Solar Panel Cost Guide in Dayton, NJ (Oct 2022)

  • Dayton Solar Installation Cost: $9,075
  • 25-Year Savings: $8,776
  • Payback Period: 12.7 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Dayton

Here's how much it might cost to go solar in Dayton.

The national average cost of solar panels is $2.66 per watt, but in Dayton it's $3 per watt. To cover the typical energy usage of the average home in Dayton, most homeowners require a 4.7-kilowatt system. Using the figure above, a solar installation costs about $9,075, or $6,716 after the federal solar tax credit of 30% is applied.

The true cost of your system can go above or below the average in Dayton based on several factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Dayton can save around $14,000 on their electricity bills over 20 years.

Click the button below to get connected to a vetted solar installer in Dayton for a personalized quote.

Solar savings over time in Dayton

Year Return on Investment
1 years $-8,360
3 years $-6,932
5 years $-5,504
7 years $-4,076
9 years $-2,648
11 years $-1,220
13 years $208
15 years $1,636
17 years $3,064
19 years $4,492
21 years $5,920
23 years $7,348
25 years $8,776

Top Solar Installers in Dayton

When switching to solar energy, many homeowners choose to hire a solar company since DIY solar panel installation can be a challenging project. Plus, if you aren't sure what kind of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.

You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Dayton:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Dayton

Factors that Affect Solar Panel Costs in Dayton

The cost of installing a solar system in Dayton can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

System size is one of the largest factors that affects the overall cost of installing solar panels. That's why it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Dayton average.

Solar Financing Terms

Many homeowners find the average cost of solar in Dayton to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to paying more over time due to interest. However, the interest on solar loans also adds to your overall costs, so it's crucial to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.

Solar Panel Installation Company

The solar company you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.88 $12,099 $10,786 13.2 years
8 kW $2.83 $15,822 $14,691 13.0 years
10 kW $2.77 $19,390 $18,752 12.7 years
12 kW $2.71 $22,803 $22,968 12.5 years
14 kW $2.66 $26,060 $27,338 12.2 years
16 kW $2.60 $29,163 $31,864 11.9 years
18 kW $2.55 $32,110 $36,546 11.7 years
20 kW $2.49 $34,902 $41,382 11.4 years

How to Save on Solar Panels

The solar company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:

  • Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
  • Installation Process: Make sure you're aligned with the installer in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
  • Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
  • Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Dayton, NJ Solar Cost FAQs

What is the average cost of installing solar panels in Dayton?

The average cost of solar panels in Dayton is about $13,850 for a 5-kW system and $27,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important consideration when buying solar panels?

Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Do solar panels increase your property value?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Dayton is currently $405,300, which means you can expect about a value of about $16,617 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Dayton is a rewarding investment.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.

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.

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