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

  • Tate Solar Installation Cost: $17,585
  • 25-Year Savings: $12,146
  • Payback Period: 17.3 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

Why you can trust EcoWatch

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 Tate

Let’s have a look at the average cost of solar panels in Tate.

Although the national average of solar panels is $2.66 per watt, solar panels in Tate typically cost about 3.The average solar panel system size in Tate is around 7.4 kilowatts, meaning a cost of about $17,585 for a solar installation, or $25,147 before the 0 federal solar tax credit is applied.

The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of going solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy consumption and what company you go with.For many homeowners, the upfront investment in solar is worth paying. On average Tate homeowners see about $13,000 in savings on electricity bills over 20 years.

To get a free quote from a highly rated solar installer in Tate, you can click the button below.

Solar savings over time in Tate

Year Return on Investment
1 years $-16,420
3 years $-14,090
5 years $-11,760
7 years $-9,430
9 years $-7,100
11 years $-4,770
13 years $-2,440
15 years $-110
17 years $2,220
19 years $4,550
21 years $6,880
23 years $9,210
25 years $11,540

Top Solar Installers in Tate

When making the switch to solar, many homeowners choose to use a solar company since putting up a solar system yourself can be a challenging project. Another great thing about using a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.

If you're looking for a solar company in Tate, we've compiled a list of our top suggestions here:

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 Tate

Factors that Affect Solar Panel Costs in Tate

For many Tate homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Tate, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.

Solar Equipment

One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend around $3,410 per kilowatt in Tate.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Tate, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar installers in Tate offer solar loans, which reduce your upfront costs of installing solar.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.

Solar Panel Installation Company

The last major cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Tate, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Tate have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. 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 $5,749 18.0 years
8 kW $3.48 $19,478 $8,047 17.7 years
10 kW $3.41 $23,870 $10,537 17.3 years
12 kW $3.34 $28,071 $13,217 17.0 years
14 kW $3.27 $32,081 $16,088 16.7 years
16 kW $3.21 $35,900 $19,150 16.3 years
18 kW $3.14 $39,529 $22,403 16.0 years
20 kW $3.07 $42,966 $25,847 15.6 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: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
  • Reputation: Companies that have been operating for many years likely have a high 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.
  • Warranty: If you’re worried about the longevity of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.

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 Tate, OH Solar Cost FAQs

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

The average cost of solar panels in Tate 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 like the type of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider other than cost when buying solar panels?

The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places 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.

How will having solar panels impact the value of my home?

Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home 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.

Follow us