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 Parma, 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. Parma
  6. Parma Solar
Written By Max Peterson | Last Updated: February 05, 2024

Parma homeowners are increasingly using solar panels to produce their electricity and heat their water. While embracing solar power comes with upfront costs, local homeowners could ultimately save $790 per kilowatt on their electric bills. A professional technician can help you select the best panels to maximize your savings. In this article, we'll show you Parma's best solar companies and offer advice for your company choice, so you can find the right one for your residence.

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 Parma Solar Companies

Pink Energy Cleveland Logo

Pink Energy Cleveland

4.0/5
Based on 138 customer reviews.

Services Offered

Permit Assistance Battery Storage Financing Assistance Residential Panels Solar Panel Upgrades

Highlights

  • Clear pricing policy
  • Prompt service delivery
  • Informative resources
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

Consultation Residential Panels Commercial Panels Battery Storage Maintenance

Highlights

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

Ranking Methodology

We evaluated dozens of Parma solar installers, using the following criteria to choose the finest:

Get Your Solar Project Quote Today

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Facts about Parma
Average Max Temp: 57°F
Solar Payback Period: 13.1 years
Average Daily Sunlight: 50%
Homes Powered by Solar: 405
Average Annual Energy Bill: $1,254
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 comes with multiple advantages. Here are some highlights.

  • Better energy independence: Solar panels can keep your home functioning through blackouts and emergencies. You can use your solar energy anytime with optional battery storage.
  • Reduced carbon footprint: Utilizing solar is a surefire way to decrease your carbon footprint and home fossil fuel dependency.
  • Lowered energy bills: You can skip the premium cost of grid-tied power by generating some electricity right where you use it.

What Solar Incentives Are Available to Parma Homeowners?

Ohio homeowners who decide on solar could qualify for tax credits, reimbursements, rebates and special financing. Here are just a few of the region's incentive programs.

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 Parma

The cost and effectiveness of solar panels often rely on the provider that installed them. Here are some important factors to keep in mind 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 residential work, cities can establish their own licensing or regulatory requirements. You should also visit a company's website to learn about its private accreditations. Two of the most recognized are the Solar Heating Installer and PV Installation Professional certificates, awarded by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in Parma

The type of solar panels you purchase determines how much electricity you can generate. Monocrystalline panels give you the best performance but cost more upfront. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't meant for large home installations, but they're excellent for small projects like sheds and RVs.

You can also add electric car (EV) chargers and battery backup systems. These will increase your total project price, but they can improve your solar system's performance. Not all solar companies provide these additional features, so look for a company that installs them if it's a priority for you.

A majority of Parma homeowners select solar systems designed for five kilowatts (kW) of electrical capacity. These systems cost about $17,050 to set up, considering both parts and installation. You can find more specific cost information in the table.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,098
Solar Polycrystalline $857
Thin-Film $501
Solar Battery $703
Solar Home EV Charger $2,636

Financing Solar Energy in Parma

Solar providers use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are solar leases, solar loans, cash payments and power purchase agreements (PPAs). Though it requires a large up-front payment, cash is the most affordable choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the second most effective option. As with a car or home loan, 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) lets you 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 provider you're vetting about the financing options it offers. A consultant can help you determine the most suitable option for your pocketbook.

The table below lists the average payback periods for different capacities of solar systems in Parma.

You are eligible for a 26% federal tax credit for new solar energy equipment until the year 2032. Municipal and state governments and utility companies might also offer rebates, discounts, and specialized financing options that could save you more.

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 Parma

How much energy and money could I save per year by switching to solar?

On average, Parma homeowners shell out roughly $1,254 per year for energy. Once you repay your solar array, you could reduce your costs by $790.40 for every kilowatt you produce.

How prevalent is solar energy in Parma?

Yes, solar energy is spreading quickly in Parma. Some homes already benefit from solar power on-site or through utility grids, and they're backed by a state solar economy with 7282 workers and counting.

Will a solar PV system boost my Parma home value?

Yes, new solar systems lead 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.

Could I still use solar power if I live in a dark, rainy, or wooded area?

Even if you live in one of Parma's few dark areas, you could still take advantage of solar energy. Your contractor will enhance your system's performance by selecting the proper site for panels, cleaning them regularly, installing a battery backup system, and positioning them to capture the most sunlight throughout the year. This way, you can keep solar energy longer and use it as necessary.

How can I determine my home's solar suitability?

One common way to determine your home's solar viability is by using PVWatts. This free, powerful tool considers local weather and topography, panel efficiency, system size, and tree cover to determine how much power your array could generate. However, it's not a substitute for consulting with a local solar installation company, who can create a full estimate with the most updated data.

What's a Parma solar panel's average lifespan?

Modern solar installations are designed for durability. The average unit provides 25 years of reliable power. Budget panels tend to last shorter than higher-quality models.

How can I enhance my solar array's performance?

To enhance your solar system's performance, you can try the following strategies:
  • 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

What are the signs I shouldn't use a particular solar company for my job?

Even the most highly-regarded Parma solar providers will have both supportive and unfavorable reviews. To make the most informed choice possible, focus on these warning signs to know if a company isn't worth your attention:
  • Pushy sales approach
  • Not being straightforward about references, cost, warranties and training and credentials
  • Inflexible options
  • Superficial, rushed site evaluation
  • More mixed or negative reviews than positive ones

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

Sources