Solar Panel Cost Guide in Conneaut, OH (2024 Update)
- Conneaut Solar Installation Cost: $18,687
- 25-Year Savings: $13,351
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in Conneaut
We break down average solar pricing in Conneaut.
Although the national average of solar panels is $2.66 per watt, solar panels in Conneaut typically cost about 3.To account for the typical energy needs of the average home in Conneaut, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $18,687, or $26,722 before the federal solar tax credit of 0 is applied.
These figures are only averages, and the cost of going solar for you will most likely vary based on your specific situation and what company you choose to go with.But, after you've paid the upfront cost of installation, the payback for most homeowners is typically good, with a net average savings of about $13,000 over 20 years on power bills.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Conneaut
| Year | Return on Investment |
|---|---|
| 1 years | $-17,434 |
| 3 years | $-14,926 |
| 5 years | $-12,418 |
| 7 years | $-9,911 |
| 9 years | $-7,403 |
| 11 years | $-4,895 |
| 13 years | $-2,388 |
| 15 years | $120 |
| 17 years | $2,627 |
| 19 years | $5,135 |
| 21 years | $7,643 |
| 23 years | $10,150 |
| 25 years | $12,658 |
Top Solar Installers in Conneaut
Although you can install solar panels yourself, it takes extra time and knowledge. Because of that, the majority of homeowners choose to hire a solar panel installer. Solar warranties and repairs are ordinarily included in the cost of installation when you hire a solar contractor as well, which can save you more money over time.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Conneaut:
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 Conneaut
Factors that Affect Solar Panel Costs in Conneaut
There are many criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,410. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Conneaut, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, 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
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Conneaut homeowners choose to finance their solar panel systems to make going solar more affordable.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Conneaut is the company you choose to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that offer a range of services at different price points.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions 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 | $6,089 | 17.7 years |
| 8 kW | $3.48 | $19,478 | $8,501 | 17.4 years |
| 10 kW | $3.41 | $23,870 | $11,103 | 17.1 years |
| 12 kW | $3.34 | $28,071 | $13,897 | 16.7 years |
| 14 kW | $3.27 | $32,081 | $16,881 | 16.4 years |
| 16 kW | $3.21 | $35,900 | $20,056 | 16.0 years |
| 18 kW | $3.14 | $39,529 | $23,423 | 15.7 years |
| 20 kW | $3.07 | $42,966 | $26,980 | 15.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
- Contract: Before you sign a contract with a solar installer, be sure to look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done 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 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 Conneaut, OH Solar Cost FAQs
How much does it cost to install solar panels in Conneaut?
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. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Conneaut, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.