Solar Panel Cost Guide in Bethel, OH (2023 Update)
- Bethel Solar Installation Cost: $13,350
- 25-Year Savings: $12,569
- Payback Period: 12.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Bethel
Find out what the average cost of solar panel installation is in Bethel.
The national average cost of solar panels is $2.66 per watt, but in Bethel it's 2.56 per watt. Using this figure, a typical 7.5-kW system would cost about $13,350 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Bethel homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. With typical savings of about $13,000 on power bills over 20 years, many homeowners in Bethel find investing in solar has a decent ROI.
Click the button below to get connected to a top solar installer in Bethel for a customized quote.
Solar savings over time in Bethel
| Year | Return on Investment |
|---|---|
| 1 years | $-12,314 |
| 3 years | $-10,240 |
| 5 years | $-8,167 |
| 7 years | $-6,093 |
| 9 years | $-4,020 |
| 11 years | $-1,946 |
| 13 years | $127 |
| 15 years | $2,201 |
| 17 years | $4,275 |
| 19 years | $6,348 |
| 21 years | $8,422 |
| 23 years | $10,495 |
| 25 years | $12,569 |
Top Solar Installers in Bethel
Although it's possible to install solar panels by yourself, it requires extra energy and know-how. Because of that, most people choose to go with a solar panel installer. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for you.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Bethel
Factors that Affect Solar Panel Costs in Bethel
There are several criteria that can determine your solar panel 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. For that reason, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Bethel, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Bethel is the company you choose to install your solar system. As with choosing a company to install new cabinets, for example, you'll have many options for solar installers that provide a range of services for different budgets. You may come across 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 | $9,696 | 13.4 years |
| 8 kW | $2.61 | $14,623 | $13,214 | 13.1 years |
| 10 kW | $2.56 | $17,920 | $16,876 | 12.9 years |
| 12 kW | $2.51 | $21,074 | $20,681 | 12.6 years |
| 14 kW | $2.46 | $24,084 | $24,630 | 12.4 years |
| 16 kW | $2.41 | $26,952 | $28,722 | 12.1 years |
| 18 kW | $2.36 | $29,676 | $32,957 | 11.8 years |
| 20 kW | $2.30 | $32,256 | $37,336 | 11.6 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 pick the right company for you, here are some tips to keep in mind:
- Warranty: If you're concerned about the longevity of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Read the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- 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 positive reviews from previous customers.
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 Bethel, OH Solar Cost FAQs
How much does it cost to install solar panels in Bethel?
This is a tough 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 cost 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 opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Does Bethel have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.