Solar Panel Cost Guide in East Palestine, OH (2024 Update)
- East Palestine Solar Installation Cost: $18,691
- 25-Year Savings: $12,405
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in East Palestine
Let’s take a look at the average cost of solar in East Palestine.
The average cost of solar panels in East Palestine is 3 per watt.The average East Palestine homeowner needs a 7.8-kilowatt system, which would cost about $18,691 with the federal tax credit, or $26,728 before the 0 tax credit is applied.
These figures are only estimates, and the cost of going solar for you will most likely look different based on the amount of energy your home requires and what company you choose to go with.With average savings of about $13,000 on power bills over 20 years, many homeowners in East Palestine find installing solar panels can be quite rewarding.
You can click the button below to get connected with a vetted solar company in East Palestine that can help you get a more accurate cost estimate for your home.
Solar savings over time in East Palestine
| Year | Return on Investment |
|---|---|
| 1 years | $-17,471 |
| 3 years | $-15,031 |
| 5 years | $-12,590 |
| 7 years | $-10,150 |
| 9 years | $-7,709 |
| 11 years | $-5,269 |
| 13 years | $-2,828 |
| 15 years | $-388 |
| 17 years | $2,053 |
| 19 years | $4,493 |
| 21 years | $6,933 |
| 23 years | $9,374 |
| 25 years | $11,814 |
Top Solar Installers in East Palestine
Although it's possible to install solar panels yourself, it takes extra energy and handiness. Because of that, most people choose a solar panel installer. Plus, if you’d like to maximize your investment in solar power, opting for a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in East Palestine:
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 East Palestine
Factors that Affect Solar Panel Costs in East Palestine
There are several factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $3,410 per kilowatt in East Palestine.There are a lot of different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you hire to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies operating throughout East Palestine, and each can charge varying amounts for labor and equipment.You may notice national solar installers that have lower prices due to 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 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 | $5,362 | 18.4 years |
| 8 kW | $3.48 | $19,478 | $7,532 | 18.0 years |
| 10 kW | $3.41 | $23,870 | $9,892 | 17.7 years |
| 12 kW | $3.34 | $28,071 | $12,443 | 17.3 years |
| 14 kW | $3.27 | $32,081 | $15,185 | 17.0 years |
| 16 kW | $3.21 | $35,900 | $18,119 | 16.6 years |
| 18 kW | $3.14 | $39,529 | $21,243 | 16.3 years |
| 20 kW | $3.07 | $42,966 | $24,558 | 15.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- 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 project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- 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 large role in the company you hire.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
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 East Palestine, OH Solar Cost FAQs
How much does it cost to install solar panels in East Palestine?
The average cost of solar panels in East Palestine is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in East Palestine?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Do solar panels increase your home value?
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 East Palestine is currently $126,354, so you can look forward to a value of about $5,181 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in East Palestine is a worthwhile investment.
How often do you have to replace solar panels?
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 larger amount 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.