Solar Panel Cost Guide in Napoleon, OH (2024 Update)
- Napoleon Solar Installation Cost: $18,244
- 25-Year Savings: $17,800
- Payback Period: 14.5 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Napoleon
Find out what the average cost of solar panel installation is in Napoleon.
In Napoleon, solar panels cost about 3 per watt on average.The average Napoleon homeowner needs a 7.6-kilowatt system, which would cost about $18,244 with the federal tax credit, or $26,089 before the 0 tax credit is applied.
These figures are only averages, and the cost of going solar for you may differ based on your specific situation 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 $16,000 over 20 years on energy bills.
To receive a free quote from a top solar installer in Napoleon, you can click the button below.
Solar savings over time in Napoleon
Year | Return on Investment |
---|---|
1 years | $-16,946 |
3 years | $-14,352 |
5 years | $-11,757 |
7 years | $-9,163 |
9 years | $-6,568 |
11 years | $-3,974 |
13 years | $-1,379 |
15 years | $1,216 |
17 years | $3,810 |
19 years | $6,405 |
21 years | $8,999 |
23 years | $11,594 |
25 years | $14,188 |
Top Solar Installers in Napoleon
When switching to solar energy, many homeowners decide to go with a solar company since putting up a solar system yourself can be a time-consuming project. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're on the hunt for a solar installer in Napoleon, we've put together a list of our top suggestions here:
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 Napoleon
Factors that Affect Solar Panel Costs in Napoleon
The cost of installing a solar system in Napoleon can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,410 per kilowatt in Napoleon.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, like solar batteries, can bring your total well above the Napoleon average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid choice because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Napoleon, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.The company’s size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger 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 | $9,831 | 15.1 years |
8 kW | $3.48 | $19,478 | $13,490 | 14.8 years |
10 kW | $3.41 | $23,870 | $17,340 | 14.5 years |
12 kW | $3.34 | $28,071 | $21,380 | 14.2 years |
14 kW | $3.27 | $32,081 | $25,612 | 13.9 years |
16 kW | $3.21 | $35,900 | $30,035 | 13.6 years |
18 kW | $3.14 | $39,529 | $34,648 | 13.3 years |
20 kW | $3.07 | $42,966 | $39,453 | 13.0 years |
How to Save on Solar Panels
There are a lot of companies available in Napoleon, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Well-established companies 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 adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Warranty: If you care about the longevity of your solar panels, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
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 Napoleon, OH Solar Cost FAQs
How much does it cost to install solar panels in Napoleon?
The average cost of solar panels in Napoleon 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 such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Napoleon?
You can’t get solar panels for free in Napoleon. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Napoleon?
The majority of states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 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.