Solar Panel Cost Guide in Carlisle, OH (2024 Update)
- Carlisle Solar Installation Cost: $16,893
- 25-Year Savings: $17,058
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in Carlisle
We go over average solar pricing in Carlisle.
The national average cost of solar panels is $2.66 per watt, but in Carlisle it’s 3 per watt.Using this figure, a typical 7.1-kW system would cost about $16,893 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of going solar can vary depending on a few factors, such as how many panels you need, your energy consumption and what installation company you go with.With average savings of about $16,000 on energy bills over 20 years, many homeowners in Carlisle find investing in solar can pay off big.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Carlisle
| Year | Return on Investment |
|---|---|
| 1 years | $-15,665 |
| 3 years | $-13,207 |
| 5 years | $-10,750 |
| 7 years | $-8,293 |
| 9 years | $-5,836 |
| 11 years | $-3,378 |
| 13 years | $-921 |
| 15 years | $1,536 |
| 17 years | $3,993 |
| 19 years | $6,451 |
| 21 years | $8,908 |
| 23 years | $11,365 |
| 25 years | $13,822 |
Top Solar Installers in Carlisle
Many homeowners opt for a solar installer since trying to put up solar panels on your own can be a lot of work. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
If you're looking for a solar company in Carlisle, we've compiled a list of our top suggestions here:
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 Carlisle
Factors that Affect Solar Panel Costs in Carlisle
The cost of installing a solar system in Carlisle can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use 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 $3,410.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Carlisle average.
Solar Financing Terms
Many homeowners find the average cost of solar in Carlisle to be too steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time because of interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Carlisle, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $10,319 | 14.8 years |
| 8 kW | $3.48 | $19,478 | $14,141 | 14.5 years |
| 10 kW | $3.41 | $23,870 | $18,153 | 14.2 years |
| 12 kW | $3.34 | $28,071 | $22,357 | 13.9 years |
| 14 kW | $3.27 | $32,081 | $26,751 | 13.6 years |
| 16 kW | $3.21 | $35,900 | $31,336 | 13.3 years |
| 18 kW | $3.14 | $39,529 | $36,113 | 13.1 years |
| 20 kW | $3.07 | $42,966 | $41,080 | 12.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which model 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 peruse their list of offerings before deciding.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
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 Carlisle, OH Solar Cost FAQs
What is the average cost of installing solar panels in Carlisle?
The average cost of solar panels in Carlisle is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Carlisle?
You can’t get solar panels for free in Carlisle. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Carlisle is currently $258,125, which means you can look forward to a value of about $10,583 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Carlisle is a fruitful investment.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having 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.