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Best 3 Solar Companies in Elyria, OH
The best solar company in Elyria is YellowLite.
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- Updated 2024-04-18 00:00:00
With Elyria's clear skies and little rainfall, it's an excellent area for homeowners and businesses aiming to harness the extra sunlight by purchasing panels from one of the best solar installers. 282 homes in the area already use a solar PV or water heating system. Expert installers will therefore have the precise experience you need to embrace the solar bandwagon with confidence. On this page, we'll showcase Elyria's most reputable solar companies and offer valuable advice for your solar journey.
3 Best Solar Companies in Elyria
Brands are algorithmically curated from a database of local service providers near you. We require a minimum number of Google reviews and average ratings for provider inclusion.
YellowLite
Ratings are based on our detailed proprietary methodology and review standards.
Wind Turbines of Ohio, LLC
Ratings are based on our detailed proprietary methodology and review standards.
Paradise Energy Solutions
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
Our team focuses on the following criteria to assess the best Elyria solar companies.
- Customer reviews and feedback: Most Elyria solar contractors have both positive and critical reviews. However, a good review ratio shows a company's trustworthiness and responsiveness to issues.
- Educational approach and support: Solar technicians must be excellent teachers. They should use their years of experience answer your questions on how to maintain your system and improve its performance.
- Panel brands and quality: The best solar companies remain current on new technology, providing equipment from innovative, dependable manufacturers.
- Certifications and credentials: Each contractor on our list complies with state and city licensing requirements and stays up to date with industry best practices. Many of them have served the Elyria community for over 15 years.
- Warranty and service offerings: Solar companies should stand behind their products and services with warranties. We evaluated how each installer responds to issues and warranty claims, focusing on timeliness and customer satisfaction.
Facts about Elyria
- Average Max Temperature:57°F
- Solar Payback Period:15 years
- Average Daily Sunlight:56%
- Homes Powered by Solar:282
- Average Annual Energy Bill:$1,237
- Solar Power per Capita:12.9%
Benefits of Solar Energy
Solar energy offers multiple advantages. Here are some highlights.
- Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.
- Better energy independence: Solar panel systems can keep your home powered through emergencies and blackouts. You can use your solar energy anytime with optional battery backup.
- Lowered energy bills: You can skip the premium cost of grid-tied power by generating some electricity at home. Plus, many states provide net metering which can allow you to sell your unused energy back to help pay for your energy bill.
What Solar Incentives Are Available to Elyria Homeowners?
Governments and utility companies often reward homeowners for switching to solar. Here are some of the rebates, tax credits or other programs you could qualify for.
Incentive Type:Loan Program
Website:https://www.hamiltoncountyohio.gov/government/open_hamilton_county/projects/home_improvement_program
Incentive Amount:
$50,000
Incentive Type:PACE Financing
Incentive Amount:
Low-interest, 30-year loan
Incentive Type:Loan Program
Website:http://www.tos.ohio.gov/ECOLINK
Incentive Amount:
Rate reduction available for up to $50,000 and 7 years of the bank loan
Incentive Type:Solar Renewable Energy Credit Program
Incentive Amount:
SREC prices vary based on market conditions
Incentive Type:Personal Tax Credit
Website:https://www.ecowatch.com/solar/ev-appliance-solar-tax-credit-calculator
Incentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Elyria
The more thorough your company research is, the better your solar system will ultimately perform. Here are some key items to keep in mind while searching for a solar company.
Licensing and Training
Ohio may require a solar company to hold a state contractors' license, but only for commercial work. For home solar panel installations, cities can establish their own licensing or regulatory requirements. Solar companies can also obtain accreditations from trade groups and standards organizations. The most respected ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Elyria
Your solar panels' style will impact how much power you can produce. Monocrystalline panels are among the highest quality and perform the best but cost the most. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.
You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can maximize your solar system's efficiency. Not all solar companies include these optional components, so look for a company that installs them if it's crucial for you.
Generally speaking, it costs about $17,050 for a five-kilowatt solar array in Elyria. This table shows more specific costs for different solar panel types and system components in your area.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,059.64 |
Solar Polycrystalline | $826.52 |
Thin-Film | $483.20 |
Solar Battery | $678.17 |
Solar Home EV Charger | $2,543.14 |
Financing Solar Energy in Elyria
Solar contractors use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are cash payments, solar leases, solar loans and power purchase agreements (PPAs). We advise making a cash payment or using a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar panel incentives to cut your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in monthly installments while still enjoying energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases let you use your panels for a fixed monthly rate, while PPAs let you pay just for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each business you're considering about the financing options it offers. A consultant can help you determine the optimal option for your financial situation.
The table below lists the average payback periods for different capacities of solar systems in Elyria.
The IRS allows you to claim a 26% federal tax credit for solar panels on your new solar panels, so long as you purchase it before 2032. Local governments and utilities might also offer their own financing programs, rebates, and incentives that could save you more money.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 2.6 years |
2 kW | 5.2 years |
5 kW | 13.1 years |
10 kW | 26.2 years |
Frequently Asked Questions about Solar in Elyria
On average, Elyria homeowners spend around $1,237 per year for energy. Once you repay your solar array, you could save $817.46 per kilowatt you produce.
Yes, solar energy is gaining popularity in Elyria. Some homes already generate solar power on-site or through utility grids, and they're backed by a state solar economy with 7282 jobs and counting.
Yes, new solar systems translate to higher property values according to the National Renewable Energy Laboratory (NREL.) Homeowners could project a $20 property value increase for each dollar they save on energy. Therefore, $600 in energy savings could increase your home's value by $12,000.
To determine your home's solar readiness, there's no substitute for a comprehensive estimate from a local solar contractor. However, you can use the PVWatts tool for a simple solar viability prediction based on public data, including panel efficiency, tree cover, local weather and topography, and system size.
Your solar job's duration will depend on its complexity and size, as well as Elyria's permit and inspection procedures. It could take a couple of weeks to a couple of months on average.
A typical Elyria solar home has a 7.1-kW panel array, but you might need a smaller system if your energy needs are higher. Solar experts will evaluate your property's power usage and roof shading to recommend the proper system for you.
To enhance your solar system's performance, you can implement the following steps:
- optimize the panels' position with your solar installer
- regularly clean your solar panels
- upgrade to a more efficient inverter trim or cut down trees in the way of your panels
- use energy-efficient appliances
A power purchase agreement is a contract between you and your contractor. They set up, own, and care for the panels, and you buy the generated electricity from them for 10–25 years. There will usually be options to buy out early to own your system and extend the agreement.
In contrast, solar loans can come from installer, local banks, specialty lenders and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are more expensive, and you'll be responsible for maintenance, you'll also have full ownership rights and can apply for many more benefits.
Sources
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