Best Solar Companies in Akron, Ohio

Solar panel costs in Akron

A typical solar panel installation costs anywhere from $9,310 to $26,600 in Ohio. Prices in Akron are comparable, ranging from $8,960 to $25,600.

This doesn’t include an energy storage battery, which sometimes costs as much as the panels: $7,000 to $18,000. A battery lets you store excess energy generated during the day and use it when your panels aren’t producing, like at night or during outages. It’s worth considering if your area gets frequent blackouts or if you don’t opt into Akron’s net metering program.

System size is the other major solar cost factor. The average Akron household needs a system with a capacity of 10.95 kW (kilowatt) to fully offset their electricity costs. Depending on how much energy you and your family use, you might need a smaller or larger one.

Average total solar installation costs by system size in Akron

How can I pay for solar panels?

Getting solar panels is like buying a car. Most people pay cash, finance or lease. Similar to leasing, a power purchase agreement (PPA) lets you get the benefits of solar without actually owning the equipment.

• Solar loans work like any other type of loan. They have relatively low fixed interest rates. Once you pay it off, you own your system outright.
• Solar leases are a good option if you have limited savings and don’t want to take on debt. A potential downside to leasing is that you won’t be eligible for the federal solar tax credit.

» SOLAR PANELS: Lease vs. buy

Is solar worth it in Akron?

Solar panels are generally worth it in Ohio if you like the idea of lowering your monthly utility bills. On average, Akron homeowners with solar panels can avoid $52,568 in total utility costs over 25 years.

The main drawback is the high upfront cost of purchasing and installing the panels and equipment. Assuming an upfront purchase, it takes about 9.1 years to break even (when your savings with solar panels make up for the cost).

Akron experiences a mix of sunny and cloudy days throughout the year. While solar panels can generate electricity even on overcast days, the efficiency is higher with more sunlight. We suggest using NREL’s PVWatts Calculator to estimate how much electricity a solar panel can produce over a year on your house. Project Sunroof is a reliable online solar savings estimator.

Potential roof problems

As a rule of thumb, if your roof is more than 10 years old, consider fixing it before going solar. Installing solar panels on an old roof might mean you have to remove the panels, replace your roof and then reinstall the panels. This is an expensive and frustrating process.

» SHOULD YOU: Replace your roof before going solar?

How to find a reputable solar company in Akron

In our experience, the best solar companies in Ohio have a few things in common: lots of experience, reliable equipment and transparent contracts. Here are some hiring tips.

• Check certifications: Solar installers are required to hold an electrical license, and you should verify a potential contractor's license through the Ohio Department of Commerce. We also recommend choosing an installer certified through the North American Board of Certified Energy Practitioners (NABCEP).
• Read reviews: Avoid companies with recurring complaints about misleading sales tactics, equipment failures, billing issues and lack of communication.
• Compare costs: Get multiple solar quotes from different companies to make sure you’re getting the best deal.
• Ask questions: Do you need a solar storage battery, electric vehicle (EV) charger or critter guards? How does this affect overall pricing? What if your system needs maintenance? If you don’t understand something about the payment terms, warranty or ongoing services, ask for clarification.

Residential solar panel incentives in Akron

The 30% federal solar investment tax credit (ITC) is the best incentive for most Akron homeowners. It reduces your federal tax liability by 30% of how much it costs to install solar panels.

The ITC is a credit, meaning it directly decreases the amount of taxes you owe. This is different from a deduction, which lowers your taxable income.

The ITC drops to 26% in 2033 and 22% in 2034.

For example, if you spend $10,000 installing a solar panel system, the ITC is worth $3,000. If you owe $5,000 in taxes, the $3,000 credit reduces what you owe to $2,000. Any unused portion rolls over to the next tax year. However, it’s possible to get a refund check if the ITC credit reduces your taxes to the point where you overpaid during the year.

You can combine the ITC with local solar incentives in Ohio to maximize savings. For instance, you might be eligible for incentives through the Ohio Air Quality Development Authority.