Solar Panel Cost Guide in Columbus, MI (Feb 2023)
- Columbus Solar Installation Cost: $11,704
- 25-Year Savings: $13,416
- Payback Period: 11.7 Years
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Top Solar Installers in Columbus
Although you can install solar panels on your own, it involves extra energy and knowledge. That's one of the reasons the majority of homeowners choose a solar panel installer. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
If you're on the hunt for a solar company in Columbus, we've compiled a list of our top suggestions here:
See all of the solar companies in Columbus
Factors that Affect Solar Panel Costs in Columbus
For many Columbus homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Columbus, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,810. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Columbus homeowners decide to finance their solar panel systems to offset upfront costs. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Columbus, and each can charge varying amounts for labor and equipment. The company's size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.92||$12,274||$13,040||12.1 years|
|8 kW||$2.87||$16,051||$17,702||11.9 years|
|10 kW||$2.81||$19,670||$22,520||11.7 years|
|12 kW||$2.75||$23,132||$27,496||11.4 years|
|14 kW||$2.70||$26,436||$32,630||11.2 years|
|16 kW||$2.64||$29,584||$37,921||11.0 years|
|18 kW||$2.59||$32,574||$43,369||10.7 years|
|20 kW||$2.53||$35,406||$48,975||10.5 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Different companies carry various brands and models of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
EcoWatch's Columbus, MI Solar Cost FAQs
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.