Solar Panel Cost Guide in Baughman, OH (2023 Update)
- Baughman Solar Installation Cost: $13,856
- 25-Year Savings: $13,512
- Payback Period: 12.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Baughman
We break down average solar pricing in Baughman.
The national average cost of solar panels is $2.66 per watt, but in Baughman it's 2.56 per watt. To account for the typical energy needs of the average home in Baughman, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs around $13,852, or $19,808 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary depending on a few factors, such as how many panels you need, your energy usage and what solar installer you go with. But, once you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $13,000 over 20 years on utility bills.
You can click the button below to get connected with a top solar installer in Baughman for a quote for your home.
Solar savings over time in Baughman
| Year | Return on Investment |
|---|---|
| 1 years | $-12,636 |
| 3 years | $-10,195 |
| 5 years | $-7,755 |
| 7 years | $-5,314 |
| 9 years | $-2,874 |
| 11 years | $-433 |
| 13 years | $2,007 |
| 15 years | $4,448 |
| 17 years | $6,888 |
| 19 years | $9,328 |
| 21 years | $11,769 |
| 23 years | $14,209 |
| 25 years | $16,650 |
Top Solar Installers in Baughman
Although you can install solar panels on your own, it involves extra energy and expertise. That's why the majority of homeowners choose to hire a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you pick which one will be right for your family.
If you'd like to start using solar energy but still aren't sure which solar installer to go with, here are our recommendations for providers near you:
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 Baughman
Factors that Affect Solar Panel Costs in Baughman
There are a number of criteria that can affect 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
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. There are many different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Baughman provide solar loans, which reduce the initial cost of installing a solar system. When considering 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
The solar company you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies in Baughman, and each can charge varying amounts for labor and equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment 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 | $2.66 | $11,182 | $10,055 | 13.2 years |
| 8 kW | $2.61 | $14,623 | $13,693 | 12.9 years |
| 10 kW | $2.56 | $17,920 | $17,474 | 12.7 years |
| 12 kW | $2.51 | $21,074 | $21,399 | 12.4 years |
| 14 kW | $2.46 | $24,084 | $25,468 | 12.2 years |
| 16 kW | $2.41 | $26,952 | $29,679 | 11.9 years |
| 18 kW | $2.36 | $29,676 | $34,034 | 11.6 years |
| 20 kW | $2.30 | $32,256 | $38,533 | 11.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- 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 likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, completion timeline incentives and warranties.
- 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 system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Baughman, OH Solar Cost FAQs
What is the average cost of installing solar panels in Baughman?
The average cost of solar panels in Baughman is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on certain factors 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 apart from cost when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind 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 Baughman?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.