Solar Panel Cost Guide in Willard, OH (2024 Update)
- Willard Solar Installation Cost: $16,530
- 25-Year Savings: $18,046
- Payback Period: 13.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Willard
Let’s take a look at the average cost of solar in Willard.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Willard, the typical cost of a solar system is 3 per watt.Because a 6.9-kW system is needed to cover the energy usage of a typical home in Willard, the average price of going solar will be about $16,530 after claiming the federal solar tax credit of 0.
The true price you pay can be above or below the average in Willard based on several factors, such as the kind of solar panels you choose and the solar company you hire.With typical savings of about $17,000 on power bills over 20 years, many homeowners in Willard find installing solar panels can pay off big.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Willard
| Year | Return on Investment |
|---|---|
| 1 years | $-15,254 |
| 3 years | $-12,702 |
| 5 years | $-10,150 |
| 7 years | $-7,597 |
| 9 years | $-5,045 |
| 11 years | $-2,493 |
| 13 years | $59 |
| 15 years | $2,611 |
| 17 years | $5,164 |
| 19 years | $7,716 |
| 21 years | $10,268 |
| 23 years | $12,820 |
| 25 years | $15,373 |
Top Solar Installers in Willard
Although it's possible to install solar panels by yourself, it involves extra labor and know-how. That's why almost all homeowners choose to hire a solar panel installer. Another benefit of working with a solar installer is that they can help you optimize your return of investment by bringing down your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
If you’d like to start using solar energy but still aren’t sure which solar panel company to go with, here are our recommendations for providers near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Willard
Factors that Affect Solar Panel Costs in Willard
For many Willard homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Willard, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,410.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Willard, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Willard, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your overall costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you select will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $11,492 | 14.1 years |
| 8 kW | $3.48 | $19,478 | $15,705 | 13.8 years |
| 10 kW | $3.41 | $23,870 | $20,108 | 13.6 years |
| 12 kW | $3.34 | $28,071 | $24,703 | 13.3 years |
| 14 kW | $3.27 | $32,081 | $29,488 | 13.0 years |
| 16 kW | $3.21 | $35,900 | $34,465 | 12.8 years |
| 18 kW | $3.14 | $39,529 | $39,632 | 12.5 years |
| 20 kW | $3.07 | $42,966 | $44,990 | 12.2 years |
How to Save on Solar Panels
The solar panel company you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
- Contract: It’s important to read your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Willard, OH Solar Cost FAQs
What is the average cost of installing solar panels in Willard?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Willard have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future electricity bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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.