Solar Panel Cost Guide in Ripley, WV (Dec 2022)

  • Ripley Solar Installation Cost: $20,550
  • 25-Year Savings: $27,924
  • Payback Period: 10.6 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Ripley

Find out how much it might cost to switch to solar power in Ripley.

In Ripley, solar panels cost about $3 per watt on average. Because a 11.1-kW system is needed to cover the energy needs of a typical home in Ripley, the average price of going solar will be about $20,550 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of going solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what company you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Ripley can save about $17,000 on their power bills over 20 years.

Click the button below to get connected to a highly rated solar company in your area for a custom quote.

Solar savings over time in Ripley

Year Return on Investment
1 years $-18,611
3 years $-14,733
5 years $-10,855
7 years $-6,977
9 years $-3,099
11 years $779
13 years $4,657
15 years $8,535
17 years $12,413
19 years $16,291
21 years $20,169
23 years $24,047
25 years $27,924

Top Solar Installers in Ripley

Although you can install solar panels yourself, it takes extra time and expertise. Because of that, most people choose to hire a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be best for your home.

If you'd like to go solar but still aren't certain which solar system company to go with, here are our recommendations for providers nearby:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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 Ripley

Factors that Affect Solar Panel Costs in Ripley

The cost of installing a solar system in Ripley can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,640. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Ripley, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar companies in Ripley have solar loans, which reduce your upfront costs of installing solar panels. While solar loans make adopting solar energy more accessible for Ripley homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar installer you choose to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies in Ripley, and each can charge varying amounts for labor and equipment. Additionally, some companies in Ripley 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 help you save 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 $2.75 $11,532 $14,613 11.0 years
8 kW $2.69 $15,080 $19,780 10.8 years
10 kW $2.64 $18,480 $25,095 10.6 years
12 kW $2.59 $21,732 $30,557 10.4 years
14 kW $2.53 $24,837 $36,168 10.2 years
16 kW $2.48 $27,794 $41,926 10.0 years
18 kW $2.43 $30,603 $47,832 9.8 years
20 kW $2.38 $33,264 $53,886 9.5 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Contract: Read the contract terms thoroughly to make sure you understand the total cost, project timeline rebates and warranties.
  • Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
  • Installation Process: When making the switch to solar power, it's crucial to keep an open line of communication with your solar company. Confirm that you understand how the installation process works and the project completion timeline.
  • Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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 Ripley, WV Solar Cost FAQs

What is the average cost of installing solar panels in Ripley?

The average cost of solar panels in Ripley is about $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in Ripley?

Leasing solar panels can be an attractive choice, because it usually 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 incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.

Do solar panels increase your home value?

Solar panels can increase your home value significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How often do you have to replace solar panels?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose 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.

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