Solar Panel Cost Guide in Huntington, OH (2024 Update)
- Huntington Solar Installation Cost: $17,738
- 25-Year Savings: $22,169
- Payback Period: 12.5 Years
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Average Cost of Solar Panels in Huntington
We go over average solar pricing in Huntington.
The average cost of a solar panel system in Huntington is 3 per watt.The average Huntington homeowner needs a 7.4-kilowatt system, which would cost about $17,738 with the federal tax credit, or $25,365 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Huntington homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $18,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar company in Huntington for a personalized quote.
Solar savings over time in Huntington
| Year | Return on Investment |
|---|---|
| 1 years | $-16,276 |
| 3 years | $-13,351 |
| 5 years | $-10,426 |
| 7 years | $-7,501 |
| 9 years | $-4,576 |
| 11 years | $-1,651 |
| 13 years | $1,274 |
| 15 years | $4,199 |
| 17 years | $7,124 |
| 19 years | $10,049 |
| 21 years | $12,974 |
| 23 years | $15,900 |
| 25 years | $18,825 |
Top Solar Installers in Huntington
When making the switch to solar, many homeowners opt to hire a solar company since DIY solar panel installation can be a difficult project. Local solar installers can also help you optimize your return on investment by walking you through any local incentives and by offering warranties and repairs.
Working with a licensed solar company can help your solar project go smoothly. 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 Huntington
Factors that Affect Solar Panel Costs in Huntington
For many Huntington homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Huntington, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a 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 a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Huntington provide solar loans, which reduce the initial cost of installing solar.Even though solar loans make switching to solar energy more accessible for Huntington homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies operating in Huntington, and each can charge different amounts for labor and equipment.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 | $13,756 | 13.0 years |
| 8 kW | $3.48 | $19,478 | $18,724 | 12.7 years |
| 10 kW | $3.41 | $23,870 | $23,882 | 12.5 years |
| 12 kW | $3.34 | $28,071 | $29,231 | 12.2 years |
| 14 kW | $3.27 | $32,081 | $34,772 | 12.0 years |
| 16 kW | $3.21 | $35,900 | $40,503 | 11.7 years |
| 18 kW | $3.14 | $39,529 | $46,425 | 11.5 years |
| 20 kW | $3.07 | $42,966 | $52,538 | 11.2 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on 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:
- Installation Process: When making the switch to solar energy, it’s crucial to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the project timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Contract: When reading 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 such as a system part breaking or if the company goes out of business.
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 Huntington, OH Solar Cost FAQs
What is the average cost of installing solar panels in Huntington?
The average cost of solar panels in Huntington 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 things like the kind 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 Huntington?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The drawback 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 incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is it worth going solar in Huntington?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
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 the amount of 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 install between 20 and 35 panels to account for 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.