Solar Panel Cost Guide in Athens, OH (Aug 2022)

  • Athens Solar Installation Cost: $14,208
  • 25-Year Savings: $29,976
  • Payback Period: 8.0 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in Athens

We go over average solar pricing in Athens.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Athens, the typical cost of solar panels is $3 per watt. Using this figure, a typical 7.5 would cost about $14,208 before the federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Athens homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find adopting solar power is a sound investment. The average homeowner in Athens can save around $22,000 on their power bills over 20 years.

For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Athens

Year Return on Investment
1 years $-12,441
3 years $-8,906
5 years $-5,371
7 years $-1,836
9 years $1,698
11 years $5,233
13 years $8,768
15 years $12,302
17 years $15,837
19 years $19,372
21 years $22,907
23 years $26,441
25 years $29,976

Top Solar Installers in Athens

When going solar, many homeowners prefer to hire a solar installer since DIY solar panel installation can be a challenging project. A solar company can also help save you money over time by providing warranties, repairs and component replacements.

Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:

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 Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
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 Athens

Factors that Affect Solar Panel Costs in Athens

For many Athens homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Athens, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

The size of the solar energy system you need to offset your energy usage is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,560. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Athens, 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

Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Athens homeowners opt to finance their solar panel systems to make paying for solar more affordable. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.

Solar Panel Installation Company

The final significant cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Athens, you'll have many options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Athens are more knowledgeable 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 end up saving you 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 $2.66 $11,821 $23,519 8.4 years
8 kW $2.61 $15,458 $31,662 8.2 years
10 kW $2.56 $18,944 $39,956 8.0 years
12 kW $2.51 $22,278 $48,402 7.9 years
14 kW $2.46 $25,461 $57,000 7.7 years
16 kW $2.41 $28,492 $65,749 7.6 years
18 kW $2.36 $31,371 $74,650 7.4 years
20 kW $2.30 $34,099 $83,702 7.2 years

Solar Incentives in Athens

Name Energy Conservation for Ohioans (ECO-Link) Program
Website Visit here
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Local Option - Special Energy Improvement Districts
More Info Click here

Name Solar Renewable Energy Certificates Program (SRECs)
Incentive Amount SREC prices vary based on market conditions
Website Visit here
More Info Click here

How to Save on Solar Panels

There are numerous companies to choose from in Athens, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • 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 panels are installed, such as updating or replacing your electrical system or roof.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
  • Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.

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 Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

The Green Panel

★★★★★
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 Athens, OH Solar Cost FAQs

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

This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Can you get solar panels for free in Athens?

A solar panel system isn't free in Athens, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Do solar panels increase your property value?

Solar panels can increase your home value considerably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."

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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.

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