Solar Panel Cost Guide in Teays Valley, WV (2024 Update)
- Teays Valley Solar Installation Cost: $26,239
- 25-Year Savings: $28,455
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Teays Valley
We go over average solar pricing in Teays Valley.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Teays Valley, the average cost of solar panels is 3 per watt.Using this figure, a typical 11.1-kW system would cost about $26,239 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of installing solar panels can vary depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.Even with the high upfront cost, the average Teays Valley homeowner can save around $17,000 on their power bills over 20 years, which is one of the positives of solar.
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 Teays Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-24,613 |
| 3 years | $-21,362 |
| 5 years | $-18,111 |
| 7 years | $-14,859 |
| 9 years | $-11,608 |
| 11 years | $-8,357 |
| 13 years | $-5,105 |
| 15 years | $-1,854 |
| 17 years | $1,397 |
| 19 years | $4,649 |
| 21 years | $7,900 |
| 23 years | $11,151 |
| 25 years | $14,403 |
Top Solar Installers in Teays Valley
Although it's possible to install solar panels on your own, it involves extra time and handiness. Because of that, most people choose to go with a solar panel installer. The payback period on a solar system will vary depending on factors like your roof configuration and energy consumption, but working with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Teays Valley
Factors that Affect Solar Panel Costs in Teays Valley
The cost of installing a solar system in Teays Valley can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Teays Valley, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,390 for each additional kilowatt you need.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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, more efficient panels could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Teays Valley average.
Solar Financing Terms
Most solar installers in Teays Valley have solar loans, which reduce your upfront costs of installing solar panels.However, the interest on solar loans also adds to your total costs, so it’s vital to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Teays Valley are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $3.53 | $14,808 | $11,721 | 14.0 years |
| 8 kW | $3.46 | $19,364 | $16,008 | 13.7 years |
| 10 kW | $3.39 | $23,730 | $20,484 | 13.4 years |
| 12 kW | $3.32 | $27,906 | $25,150 | 13.1 years |
| 14 kW | $3.25 | $31,893 | $30,006 | 12.9 years |
| 16 kW | $3.19 | $35,690 | $35,052 | 12.6 years |
| 18 kW | $3.12 | $39,297 | $40,288 | 12.3 years |
| 20 kW | $3.05 | $42,714 | $45,714 | 12.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- 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 considerable role in the company you hire.
- Contract: Look through the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Teays Valley, WV Solar Cost FAQs
What is the average cost of installing solar panels in Teays Valley?
The average cost of solar panels in Teays Valley is about $16,950 for a 5-kW system and $33,900 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Teays Valley have a net metering program?
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 power bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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.