Solar Panel Cost Guide in Brookfield, OH (2023 Update)
- Brookfield Solar Installation Cost: $14,085
- 25-Year Savings: $12,352
- Payback Period: 13.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Brookfield
Find out what the average cost of solar panels are in Brookfield.
In Brookfield, solar panels cost about 2.56 per watt on average. Because a 7.9-kW system is needed to cover the energy needs of a typical home in Brookfield, the average price of going solar will be about $14,085 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of installing solar panels can vary based on a few factors, such as how many panels you need, your energy consumption and what installation company you go with. For many homeowners, the upfront investment in solar is worth paying. On average Brookfield homeowners see about $13,000 in savings on utility bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Brookfield
Year | Return on Investment |
---|---|
1 years | $-13,028 |
3 years | $-10,913 |
5 years | $-8,798 |
7 years | $-6,683 |
9 years | $-4,568 |
11 years | $-2,453 |
13 years | $-338 |
15 years | $1,777 |
17 years | $3,892 |
19 years | $6,007 |
21 years | $8,122 |
23 years | $10,237 |
25 years | $12,352 |
Top Solar Installers in Brookfield
Although you can install solar panels by yourself, it involves extra effort and knowledge. That's why most people choose to go with a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
There are several licensed solar professionals that can take care of your solar installation project. 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 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 Brookfield
Factors that Affect Solar Panel Costs in Brookfield
Even though the average cost of a solar system in Brookfield is $14,085, your final cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $2,560 per kilowatt in Brookfield. There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can play a role in determining your pricing. Brookfield's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and find a company that provides the products, warranties and services you're looking for and also is within your budget.
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 | $8,989 | 13.9 years |
8 kW | $2.61 | $14,623 | $12,272 | 13.6 years |
10 kW | $2.56 | $17,920 | $15,698 | 13.3 years |
12 kW | $2.51 | $21,074 | $19,268 | 13.1 years |
14 kW | $2.46 | $24,084 | $22,981 | 12.8 years |
16 kW | $2.41 | $26,952 | $26,837 | 12.5 years |
18 kW | $2.36 | $29,676 | $30,837 | 12.3 years |
20 kW | $2.30 | $32,256 | $34,980 | 12.0 years |
How to Save on Solar Panels
The solar panel company you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, such as:
- 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 company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
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 Brookfield, OH Solar Cost FAQs
What is the average cost of installing solar panels in Brookfield?
The average cost of solar panels in Brookfield 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 like the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Brookfield?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is it worth going solar in Brookfield?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.