Solar Panel Cost Guide in Barnesville, OH (2023 Update)
- Barnesville Solar Installation Cost: $13,852
- 25-Year Savings: $18,922
- Payback Period: 10.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Barnesville
Find out what the average cost of installing solar panels is in Barnesville.
The average cost of solar panels in Barnesville is 2.56 per watt. The average solar panel system size in Barnesville is around 7.7 kilowatts, meaning a cost of about $13,852 for a solar installation, or $19,808 before the 30% federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will differ based on factors unique to your home and what company you want to go with. With typical savings of about $16,000 on energy bills over 20 years, many homeowners in Barnesville find investing in solar can pay off big.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Barnesville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,541 |
| 3 years | $-9,919 |
| 5 years | $-7,297 |
| 7 years | $-4,676 |
| 9 years | $-2,054 |
| 11 years | $568 |
| 13 years | $3,190 |
| 15 years | $5,812 |
| 17 years | $8,434 |
| 19 years | $11,056 |
| 21 years | $13,678 |
| 23 years | $16,300 |
| 25 years | $18,922 |
Top Solar Installers in Barnesville
Although it's possible to install solar panels by yourself, it requires extra effort and know-how. For that reason, the majority of homeowners choose to go with a solar panel installer. Plus, if you're unsure what type of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you'd like to switch to solar energy but still aren't sure which solar panel company to go with, here are our recommendations for providers in Barnesville:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Barnesville
Factors that Affect Solar Panel Costs in Barnesville
Although the average cost of a solar system in Barnesville is $13,852, your actual cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,560. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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 power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Barnesville average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Barnesville, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Barnesville is the company you choose to install your solar system. As with choosing a company to build a deck or pool, for example, you'll have no shortage of solar installers that provide a range of services for different budgets. Additionally, some companies in Barnesville have more knowledge about local solar incentives and can help you make good use of 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 | $11,182 | $14,254 | 11.0 years |
| 8 kW | $2.61 | $14,623 | $19,293 | 10.8 years |
| 10 kW | $2.56 | $17,920 | $24,474 | 10.6 years |
| 12 kW | $2.51 | $21,074 | $29,799 | 10.4 years |
| 14 kW | $2.46 | $24,084 | $35,267 | 10.1 years |
| 16 kW | $2.41 | $26,952 | $40,879 | 9.9 years |
| 18 kW | $2.36 | $29,676 | $46,634 | 9.7 years |
| 20 kW | $2.30 | $32,256 | $52,532 | 9.5 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 challenging, so here are some tips to help you decide:
- Installation Process: Make sure you're on the same page with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though 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.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 exactly, because the cost depends on many factors. Broadly 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Barnesville have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.