Solar Panel Cost Guide in Sebring, OH (2024 Update)
- Sebring Solar Installation Cost: $18,726
- 25-Year Savings: $12,930
- Payback Period: 17.3 Years
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Average Cost of Solar Panels in Sebring
Let’s have a look at the average cost of solar panels in Sebring.
The average cost of a solar panel system in Sebring is 3 per watt.Because a 7.8-kW system is needed to cover the energy usage of a typical home in Sebring, the average price of going solar will be about $18,726 after claiming the federal solar tax credit of 0.
These figures are only averages, and the cost of going solar for you may look different based on the amount of energy your home requires and what company you choose to go with.But, after you've paid the upfront cost of installation, the savings for most homeowners is typically good, with a net average savings of about $13,000 over 20 years on utility bills.
To receive a free estimate from a pre-vetted solar installation company in Sebring, you can click the button below.
Solar savings over time in Sebring
| Year | Return on Investment |
|---|---|
| 1 years | $-17,506 |
| 3 years | $-15,065 |
| 5 years | $-12,625 |
| 7 years | $-10,184 |
| 9 years | $-7,744 |
| 11 years | $-5,303 |
| 13 years | $-2,863 |
| 15 years | $-422 |
| 17 years | $2,018 |
| 19 years | $4,459 |
| 21 years | $6,899 |
| 23 years | $9,340 |
| 25 years | $11,780 |
Top Solar Installers in Sebring
Installing solar panels on your own can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. Plus, if you’d like to maximize your investment in solar power, opting for a solar installer can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Sebring:
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 Sebring
Factors that Affect Solar Panel Costs in Sebring
Though the average cost of a solar system in Sebring is $18,726, your actual cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,410.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 more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Sebring offer solar loans, which reduce the initial cost of installing solar panels.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can affect your pricing. Sebring’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and decide on the company that has the products, warranties and services you’re looking for and also fits within your budget.
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 | $5,746 | 18.0 years |
| 8 kW | $3.48 | $19,478 | $8,044 | 17.7 years |
| 10 kW | $3.41 | $23,870 | $10,532 | 17.3 years |
| 12 kW | $3.34 | $28,071 | $13,211 | 17.0 years |
| 14 kW | $3.27 | $32,081 | $16,081 | 16.7 years |
| 16 kW | $3.21 | $35,900 | $19,143 | 16.3 years |
| 18 kW | $3.14 | $39,529 | $22,395 | 16.0 years |
| 20 kW | $3.07 | $42,966 | $25,838 | 15.6 years |
How to Save on Solar Panels
There are a large number of companies available in Sebring, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the completion timeline.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Reputation: Companies that have been operating for many years likely have a good 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.
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 Sebring, OH Solar Cost FAQs
What is the average cost of installing solar panels in Sebring?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Sebring?
Each state has some form 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 utility bills.
How often do you have to replace solar panels?
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 level 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.