Solar Panel Cost Guide in Huntington, WV (Aug 2022)
- Huntington Solar Installation Cost: $21,470
- 25-Year Savings: $27,647
- Payback Period: 10.9 Years
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Updated 7/19/2022
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Average Cost of Solar Panels in Huntington
Let's take a look at the average cost of solar in Huntington.
The average cost of a solar panel system in Huntington is $3 per watt. To cover the typical energy needs of the average home in Huntington, most homeowners require a 11.0-kilowatt system. Using the figure above, a solar installation costs around $21,470, or $15,888 after the federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Huntington depending on a variety of factors, such as the type of solar panels you choose and the solar installer you hire. Despite the high initial cost, the average Huntington homeowner can save about $17,000 on their electricity bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a vetted solar installer in Huntington that can help you get a more accurate cost estimate for your home.
Solar savings over time in Huntington
Year | Return on Investment |
---|---|
1 years | $-19,505 |
3 years | $-15,576 |
5 years | $-11,647 |
7 years | $-7,717 |
9 years | $-3,788 |
11 years | $142 |
13 years | $4,071 |
15 years | $8,000 |
17 years | $11,930 |
19 years | $15,859 |
21 years | $19,788 |
23 years | $23,718 |
25 years | $27,647 |
Top Solar Installers in Huntington
Trying to install solar panels yourself can be a difficult undertaking, which is why using a solar installer is a good option for many homeowners. Some solar companies, especially local ones, can help you better understand incentives in Huntington, thereby optimizing your ROI.
If you're looking for a solar company in Huntington, we've organized a list of our top suggestions here:
Best Technology
The Green Panel
- 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
There are several factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment Size
Size is one of the largest factors that affects the overall cost of going solar. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The 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 power bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Huntington average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Huntington, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increase your all-in costs, so it's important to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can influence the cost. Huntington's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes 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 | $12,190 | $14,614 | 11.4 years |
8 kW | $2.69 | $15,941 | $19,798 | 11.2 years |
10 kW | $2.64 | $19,536 | $25,138 | 10.9 years |
12 kW | $2.59 | $22,974 | $30,634 | 10.7 years |
14 kW | $2.53 | $26,256 | $36,287 | 10.5 years |
16 kW | $2.48 | $29,382 | $42,096 | 10.3 years |
18 kW | $2.43 | $32,352 | $48,061 | 10.1 years |
20 kW | $2.38 | $35,165 | $54,182 | 9.8 years |
Solar Incentives in Huntington
Name | ITC |
Type | Tax Incentive |
Incentive Amount | 26% of installation cost |
Website | Visit here |
How to Save on Solar Panels
The solar company you go with will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide high-quality solar panel installation and expertise.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Warranty: If youcare about the endurance of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The kind of solar panel you need to install plays a role in which company you should choose, since different companies provide different panels.
Best Technology
The Green Panel
- 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
How much does it cost to install solar panels in Huntington?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally 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 additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive 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 viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is going solar worth it?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Huntington?
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 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.