Solar Panel Cost Guide in Mogadore, OH (2024 Update)

  • Mogadore Solar Installation Cost: $18,623
  • 25-Year Savings: $12,457
  • Payback Period: 17.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Mogadore

We break down average solar pricing in Mogadore.

The average cost of a solar panel system in Mogadore is 3 per watt.The average Mogadore homeowner needs a 7.8-kilowatt system, which would cost about $18,623 with the federal tax credit, or $26,631 before the 0 tax credit is applied.

These figures are only estimates, and how much solar costs for you may look different based on factors unique to your home and what company you want to go with.But, after you've paid the initial cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $13,000 over 20 years on utility bills.

To get a free estimate from a highly rated solar installation company in Mogadore, you can click the button below.

Solar savings over time in Mogadore

Year Return on Investment
1 years $-17,403
3 years $-14,962
5 years $-12,522
7 years $-10,081
9 years $-7,641
11 years $-5,200
13 years $-2,760
15 years $-319
17 years $2,121
19 years $4,562
21 years $7,002
23 years $9,442
25 years $11,883

Top Solar Installers in Mogadore

Putting up solar panels by yourself can be a difficult undertaking, which is why using a solar installer is a good option for many homeowners. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by offering warranties and repairs.

If you’d like to go solar but still aren’t certain which solar system company to go with, here are our recommendations for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • 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 Mogadore

Factors that Affect Solar Panel Costs in Mogadore

Although the average cost of a solar system in Mogadore is $18,623, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to consider.

Solar Equipment

When it comes to estimating the price of a solar panel system in Mogadore, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $3,410 for each additional kilowatt you need.There are many different solar panel brands and the one you choose also affects the cost. Typically, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you only 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 in cash is difficult, solar loans are a solid choice because they lower your upfront costs and let you pay for your system over five to seven years on average.While solar loans make going solar more accessible for Mogadore homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The final significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Mogadore, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk 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 $5,437 18.3 years
8 kW $3.48 $19,478 $7,631 18.0 years
10 kW $3.41 $23,870 $10,016 17.6 years
12 kW $3.34 $28,071 $12,592 17.3 years
14 kW $3.27 $32,081 $15,359 16.9 years
16 kW $3.21 $35,900 $18,317 16.6 years
18 kW $3.14 $39,529 $21,466 16.2 years
20 kW $3.07 $42,966 $24,806 15.8 years

How to Save on Solar Panels

Since the brand of solar panels and the installation company you choose considerably influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
  • Reputation: Companies that have been in business for many years likely have a solid 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.
  • Solar Panel Brands: Different companies will have different brands and models of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
  • Contract: Look through the contract terms closely to make sure you understand how much it will cost, project completion timeline rebates and warranties.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Mogadore, OH Solar Cost FAQs

How much does it cost to install solar panels in Mogadore?

The average cost of solar panels in Mogadore 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 things such as 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 Mogadore?

Leasing solar panels can be an attractive choice, because it typically 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 option if you want to get the most savings.

Can you sell solar power back to the grid in Mogadore?

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 power bills.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy needs 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 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.

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