Solar Panel Cost Guide in Aurora, OH (2024 Update)
- Aurora Solar Installation Cost: $18,596
- 25-Year Savings: $12,948
- Payback Period: 17.3 Years
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Average Cost of Solar Panels in Aurora
Let’s have a look at the average cost of solar panels in Aurora.
The average cost of a solar system in Aurora is 3 per watt.Since a 7.8-kW system is needed to cover the energy costs of a typical home in Aurora, the average price of going solar will be about $18,596 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary depending on multiple factors, such as what size system you need, your energy consumption and what company you go with.Even with the high upfront cost, the average Aurora homeowner can save around $13,000 on their energy bills over 20 years, which is one of the advantages of solar.
To get a free quote from a pre-vetted solar installer in Aurora, you can click the button below.
Solar savings over time in Aurora
| Year | Return on Investment |
|---|---|
| 1 years | $-17,342 |
| 3 years | $-14,834 |
| 5 years | $-12,327 |
| 7 years | $-9,819 |
| 9 years | $-7,312 |
| 11 years | $-4,804 |
| 13 years | $-2,296 |
| 15 years | $211 |
| 17 years | $2,719 |
| 19 years | $5,226 |
| 21 years | $7,734 |
| 23 years | $10,242 |
| 25 years | $12,749 |
Top Solar Installers in Aurora
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with an installer can make swapping over to solar power much easier. Another advantage of going with a solar company is that they can help you make the most of your ROI by cutting back on future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some nearby:
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 Aurora
Factors that Affect Solar Panel Costs in Aurora
Even though the average cost of a solar system in Aurora is $18,596, your actual cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
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 consumes, the larger your system will likely need to be. You can expect to spend about $3,410 per kilowatt in Aurora.The brand and type of equipment you want for your solar system can increase or decrease 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Aurora to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the growing popularity of green energy solutions in Aurora, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Aurora know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $5,829 | 18.0 years |
| 8 kW | $3.48 | $19,478 | $8,154 | 17.6 years |
| 10 kW | $3.41 | $23,870 | $10,670 | 17.3 years |
| 12 kW | $3.34 | $28,071 | $13,377 | 16.9 years |
| 14 kW | $3.27 | $32,081 | $16,275 | 16.6 years |
| 16 kW | $3.21 | $35,900 | $19,364 | 16.2 years |
| 18 kW | $3.14 | $39,529 | $22,644 | 15.9 years |
| 20 kW | $3.07 | $42,966 | $26,114 | 15.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: The brand of solar panel you’d like to get plays a part in which company you should choose, since different companies offer different panels.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Your solar installer should have a sound 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.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
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 Aurora, OH Solar Cost FAQs
What is the average cost of installing solar panels in Aurora?
The average cost of solar panels in Aurora is about $17,050 for a 5-kW system and $34,100 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 consume.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $690.80 per year.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having 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.