Solar Panel Cost Guide in Bath, OH (2024 Update)
- Bath Solar Installation Cost: $17,757
- 25-Year Savings: $11,734
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in Bath
Let’s have a look at the average cost of solar in Bath.
Although the national average of solar panels is $2.66 per watt, solar panels in Bath generally cost around 3.The average solar panel system size in Bath is around 7.4 kilowatts, meaning a cost of about $17,757 for a solar installation, or $25,393 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of making the switch to solar can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what installation company you go with.But, after you've paid the upfront cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $13,000 over 20 years on utility bills.
To get a free estimate from a pre-vetted solar installation company in Bath, you can click the button below.
Solar savings over time in Bath
| Year | Return on Investment |
|---|---|
| 1 years | $-16,739 |
| 3 years | $-14,702 |
| 5 years | $-12,665 |
| 7 years | $-10,629 |
| 9 years | $-8,592 |
| 11 years | $-6,556 |
| 13 years | $-4,519 |
| 15 years | $-2,482 |
| 17 years | $-446 |
| 19 years | $1,591 |
| 21 years | $3,627 |
| 23 years | $5,664 |
| 25 years | $7,700 |
Top Solar Installers in Bath
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with a solar panel installer can make swapping over to solar power much easier. Companies can also provide access to quality options of the best solar panels and help you pick which one will be right for your home.
If you're looking for a solar installer in Bath, we've compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Bath
Factors that Affect Solar Panel Costs in Bath
There are many criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,410.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bump up your total well above the Bath average.
Solar Financing Terms
Many homeowners find the average cost of solar in Bath to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time because of interest.However, the interest on solar loans also increases your all-in costs, so it’s important to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you choose will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Bath know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, 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 | $3.55 | $14,895 | $5,321 | 18.4 years |
| 8 kW | $3.48 | $19,478 | $7,477 | 18.1 years |
| 10 kW | $3.41 | $23,870 | $9,823 | 17.7 years |
| 12 kW | $3.34 | $28,071 | $12,361 | 17.4 years |
| 14 kW | $3.27 | $32,081 | $15,089 | 17.0 years |
| 16 kW | $3.21 | $35,900 | $18,009 | 16.6 years |
| 18 kW | $3.14 | $39,529 | $21,119 | 16.3 years |
| 20 kW | $3.07 | $42,966 | $24,421 | 15.9 years |
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 find the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can research your installer’s reputation is by reading reviews.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Bath, OH Solar Cost FAQs
How much does it cost to install solar panels in Bath?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Bath?
You can’t get solar panels for free in Bath. 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 rather own your solar panels, you can finance them with a solar loan.
Can solar panels significantly reduce my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Bath, that will require at least a 10-kW system. Not all homes will have the roof space for 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 needs 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 home 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.