Solar Panel Cost Guide in Bath, OH (Mar 2023)
- Bath Solar Installation Cost: $13,332
- 25-Year Savings: $11,732
- Payback Period: 13.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Bath
Let's have a look at the average cost of solar panels in Bath.
Although the national average of solar panels is $2.66 per watt, solar panels in Bath generally cost around 2.56. Because a 7.4-kW system is needed to cover the energy usage of a typical home in Bath, the average price of going solar will be about $13,332 after claiming the federal solar tax credit of 30%.
The true price you pay can be above or below the average in Bath based on a few factors, such as the model of solar panels you choose and the solar installer you hire. Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Bath can save around $13,000 on their power bills over 20 years.
Click the button below to get connected to a reputable solar company in Bath for a custom estimate.
Solar savings over time in Bath
| Year | Return on Investment |
|---|---|
| 1 years | $-12,330 |
| 3 years | $-10,325 |
| 5 years | $-8,320 |
| 7 years | $-6,314 |
| 9 years | $-4,309 |
| 11 years | $-2,304 |
| 13 years | $-299 |
| 15 years | $1,706 |
| 17 years | $3,711 |
| 19 years | $5,717 |
| 21 years | $7,722 |
| 23 years | $9,727 |
| 25 years | $11,732 |
Top Solar Installers in Bath
Putting up solar panels by yourself can be a dangerous undertaking, which is why hiring a solar installer is a good option for many homeowners. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy use, but going with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you'd like to go solar but still aren't sure which solar panel installer to go with, here are our suggestions for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Bath
Factors that Affect Solar Panel Costs in Bath
Although the average cost of a solar system in Bath is $13,332, your actual cost may differ. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Bath, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past power bills. Your total cost can increase by around $2,560 for each additional kilowatt you need. The model of solar panels and equipment you want is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
Most solar companies in Bath have solar loans, which reduce your upfront costs of installing solar. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Bath, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Some companies 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 decide on the company that provides the products, warranties and services you're looking for and also fit into 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 | $9,034 | 13.8 years |
| 8 kW | $2.61 | $14,623 | $12,332 | 13.6 years |
| 10 kW | $2.56 | $17,920 | $15,773 | 13.3 years |
| 12 kW | $2.51 | $21,074 | $19,358 | 13.0 years |
| 14 kW | $2.46 | $24,084 | $23,086 | 12.8 years |
| 16 kW | $2.41 | $26,952 | $26,958 | 12.5 years |
| 18 kW | $2.36 | $29,676 | $30,972 | 12.2 years |
| 20 kW | $2.30 | $32,256 | $35,131 | 12.0 years |
How to Save on Solar Panels
There are many companies to choose from in Bath, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Solar Panel Brands: The kind of solar panel you'd like to install plays a part in which installer you should choose, since different companies have different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- 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 Bath, OH Solar Cost FAQs
What is the average cost of installing solar panels in Bath?
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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Bath?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Can solar panels significantly reduce my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Bath, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house 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.