Solar Panel Cost Guide in Apple Valley, OH (2024 Update)
- Apple Valley Solar Installation Cost: $18,277
- 25-Year Savings: $16,203
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Apple Valley
Let’s have a look at the average cost of solar in Apple Valley.
The average cost of a solar panel system in Apple Valley is 3 per watt.The average Apple Valley homeowner needs a 7.7-kilowatt system, which would cost about $18,277 with the federal tax credit, or $26,136 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Apple Valley homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $15,000 over 20 years on electricity bills.
You can click the button below to get connected with a pre-vetted solar company in Apple Valley that can help you get a more accurate cost estimate for your home.
Solar savings over time in Apple Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-17,056 |
| 3 years | $-14,616 |
| 5 years | $-12,176 |
| 7 years | $-9,735 |
| 9 years | $-7,295 |
| 11 years | $-4,854 |
| 13 years | $-2,414 |
| 15 years | $27 |
| 17 years | $2,467 |
| 19 years | $4,908 |
| 21 years | $7,348 |
| 23 years | $9,789 |
| 25 years | $12,229 |
Top Solar Installers in Apple Valley
Although it's possible to install solar panels yourself, it requires extra effort and handiness. Because of that, almost all homeowners choose a solar panel installer. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Apple Valley
Factors that Affect Solar Panel Costs in Apple Valley
The cost of installing a solar system in Apple Valley can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include the equipment you choose, 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 notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,410.There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Apple Valley, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installation company you select will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.55 | $14,895 | $8,554 | 15.9 years |
| 8 kW | $3.48 | $19,478 | $11,787 | 15.6 years |
| 10 kW | $3.41 | $23,870 | $15,212 | 15.3 years |
| 12 kW | $3.34 | $28,071 | $18,827 | 15.0 years |
| 14 kW | $3.27 | $32,081 | $22,633 | 14.7 years |
| 16 kW | $3.21 | $35,900 | $26,630 | 14.4 years |
| 18 kW | $3.14 | $39,529 | $30,818 | 14.0 years |
| 20 kW | $3.07 | $42,966 | $35,197 | 13.7 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 find the right company for you, here are some tips to keep in mind:
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and how long the project 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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Apple Valley, OH Solar Cost FAQs
What is the average cost of installing solar panels in Apple Valley?
The average cost of solar panels in Apple Valley is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Apple Valley, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Apple Valley?
Even though 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 their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.