Solar Panel Cost Guide in Ogden, NC (Mar 2023)
- Ogden Solar Installation Cost: $11,326
- 25-Year Savings: $18,619
- Payback Period: 9.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Ogden
Find out how much it might cost to install solar panels in Ogden.
While the national average of solar panels is $2.66 per watt, solar panels in Ogden generally cost about 2.54. The average Ogden homeowner needs a 6.4-kilowatt system, which would cost about $11,326 with the federal tax credit, or $16,196 before the 30% tax credit is applied.
These figures are just averages, and how much solar costs for you will most likely look different based on your energy needs and what company you go with. With average savings of about $18,000 on electricity bills over 20 years, many homeowners in Ogden find investing in solar can pay off big.
Click the button below to get connected to a highly rated solar panel company in your area for a personalized estimate.
Solar savings over time in Ogden
| Year | Return on Investment |
|---|---|
| 1 years | $-10,128 |
| 3 years | $-7,733 |
| 5 years | $-5,337 |
| 7 years | $-2,941 |
| 9 years | $-546 |
| 11 years | $1,850 |
| 13 years | $4,245 |
| 15 years | $6,641 |
| 17 years | $9,036 |
| 19 years | $11,432 |
| 21 years | $13,828 |
| 23 years | $16,223 |
| 25 years | $18,619 |
Top Solar Installers in Ogden
When making the switch to solar, many homeowners decide to hire a solar installation company since installing a solar system yourself can be a difficult project. A solar company can also help save you money in the long run by offering warranties, repairs and part replacements.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some in Ogden:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Ogden
Factors that Affect Solar Panel Costs in Ogden
The cost of installing a solar system in Ogden can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,540 per kilowatt in Ogden. There are several different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Ogden to be too costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in higher prices over time due to interest. Although solar loans make going solar more accessible for Ogden homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can play a part in determining your pricing. Ogden's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.64 | $11,095 | $17,103 | 9.8 years |
| 8 kW | $2.59 | $14,508 | $23,088 | 9.6 years |
| 10 kW | $2.54 | $17,780 | $29,215 | 9.5 years |
| 12 kW | $2.49 | $20,909 | $35,485 | 9.3 years |
| 14 kW | $2.44 | $23,896 | $41,897 | 9.1 years |
| 16 kW | $2.39 | $26,741 | $48,452 | 8.9 years |
| 18 kW | $2.34 | $29,444 | $55,148 | 8.7 years |
| 20 kW | $2.29 | $32,004 | $61,987 | 8.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose considerably influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Different companies have various brands and types of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Ogden, NC Solar Cost FAQs
How much does it cost to install solar panels in Ogden?
The average cost of solar panels in Ogden is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the actual cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $939.91 per year.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.