Solar Panel Cost Guide in Baughman, OH (2024 Update)
- Baughman Solar Installation Cost: $18,456
- 25-Year Savings: $13,512
- Payback Period: 16.9 Years
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Average Cost of Solar Panels in Baughman
Find out what the average cost of solar panels are in Baughman.
In Baughman, solar panels cost about 3 per watt on average.The average solar panel system size in Baughman is around 7.7 kilowatts, meaning a cost of about $18,456 for a solar installation, or $26,392 before the 0 federal solar tax credit is applied.
These figures are just estimates, and your own solar costs will differ based on your energy needs and what company you choose to go with.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Baughman see about $13,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Baughman
| Year | Return on Investment |
|---|---|
| 1 years | $-17,236 |
| 3 years | $-14,796 |
| 5 years | $-12,355 |
| 7 years | $-9,915 |
| 9 years | $-7,474 |
| 11 years | $-5,034 |
| 13 years | $-2,593 |
| 15 years | $-153 |
| 17 years | $2,287 |
| 19 years | $4,728 |
| 21 years | $7,168 |
| 23 years | $9,609 |
| 25 years | $12,049 |
Top Solar Installers in Baughman
When switching to solar energy, many homeowners decide to hire a solar installer since DIY solar panel installation can be a challenging project. A solar installer can also help save you money in the long run by providing warranties, repairs and system component replacements.
There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Baughman
Factors that Affect Solar Panel Costs in Baughman
While the average cost of a solar system in Baughman is $18,456, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
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 consumes, the larger your system will likely need to be. You can expect to pay about $3,410 per kilowatt in Baughman.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Baughman to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to higher prices over time because of interest.However, the interest on solar loans also increases your overall costs, so it’s crucial to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Baughman, and each can charge different amounts for labor and equipment.The size of the company can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $6,342 | 17.5 years |
| 8 kW | $3.48 | $19,478 | $8,838 | 17.2 years |
| 10 kW | $3.41 | $23,870 | $11,524 | 16.9 years |
| 12 kW | $3.34 | $28,071 | $14,402 | 16.5 years |
| 14 kW | $3.27 | $32,081 | $17,471 | 16.2 years |
| 16 kW | $3.21 | $35,900 | $20,731 | 15.8 years |
| 18 kW | $3.14 | $39,529 | $24,181 | 15.5 years |
| 20 kW | $3.07 | $42,966 | $27,823 | 15.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: If you’re worried about the endurance of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: The model of solar panel you want to install plays a role in which company you should opt for, since different companies offer different panels.
- Contract: Before signing a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 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 $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff 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 in addition to 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 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 it worth going solar in Baughman?
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, the lifespan of solar panels is 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 larger level 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.