Solar Panel Cost Guide in Willowick, OH (2024 Update)
- Willowick Solar Installation Cost: $18,626
- 25-Year Savings: $13,397
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Willowick
We go over average solar pricing in Willowick.
Although the national average of solar panels is $2.66 per watt, solar panels in Willowick generally cost around 3.Using this figure, a typical 7.8-kW system would cost about $18,626 before the 0 federal solar tax credit is applied.
These figures are only estimates, and your own solar costs will differ based on your specific situation and what company you want to go with.With average savings of about $13,000 on power bills over 20 years, many homeowners in Willowick find going solar can be quite rewarding.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Willowick
| Year | Return on Investment |
|---|---|
| 1 years | $-17,372 |
| 3 years | $-14,865 |
| 5 years | $-12,357 |
| 7 years | $-9,849 |
| 9 years | $-7,342 |
| 11 years | $-4,834 |
| 13 years | $-2,327 |
| 15 years | $181 |
| 17 years | $2,689 |
| 19 years | $5,196 |
| 21 years | $7,704 |
| 23 years | $10,211 |
| 25 years | $12,719 |
Top Solar Installers in Willowick
Installing solar panels yourself can be a stressful task, which is why getting a solar installation company is a good option for many homeowners. Plus, if you’re not certain what brand of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
If you're searching for a solar company in Willowick, we've compiled 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 Willowick
Factors that Affect Solar Panel Costs in Willowick
For many Willowick homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Willowick, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of 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 in the long run on your energy bills. Additionally, add-on products, like solar batteries, can bring your total well above the Willowick average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Willowick homeowners opt to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also adds to your all-in costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Willowick, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $6,158 | 17.7 years |
| 8 kW | $3.48 | $19,478 | $8,593 | 17.3 years |
| 10 kW | $3.41 | $23,870 | $11,218 | 17.0 years |
| 12 kW | $3.34 | $28,071 | $14,035 | 16.7 years |
| 14 kW | $3.27 | $32,081 | $17,042 | 16.3 years |
| 16 kW | $3.21 | $35,900 | $20,240 | 16.0 years |
| 18 kW | $3.14 | $39,529 | $23,630 | 15.6 years |
| 20 kW | $3.07 | $42,966 | $27,210 | 15.3 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Willowick, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Reputation: Companies that have been in business for many years likely have a solid 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 support, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion 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 Willowick, OH Solar Cost FAQs
What is the average cost of installing solar panels in Willowick?
The average cost of solar panels in Willowick 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 things such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Willowick?
Solar panels aren’t free in Willowick, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Willowick is currently $173,730, so you could be looking at a value of about $7,123 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Willowick is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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 buy between 20 and 35 panels to cover 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.