Solar Panel Cost Guide in Amelia, OH (2024 Update)
- Amelia Solar Installation Cost: $17,585
- 25-Year Savings: $10,987
- Payback Period: 18.2 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Amelia
We go over average solar pricing in Amelia.
The average cost of a solar panel system in Amelia is 3 per watt.The average solar panel system size in Amelia is around 7.4 kilowatts, meaning a cost of about $17,585 for a solar installation, or $25,147 before the 0 federal solar tax credit is applied.
These figures are only estimates, and how much solar costs for you will differ based on factors unique to your home and what company you choose to go with.But, once you've paid the upfront cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $12,000 over 20 years on power bills.
To receive a free estimate from a pre-vetted solar company in Amelia, you can click the button below.
Solar savings over time in Amelia
Year | Return on Investment |
---|---|
1 years | $-16,420 |
3 years | $-14,090 |
5 years | $-11,760 |
7 years | $-9,430 |
9 years | $-7,100 |
11 years | $-4,770 |
13 years | $-2,440 |
15 years | $-110 |
17 years | $2,220 |
19 years | $4,550 |
21 years | $6,880 |
23 years | $9,210 |
25 years | $11,540 |
Top Solar Installers in Amelia
Although you can install solar panels yourself, it requires extra time and handiness. That's why most people choose a solar panel installer. Local solar installers can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
If you're searching for a solar company in Amelia, the EcoWatch team has compiled a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Amelia
Factors that Affect Solar Panel Costs in Amelia
For many Amelia homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Amelia, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,410.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Amelia, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular route because they cut back your upfront costs and let you pay for your system over five to seven years on average.It’s wise to include 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 the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Amelia is the company you choose to install your solar system. Similar to choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that offer a range of services for different budgets.Additionally, some companies in Amelia have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.55 | $14,895 | $4,805 | 18.9 years |
8 kW | $3.48 | $19,478 | $6,789 | 18.5 years |
10 kW | $3.41 | $23,870 | $8,964 | 18.2 years |
12 kW | $3.34 | $28,071 | $11,329 | 17.8 years |
14 kW | $3.27 | $32,081 | $13,886 | 17.4 years |
16 kW | $3.21 | $35,900 | $16,633 | 17.1 years |
18 kW | $3.14 | $39,529 | $19,572 | 16.7 years |
20 kW | $3.07 | $42,966 | $22,701 | 16.4 years |
How to Save on Solar Panels
The solar panel company you go with will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Contract: Before signing a contract with a solar company, make sure you read it through fully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: When making the switch to solar energy, it’s essential to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the project completion timeline.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Amelia, OH Solar Cost FAQs
What is the average cost of installing solar panels in Amelia?
The average cost of solar panels in Amelia is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Amelia?
You can’t get solar panels for free in Amelia. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Amelia?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.