The cost of solar panels in Chagrin Falls, OH

Updated Oct 26, 2023

  • You'll pay an average of $13,510 to install a 5 kilowatt solar panel system in Chagrin Falls, 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 November 2023, the average solar panel system costs $2.7/W including installation in Chagrin Falls, OH. For a 5 kW installation, this comes out to about $13,510 before incentives, though prices range from $11,484 to $15,536. After the federal tax credit, the average price drops by 30%.

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

Good Price
$11,484 or less
Market Average
$13,510
High Price
$15,536 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Chagrin Falls, 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 $13,510 in Chagrin Falls, 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 Chagrin Falls, OH

System Size
System Cost
System Cost (after ITC)
3 kW$8,106$5,674
4 kW$10,808$7,565
5 kW$13,510$9,457
6 kW$16,212$11,348
7 kW$18,913$13,239
8 kW$21,615$15,131
9 kW$24,317$17,022
10 kW$27,019$18,913

Are solar panels worth it in Chagrin Falls, OH?

Solar panels are worth it in most areas, including Chagrin Falls, 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 $28,595 over 20 years on electricity costs with a 5 kW system in Chagrin Falls, 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
9.66 Years
20-Year Savings
$28,595
Cost-per-Watt
$2.70

If you can't shell out $13,510 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.

Find out what solar panels cost in your area in 2023
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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:

  • 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+ ...
  • Green Rack Solar
    Multi-state
    Established 2019
    Elite Installer
    Welcome to Green Rack Contracting! We're not your average solar company. With our focus on quality and customer s...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    8 Reviews

    Welcome to Green Rack Contracting! We're not your average solar company. With our focus on quality and customer s...
  • TGE Solar
    Multi-state
    Established 2020
    Elite Installer
    With extensive experience amongst the team with several national and regional solar installers, there grew a poin...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    4 Reviews

    With extensive experience amongst the team with several national and regional solar installers, there grew a poin...
  • ESD Solar
    Multi-state
    Established 2014
    Elite Installer
    We are energy consultants that pride ourselves on helping homeowners reach their energy goals through solar. We w...
    Elite Installer
    Screened & Verified

    We are energy consultants that pride ourselves on helping homeowners reach their energy goals through solar. We w...
  • Village Solar Co
    YELLOW SPRINGS, OH
    Established 2020
    Advanced Installer
    Times may be turbulent, but the sun always keeps shining
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    6 Reviews

    Times may be turbulent, but the sun always keeps shining

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 Chagrin Falls, 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 Chagrin Falls, 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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