Solar Panel Cost Guide in Cross Creek, OH (2024 Update)
- Cross Creek Solar Installation Cost: $18,548
- 25-Year Savings: $16,460
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Cross Creek
Here’s how much it might cost to install solar panels in Cross Creek.
The average cost of a solar system in Cross Creek is 3 per watt.Because a 7.8-kW system is needed to cover the energy needs of a typical home in Cross Creek, the average price of going solar will be about $18,548 after claiming the federal solar tax credit of 0.
These figures are only estimates, and the cost of going solar for you will most likely differ based on factors unique to your home and what company you go with.But, after you've paid the initial cost of installation, the return on investment for most homeowners is typically fruitful, with a net average savings of about $15,000 over 20 years on electricity bills.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Cross Creek
| Year | Return on Investment |
|---|---|
| 1 years | $-17,216 |
| 3 years | $-14,552 |
| 5 years | $-11,888 |
| 7 years | $-9,224 |
| 9 years | $-6,560 |
| 11 years | $-3,896 |
| 13 years | $-1,232 |
| 15 years | $1,432 |
| 17 years | $4,096 |
| 19 years | $6,760 |
| 21 years | $9,424 |
| 23 years | $12,088 |
| 25 years | $14,752 |
Top Solar Installers in Cross Creek
Trying to put up solar panels by yourself can be a difficult task, which is why hiring a solar installation company is a good option for many homeowners. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some in Cross Creek:
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 Cross Creek
Factors that Affect Solar Panel Costs in Cross Creek
Even though the average cost of a solar system in Cross Creek is $18,548, your actual cost may be above or below the average. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater 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.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Cross Creek, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, 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
If paying for solar panels out of pocket is difficult, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over five to seven years on average.It’s a good idea to include 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 off the loan.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Cross Creek, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $8,566 | 15.9 years |
| 8 kW | $3.48 | $19,478 | $11,804 | 15.6 years |
| 10 kW | $3.41 | $23,870 | $15,232 | 15.3 years |
| 12 kW | $3.34 | $28,071 | $18,851 | 15.0 years |
| 14 kW | $3.27 | $32,081 | $22,662 | 14.7 years |
| 16 kW | $3.21 | $35,900 | $26,663 | 14.3 years |
| 18 kW | $3.14 | $39,529 | $30,855 | 14.0 years |
| 20 kW | $3.07 | $42,966 | $35,238 | 13.7 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose greatly impacts your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Warranty: If you care about the durability of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
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 Cross Creek, OH Solar Cost FAQs
How much does it cost to install solar panels in Cross Creek?
This is a hard question to answer exactly, 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 extra solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Cross Creek have a net metering program?
Each state has some kind 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 give you credit toward your future utility bills.
How long do solar panels last in Cross Creek?
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 the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use 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.