The cost of solar panels in Ashland, OH

Updated Jan 18, 2024

  • You'll pay an average of $13,532 to install a 5 kilowatt solar panel system in Ashland, OH, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

  • With EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than if you work with a single company.

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Written by: Emily Walker

As of January 2024, the average solar panel system costs $2.71/W including installation in Ashland, OH. For a 5 kW installation, this comes out to about $13,532 before incentives, though prices range from $11,502 to $15,562. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Ashland, OH

Good Price
$11,502 or less
Market Average
$13,532
High Price
$15,562 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Ashland, OH state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $13,532 in Ashland, OH, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Ashland, OH

System Size
System Cost
System Cost (after ITC)
3 kW$8,119$5,684
4 kW$10,826$7,578
5 kW$13,532$9,472
6 kW$16,239$11,367
7 kW$18,945$13,262
8 kW$21,651$15,156
9 kW$24,358$17,050
10 kW$27,064$18,945

Are solar panels worth it in Ashland, OH?

Solar panels are worth it in most areas, including Ashland, OH. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $29,917 over 20 years on electricity costs with a 5 kW system in Ashland, OH. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

If you don't have access to net metering, these estimates don't account for utility net billing rates.

Payback Period
10.38 Years
20-Year Savings
$29,917
Cost-per-Watt
$2.71

If you can't shell out $13,532 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in OH, here are some popular suggestions:

  • EnSMARRT
    Millersburg, OH
    Elite Installer
    Energy management has been the core of our business, and in partnership with solar world leader SunPower, we are ...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    30 Reviews

    Energy management has been the core of our business, and in partnership with solar world leader SunPower, we are ...
  • YellowLite
    Cleveland, OH
    Established 2009
    Elite Installer
    Solar Power World 2013 through 2022 Top Solar Contractor List. NABCEP Certified. BBB Accredited Business with A+ ...
    Elite Installer
    Screened & Verified
    4.5 /5.0
    72 Reviews

    Solar Power World 2013 through 2022 Top Solar Contractor List. NABCEP Certified. BBB Accredited Business with A+ ...
  • TGE Solar
    Multi-state
    Established 2020
    Advanced Installer
    With extensive experience amongst the team with several national and regional solar installers, there grew a poin...
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    5 Reviews

    With extensive experience amongst the team with several national and regional solar installers, there grew a poin...
  • ESD Solar
    Multi-state
    Established 2014
    Advanced Installer
    At ESD Solar you get the best prices, top of the line panels, unbeatable warranties, and exceptional customer ser...
    Advanced Installer
    Screened & Verified

    At ESD Solar you get the best prices, top of the line panels, unbeatable warranties, and exceptional customer ser...
  • Titan Solar Power
    Multi-state
    Approved Installer
    For many families, solar can be a “no brainer.” Here at Titan Solar Power, we are setting the standards for the r...
    Approved Installer
    Screened & Verified
    4.0 /5.0
    76 Reviews

    For many families, solar can be a “no brainer.” Here at Titan Solar Power, we are setting the standards for the r...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Ashland, OH.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Ashland, OH. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

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