Solar Panel Cost Guide in Clyde, OH (2024 Update)
- Clyde Solar Installation Cost: $17,987
- 25-Year Savings: $16,326
- Payback Period: 15.1 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 Clyde
Let’s take a look at the average cost of solar in Clyde.
In Clyde, solar panels cost about 3 per watt on average.Because a 7.5-kW system is needed to cover the energy usage of a typical home in Clyde, the average price of going solar will be about $17,987 after claiming the federal solar tax credit of 0.
These figures are only estimates, and your own solar costs may differ based on factors unique to your home and what company you want to go with.With typical savings of about $15,000 on power bills over 20 years, many homeowners in Clyde find installing solar panels can be quite rewarding.
Click the button below to get connected to a reputable solar company in Clyde for a personalized estimate.
Solar savings over time in Clyde
| Year | Return on Investment |
|---|---|
| 1 years | $-16,767 |
| 3 years | $-14,326 |
| 5 years | $-11,886 |
| 7 years | $-9,445 |
| 9 years | $-7,005 |
| 11 years | $-4,564 |
| 13 years | $-2,124 |
| 15 years | $317 |
| 17 years | $2,757 |
| 19 years | $5,197 |
| 21 years | $7,638 |
| 23 years | $10,078 |
| 25 years | $12,519 |
Top Solar Installers in Clyde
When making the switch to solar, many homeowners choose to use a solar installer since installing solar panels yourself can be a challenging project. Local solar companies can also help you optimize your return on investment by walking you through any local incentives you can benefit from and by offering warranties and repairs.
Working with a licensed solar installer can help you make the most of your investment in solar. 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 Clyde
Factors that Affect Solar Panel Costs in Clyde
For many Clyde homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Clyde, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $3,410 per kilowatt in Clyde.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Clyde average.
Solar Financing Terms
Most solar companies in Clyde have solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also increases your overall costs, so it’s crucial to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can impact your pricing. Clyde’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger 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 | $8,857 | 15.7 years |
| 8 kW | $3.48 | $19,478 | $12,191 | 15.4 years |
| 10 kW | $3.41 | $23,870 | $15,716 | 15.1 years |
| 12 kW | $3.34 | $28,071 | $19,432 | 14.8 years |
| 14 kW | $3.27 | $32,081 | $23,339 | 14.5 years |
| 16 kW | $3.21 | $35,900 | $27,437 | 14.2 years |
| 18 kW | $3.14 | $39,529 | $31,726 | 13.9 years |
| 20 kW | $3.07 | $42,966 | $36,206 | 13.6 years |
How to Save on Solar Panels
The solar installer you choose will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- 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 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 ask for their list of offerings before making your decision.
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 Clyde, OH Solar Cost FAQs
How much does it cost to install solar panels in Clyde?
The average cost of solar panels in Clyde 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 stuff 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 Clyde?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Does Clyde have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.