We may be compensated if you purchase through links on our website. Our Reviews Team is committed to delivering honest, objective, and independent reviews on home products and services. More

Best 3 Solar Companies in Elyria, OH

Get matched with a top local pro
Join the 10,601 people who have received a free, no-obligation quote in the last 30 days
  1. Home
  2. Find Local Pros
  3. Solar Near Me
  4. Ohio
  5. Elyria
  6. Elyria Solar
Written By Max Peterson | Last Updated: February 05, 2024

Elyria homeowners enjoy 5,700,000 sunny days annually, making the city a perfect environment for solar power. 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 leading solar installers and give valuable advice for your solar journey.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
Most Reputable
4.4
  • Offers high-efficiency panels and storage options
  • Provides unique in-house financing options
  • Recognized as one of the most reputable solar companies

Top Elyria Solar Companies

Pink Energy Cleveland Logo

Pink Energy Cleveland

4.0/5
Based on 138 customer reviews.

Services Offered

Residential Panels Battery Storage Solar Panel Upgrades Permit Assistance Financing Assistance

Highlights

  • Reliable customer support
  • Clear pricing policy
  • Prompt service delivery
7700 Hub Pkwy Suite #1, Valley View, OH 216-446-7122 gopinkcleveland.com
Paradise Energy Solutions Logo

Paradise Energy Solutions

4.7/5
Based on 18 customer reviews.

Services Offered

Commercial Panels Battery Storage Residential Panels Maintenance Consultation

Highlights

  • Free quotes
  • Reliable customer support
  • Informative resources
525 Belden Cir Ne, Sugarcreek, OH 330-852-4194 paradisesolarenergy.com

Ranking Methodology

Our team focuses on the following criteria to assess the best Elyria solar companies.

Get Your Solar Project Quote Today

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Facts about Elyria
Average Max Temp: 57°F
Solar Payback Period: 13.1 years
Average Daily Sunlight: 56%
Homes Powered by Solar: 282
Average Annual Energy Bill: $1,237
Solar Power per Capita Percentile: 48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy offers multiple benefits. Let's look at a few of them.

  • Reduced carbon footprint: Using solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.
  • Better energy independence: Solar panels can keep your home running through emergencies and blackouts. You can use your solar energy anytime with an optional battery storage system.
  • Lowered energy bills: You can dodge the premium cost of grid-tied power by creating some electricity at home.

What Solar Incentives Are Available to Elyria Homeowners?

Ohio's public agencies and power companies offer a variety of solar incentives to help offset your solar system costs. Here's a breakdown of available solar programs where you live.

Incentive Type: Loan Program

Website: hamiltoncountyohio.gov

Incentive Amount:

$50,000

Incentive Type: PACE Financing

Incentive Amount:

Low-interest, 30-year loan

Incentive Type: Loan Program

Website: tos.ohio.gov

Incentive Amount:

Rate reduction available for up to $50,000 and 7 years of the bank loan

Incentive Type: Solar Renewable Energy Credit Program

Website: puco.ohio.gov

Incentive Amount:

SREC prices vary based on market conditions

Incentive Type: Personal Tax Credit

Website: ecowatch.com

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 comprehensive your provider search is, the better your photovoltaic system will ultimately work. Here are some essential aspects to remember while shopping for a solar installer.

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. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Elyria

Your photovoltaic panels' model will affect how much energy you can produce. Monocrystalline panels cost the most but perform the best. 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.

If you want to charge an electric car or use your solar power in dark weather, you can pay extra for add-ons. By selecting the right components, you can make your panel array more productive and user-friendly. Not all solar providers include these extras, so look for a provider that installs them if it's crucial for you.

If you're a resident of Elyria and want a five-kilowatt solar energy system, you could plan to spend about $17,050 for parts and installation. See more information on specific component and panel costs in the table.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,060
Solar Polycrystalline $827
Thin-Film $483
Solar Battery $678
Solar Home EV Charger $2,543

Financing Solar Energy in Elyria

Solar contractors offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are power purchase agreements (PPAs), solar leases, cash payments and solar loans. Though it requires a large up-front payment, cash is the most affordable choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the second most effective option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) permits you to pay a monthly rate determined by the energy you use, like an electric bill. We typically don’t recommend these two choices because you won't own the panels and cannot use solar incentives. Ask each company you're evaluating about the payment plans it offers. A staff member can help you determine the best 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 on the full cost of the solar system, so long as you purchase it before 2032. Local governments and utilities might also offer their own incentives, financing programs, and rebates 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

Ready to Get a Quote on Your Solar Project?

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Frequently Asked Questions About Solar in Elyria

How much money could I save by going solar in Elyria?

Most Elyria homeowners spend about $1,237 on energy each year. Your costs could drop by $817.46 for each kilowatt you generate after you pay off a solar array.

How popular is solar energy in Elyria?

Yes, solar energy is readily available in Elyria. A growing number of local homes generate or access solar power on-site or through utility grids, and Ohio has about 7282 jobs making up its solar economy.

Should I expect a property value increase after switching to solar energy?

Yes, solar panels will raise your property value. According to the National Renewable Energy Laboratory, for every dollar you reduce on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

What can I do to calculate my home's solar potential?

To determine your home's solar readiness, nothing substitutes 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 local weather and topography, panel efficiency, system size, and tree cover.

How long does the solar installation process last?

There's no universal answer for how long a solar project might take. Ultimately, it depends on the permitting and inspection process, local weather, the necessary prework, system size, and panel style. Many homeowners can be solar-ready within a few months from their initial estimate visit.

What's the average solar system size in Elyria?

The average Elyria solar system size is 7.1 kilowatts (kW). However, your final system size depends on your home's energy needs. Your roof size, surrounding shading, and panel model could also impact your final result. A professional solar company will consider these factors and determine the right system size for your home.

How are traditional solar loans and PPAs different?

The main differences between a power purchase agreement and traditional financing are that you pay a fluctuating monthly rate based on your energy usage and don't own your system. Your service provider installs and maintains the panels, and you pay for the generated electricity for 10–25 years. Afterward, you can continue the contract or buy the system.

You might look into a PPA if you don’t want to be responsible for maintenance and don’t want to invest in a system, but keep in mind you won’t be paying toward ownership or be able to access any cost-saving solar incentives. Many solar experts don’t recommend PPAs. Our guide covers other payment options above.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Sources