Solar Panel Cost Guide in Teays Valley, WV (2024 Update)
- Teays Valley Solar Installation Cost: $26,239
- 25-Year Savings: $28,455
- Payback Period: 13.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Teays Valley
We go over average solar pricing in Teays Valley.
The average cost of a solar panel system in Teays Valley is 3 per watt.To account for the typical energy needs of the average home in Teays Valley, most homeowners require a 11.1-kilowatt system. Using the figure above, a solar installation costs about $26,239, or $37,522 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of going solar can vary depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.Even with the high upfront cost, the average Teays Valley homeowner can save about $17,000 on their electricity bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a highly rated solar company in your area for a customized estimate.
Solar savings over time in Teays Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-24,613 |
| 3 years | $-21,362 |
| 5 years | $-18,111 |
| 7 years | $-14,859 |
| 9 years | $-11,608 |
| 11 years | $-8,357 |
| 13 years | $-5,105 |
| 15 years | $-1,854 |
| 17 years | $1,397 |
| 19 years | $4,649 |
| 21 years | $7,900 |
| 23 years | $11,151 |
| 25 years | $14,403 |
Top Solar Installers in Teays Valley
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Hiring a solar company can make your swap to solar power much easier. Some solar companies, especially local ones, can help you make the most of incentives in Teays Valley, thereby optimizing your ROI.
If you’d like to start using solar energy but still aren’t certain which solar company to go with, here are our suggestions for providers near you:
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 Teays Valley
Factors that Affect Solar Panel Costs in Teays Valley
There are a number of criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Teays Valley, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Teays Valley offer solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also increases your overall costs, so it’s vital to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Teays Valley is the company you choose to install your PV system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services for different budgets.Additionally, some companies in Teays Valley have more knowledge about local solar incentives and can help you learn about 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 | $3.53 | $14,808 | $11,721 | 14.0 years |
| 8 kW | $3.46 | $19,364 | $16,008 | 13.7 years |
| 10 kW | $3.39 | $23,730 | $20,484 | 13.4 years |
| 12 kW | $3.32 | $27,906 | $25,150 | 13.1 years |
| 14 kW | $3.25 | $31,893 | $30,006 | 12.9 years |
| 16 kW | $3.19 | $35,690 | $35,052 | 12.6 years |
| 18 kW | $3.12 | $39,297 | $40,288 | 12.3 years |
| 20 kW | $3.05 | $42,714 | $45,714 | 12.1 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose greatly affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: If you care about the longevity of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
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 Teays Valley, WV Solar Cost FAQs
How much does it cost to install solar panels in Teays Valley?
The average cost of solar panels in Teays Valley is about $16,950 for a 5-kW system and $33,900 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Teays Valley have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Teays Valley?
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 the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having 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.