Solar Panel Cost Guide in North Royalton, OH (2024 Update)
- North Royalton Solar Installation Cost: $18,803
- 25-Year Savings: $12,793
- Payback Period: 17.5 Years
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Average Cost of Solar Panels in North Royalton
See how much it might cost to install solar panels in North Royalton.
While the national average of solar panels is $2.66 per watt, solar panels in North Royalton generally cost about 3.To account for the typical energy needs of the average home in North Royalton, most homeowners require a 7.9-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,803, or $26,888 before the federal solar tax credit of 0 is applied.
These figures are just averages, and how much solar costs for you will most likely look different based on your specific situation and what company you choose to go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in North Royalton can save around $13,000 on their energy bills over 20 years.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in North Royalton
| Year | Return on Investment |
|---|---|
| 1 years | $-17,549 |
| 3 years | $-15,041 |
| 5 years | $-12,534 |
| 7 years | $-10,026 |
| 9 years | $-7,518 |
| 11 years | $-5,011 |
| 13 years | $-2,503 |
| 15 years | $4 |
| 17 years | $2,512 |
| 19 years | $5,020 |
| 21 years | $7,527 |
| 23 years | $10,035 |
| 25 years | $12,542 |
Top Solar Installers in North Royalton
When switching to solar energy, many homeowners choose to use a solar company since DIY solar panel installation can be a difficult project. Another perk of using a solar installer is that they can help you make the most of your return of investment by lowering your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you're looking for a solar company in North Royalton, we've organized 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 North Royalton
Factors that Affect Solar Panel Costs in North Royalton
While the average cost of a solar system in North Royalton is $18,803, your actual cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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 over time on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the North Royalton average.
Solar Financing Terms
Most solar companies in North Royalton provide solar loans, which reduce your upfront costs of installing solar panels.When figuring out 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 remaining major cost factor you should take into consideration is the installer you choose. Given the growing popularity of renewable energy solutions in North Royalton, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in North Royalton are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $5,601 | 18.2 years |
| 8 kW | $3.48 | $19,478 | $7,850 | 17.8 years |
| 10 kW | $3.41 | $23,870 | $10,290 | 17.5 years |
| 12 kW | $3.34 | $28,071 | $12,921 | 17.1 years |
| 14 kW | $3.27 | $32,081 | $15,743 | 16.8 years |
| 16 kW | $3.21 | $35,900 | $18,756 | 16.4 years |
| 18 kW | $3.14 | $39,529 | $21,960 | 16.1 years |
| 20 kW | $3.07 | $42,966 | $25,354 | 15.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Contract: When reading through your solar company’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 the company going out of business.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Solar Panel Brands: The brand of solar panel you need to get plays a role in which company you should choose, since different companies offer different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
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 North Royalton, OH Solar Cost FAQs
What is the average cost of installing solar panels in North Royalton?
The average cost of solar panels in North Royalton 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 consume.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in North Royalton, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in North Royalton?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.