Solar Panel Cost Guide in Barnesville, OH (2024 Update)
- Barnesville Solar Installation Cost: $18,453
- 25-Year Savings: $18,920
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Barnesville
Let’s take a look at the average cost of solar in Barnesville.
The national average cost of solar panels is $2.66 per watt, but in Barnesville it’s 3 per watt.The average solar panel system size in Barnesville is around 7.7 kilowatts, meaning a cost of about $18,453 for a solar installation, or $26,388 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Barnesville homeowner. 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.For many homeowners, the upfront cost of solar panels is worth paying. On average Barnesville homeowners see about $16,000 in savings on electricity 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 Barnesville
| Year | Return on Investment |
|---|---|
| 1 years | $-17,121 |
| 3 years | $-14,457 |
| 5 years | $-11,793 |
| 7 years | $-9,129 |
| 9 years | $-6,465 |
| 11 years | $-3,801 |
| 13 years | $-1,137 |
| 15 years | $1,527 |
| 17 years | $4,191 |
| 19 years | $6,855 |
| 21 years | $9,519 |
| 23 years | $12,183 |
| 25 years | $14,847 |
Top Solar Installers in Barnesville
When making the switch to solar, many homeowners choose to use a solar installer since DIY solar panel installation can be a time-consuming project. The expertise that solar companies offer can be invaluable as well, particularly if you don’t quite know what brand of solar equipment you need.
If you’d like to start using solar energy but still aren’t sure which solar panel company to go with, here are our recommendations for providers near you:
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 Barnesville
Factors that Affect Solar Panel Costs in Barnesville
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average in Barnesville: 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
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,410 per kilowatt in Barnesville.The type 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 in the long run on your energy bills. Additionally, add-on products, like solar batteries, can bring your total well above the Barnesville average.
Solar Financing Terms
Many homeowners find the average cost of solar in Barnesville to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.However, the interest on solar loans also adds to your all-in costs, so it’s vital to keep that in mind as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Barnesville is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for example, you’ll have many options for solar installers that provide a range of services for different budgets.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $10,542 | 14.6 years |
| 8 kW | $3.48 | $19,478 | $14,437 | 14.4 years |
| 10 kW | $3.41 | $23,870 | $18,524 | 14.1 years |
| 12 kW | $3.34 | $28,071 | $22,802 | 13.8 years |
| 14 kW | $3.27 | $32,081 | $27,270 | 13.5 years |
| 16 kW | $3.21 | $35,900 | $31,930 | 13.2 years |
| 18 kW | $3.14 | $39,529 | $36,781 | 13.0 years |
| 20 kW | $3.07 | $42,966 | $41,822 | 12.7 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Barnesville, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of 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 satisfied reviews from past customers.
- Solar Panel Brands: Different companies will offer different brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
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 Barnesville, OH Solar Cost FAQs
How much does it cost to install solar panels in Barnesville?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Barnesville?
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 their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use 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.