Solar Panel Cost Guide in Auburn, OH (Oct 2022)

  • Auburn Solar Installation Cost: $13,942
  • 25-Year Savings: $12,967
  • Payback Period: 13.0 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 Auburn

Let's take a look at the average cost of solar in Auburn.

The national average cost of solar panels is $2.66 per watt, but in Auburn it's $3 per watt. The average Auburn homeowner needs a 7.8-kilowatt system, which would cost about $13,942, or $10,317 after the federal solar tax credit of 30% is applied.

How much you pay can go higher or lower than the average in Auburn depending on several factors, such as the type of solar panels you choose and the solar installer you hire. With typical savings of about $13,000 on energy bills over 20 years, many homeowners in Auburn find going solar can pay off big.

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

Solar savings over time in Auburn

Year Return on Investment
1 years $-12,865
3 years $-10,713
5 years $-8,560
7 years $-6,407
9 years $-4,255
11 years $-2,102
13 years $51
15 years $2,203
17 years $4,356
19 years $6,509
21 years $8,662
23 years $10,814
25 years $12,967

Top Solar Installers in Auburn

Although you can install solar panels yourself, it requires extra effort and knowledge. For that reason, most people choose to hire a solar panel installer. Plus, if you'd like to maximize your investment in solar energy, going with a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.

You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Auburn:

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 Auburn

Factors that Affect Solar Panel Costs in Auburn

Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Auburn: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.

Solar Equipment Size

One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $2,560 per kilowatt in Auburn. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Auburn homeowners decide to finance their solar panel systems to make going solar more affordable. Even though solar loans make going solar more accessible for Auburn 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 make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

Lastly, the company you choose to install your solar system can play a part in determining your pricing. Auburn's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that offers the products, warranties and services you're looking for and also is within your budget.

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 $11,182 $9,570 13.5 years
8 kW $2.61 $14,623 $13,046 13.2 years
10 kW $2.56 $17,920 $16,666 13.0 years
12 kW $2.51 $21,074 $20,430 12.7 years
14 kW $2.46 $24,084 $24,337 12.4 years
16 kW $2.41 $26,952 $28,387 12.2 years
18 kW $2.36 $29,676 $32,580 11.9 years
20 kW $2.30 $32,256 $36,917 11.7 years

Solar Incentives in Auburn

Name Hamilton County - Home Improvement Program
Incentive Amount $50,000
Website Visit here
More Info Click here

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

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

Name Solar Renewable Energy Certificates Program (SRECs)
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Warranty: If you're concerned about the endurance of your solar system, checking your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Solar Panel Brands: The brand of solar panel you need to get plays a part in which company you should choose, since different companies provide different panels.
  • Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
  • Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.

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 Auburn, OH Solar Cost FAQs

How much does it cost to install solar panels in Auburn?

The average cost of solar panels in Auburn is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Auburn?

You can't get solar panels for free in Auburn. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

How will having solar panels impact the value of my home?

Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't choose 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 many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.

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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