Solar Panel Cost Guide in Clearcreek, OH (2024 Update)
- Clearcreek Solar Installation Cost: $17,944
- 25-Year Savings: $21,147
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Clearcreek
Let’s take a look at the average cost of solar panels in Clearcreek.
Although the national average of solar panels is $2.66 per watt, solar panels in Clearcreek typically cost around 3.The average solar panel system size in Clearcreek is around 7.5 kilowatts, meaning a cost of about $17,944 for a solar installation, or $25,660 before the 0 federal solar tax credit is applied.
These figures are just estimates, and your own solar costs will look different based on factors unique to your home and what company you choose to go with.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $17,000 over 20 years on power bills.
Click the button below to get connected to a top solar company in Clearcreek for a personalized estimate.
Solar savings over time in Clearcreek
| Year | Return on Investment |
|---|---|
| 1 years | $-16,612 |
| 3 years | $-13,948 |
| 5 years | $-11,283 |
| 7 years | $-8,619 |
| 9 years | $-5,955 |
| 11 years | $-3,291 |
| 13 years | $-626 |
| 15 years | $2,038 |
| 17 years | $4,702 |
| 19 years | $7,366 |
| 21 years | $10,031 |
| 23 years | $12,695 |
| 25 years | $15,359 |
Top Solar Installers in Clearcreek
Many homeowners opt for a solar panel company since figuring out how to install solar panels by yourself can be challenging. Plus, if you aren’t sure what type of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Clearcreek
Factors that Affect Solar Panel Costs in Clearcreek
While the average cost of a solar system in Clearcreek is $17,944, your actual cost may differ. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
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 Clearcreek, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Clearcreek, and each can charge varying amounts for labor and equipment.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk 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 | $12,736 | 13.5 years |
| 8 kW | $3.48 | $19,478 | $17,363 | 13.2 years |
| 10 kW | $3.41 | $23,870 | $22,181 | 13.0 years |
| 12 kW | $3.34 | $28,071 | $27,190 | 12.7 years |
| 14 kW | $3.27 | $32,081 | $32,390 | 12.4 years |
| 16 kW | $3.21 | $35,900 | $37,781 | 12.2 years |
| 18 kW | $3.14 | $39,529 | $43,363 | 11.9 years |
| 20 kW | $3.07 | $42,966 | $49,136 | 11.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Solar Panel Brands: The kind of solar panel you need plays a role in which installer you should opt for, since different companies offer different panels.
- Contract: When looking over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide quality solar panel installation and expertise.
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 Clearcreek, OH Solar Cost FAQs
What is the average cost of installing solar panels in Clearcreek?
This is a hard question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Clearcreek?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Clearcreek?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.