24,837 | $37,706 | 9.9 years |
| 16 kW | $2.48 | $27,794 | $43,684 | 9.7 years |
| 18 kW | $2.43 | $30,603 | $49,810 | 9.5 years |
| 20 kW | $2.38 | $33,264 | $56,083 | 9.3 years |
How to Save on Solar Panels
There are many companies to choose from in Huntington, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- 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're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: The type of solar panel you need to get plays a role in which installer you should go with, since different companies provide different panels.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
- Reputation: Companies that have been in business for many years likely have a high 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 support, such as part repairs and replacements.
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?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,200 for a 5-kW system and $26,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Huntington?
Solar panels aren't free in Huntington, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on electricity bills after installing solar panels?
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 $893.47 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.