Solar Panel Cost Guide in Bluffton, OH (2024 Update)
- Bluffton Solar Installation Cost: $18,201
- 25-Year Savings: $19,912
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Bluffton
We go over average solar pricing in Bluffton.
While the national average of solar panels is $2.66 per watt, solar panels in Bluffton typically cost around 3.The average Bluffton homeowner needs a 7.6-kilowatt system, which would cost about $18,201 with the federal tax credit, or $26,027 before the 0 tax credit is applied.
These figures are just averages, and your own solar costs will most likely differ based on your energy needs and what company you want to go with.With average savings of about $17,000 on power bills over 20 years, many homeowners in Bluffton find going solar can pay off big.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Bluffton
| Year | Return on Investment |
|---|---|
| 1 years | $-16,869 |
| 3 years | $-14,205 |
| 5 years | $-11,541 |
| 7 years | $-8,877 |
| 9 years | $-6,213 |
| 11 years | $-3,549 |
| 13 years | $-885 |
| 15 years | $1,779 |
| 17 years | $4,443 |
| 19 years | $7,107 |
| 21 years | $9,771 |
| 23 years | $12,435 |
| 25 years | $15,099 |
Top Solar Installers in Bluffton
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring a solar company can make switching to solar power much easier. Plus, if you aren’t sure what type of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you're searching for a solar installer in Bluffton, the EcoWatch team has 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 Bluffton
Factors that Affect Solar Panel Costs in Bluffton
Though the average cost of a solar system in Bluffton is $18,201, your final cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,410.The kind of solar panels and equipment you choose is another factor that will greatly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Bluffton, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can play a role in determining your pricing. Bluffton’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $11,525 | 14.1 years |
| 8 kW | $3.48 | $19,478 | $15,749 | 13.8 years |
| 10 kW | $3.41 | $23,870 | $20,164 | 13.6 years |
| 12 kW | $3.34 | $28,071 | $24,769 | 13.3 years |
| 14 kW | $3.27 | $32,081 | $29,566 | 13.0 years |
| 16 kW | $3.21 | $35,900 | $34,554 | 12.7 years |
| 18 kW | $3.14 | $39,529 | $39,732 | 12.5 years |
| 20 kW | $3.07 | $42,966 | $45,102 | 12.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: The brand of solar panel you’d like to install plays a part in which company you should go with, since different companies have access to different panels.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Bluffton, OH Solar Cost FAQs
How much does it cost to install solar panels in Bluffton?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly 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 more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Bluffton?
Leasing solar panels can be an appealing choice, because it usually 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 maximize your savings.
Is it worth going solar in Bluffton?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.