Solar Panel Cost Guide in Sandy, OH (2024 Update)
- Sandy Solar Installation Cost: $18,563
- 25-Year Savings: $17,066
- Payback Period: 15.0 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Sandy
We go over average solar pricing in Sandy.
While the national average of solar panels is $2.66 per watt, solar panels in Sandy generally cost about 3.To cover the typical energy needs of the average home in Sandy, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,563, or $26,545 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar panels you want to get, your solar contractor and more.But, after you've paid the initial cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $15,000 over 20 years on utility bills.
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Solar savings over time in Sandy
Year | Return on Investment |
---|---|
1 years | $-17,231 |
3 years | $-14,567 |
5 years | $-11,903 |
7 years | $-9,239 |
9 years | $-6,575 |
11 years | $-3,911 |
13 years | $-1,247 |
15 years | $1,417 |
17 years | $4,081 |
19 years | $6,745 |
21 years | $9,409 |
23 years | $12,073 |
25 years | $14,737 |
Top Solar Installers in Sandy
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of a solar panel installer can make converting to solar power much easier. The expertise that solar installers offer can be invaluable as well, especially if you don’t quite know what kind of solar equipment would be right for your home.
If you’d like to go solar but still aren’t sure which solar panel installer to go with, here are our recommendations for providers nearby:
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 Sandy
Factors that Affect Solar Panel Costs in Sandy
There are many criteria that can affect your total 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
When it comes to estimating the price of a solar panel system in Sandy, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can figure out by looking at past electricity bills. Your total cost can increase by about $3,410 for each additional kilowatt you need.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Sandy is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for instance, you’ll have no shortage of solar installers that offer a range of services for different budgets.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $9,024 | 15.6 years |
8 kW | $3.48 | $19,478 | $12,414 | 15.3 years |
10 kW | $3.41 | $23,870 | $15,995 | 15.0 years |
12 kW | $3.34 | $28,071 | $19,767 | 14.7 years |
14 kW | $3.27 | $32,081 | $23,730 | 14.4 years |
16 kW | $3.21 | $35,900 | $27,884 | 14.1 years |
18 kW | $3.14 | $39,529 | $32,228 | 13.8 years |
20 kW | $3.07 | $42,966 | $36,764 | 13.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The type of solar panel you’d like to get plays a part in which company you should choose, since different companies have different panels.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project timeline.
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 Sandy, OH Solar Cost FAQs
What is the average cost of installing solar panels in Sandy?
The average cost of solar panels in Sandy 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $797.30 per year.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.