Solar Panel Cost Guide in Brookville, OH (2024 Update)
- Brookville Solar Installation Cost: $17,915
- 25-Year Savings: $9,027
- Payback Period: 19.9 Years
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Average Cost of Solar Panels in Brookville
We go over average solar pricing in Brookville.
In Brookville, solar panels cost about 3 per watt on average.Since a 7.5-kW system is needed to cover the energy consumption of a typical home in Brookville, the average price of going solar will be about $17,915 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what company you go with.For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $11,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Brookville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Brookville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,897 |
| 3 years | $-14,860 |
| 5 years | $-12,823 |
| 7 years | $-10,787 |
| 9 years | $-8,750 |
| 11 years | $-6,714 |
| 13 years | $-4,677 |
| 15 years | $-2,640 |
| 17 years | $-604 |
| 19 years | $1,433 |
| 21 years | $3,469 |
| 23 years | $5,506 |
| 25 years | $7,543 |
Top Solar Installers in Brookville
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make your swap to solar power much easier. Another benefit of working with a solar company is that they can help you optimize your investment by reducing your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on how much your investment in solar 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 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 Brookville
Factors that Affect Solar Panel Costs in Brookville
There are many criteria that can determine your solar system 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
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,410. There are many different solar panel brands and the one you choose also changes the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you just 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 Brookville offer solar loans, which reduce the initial cost of installing a solar system.When figuring out 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 installer you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Brookville, and each can charge different amounts for labor and equipment.Additionally, some companies in Brookville are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $3,074 | 20.7 years |
| 8 kW | $3.48 | $19,478 | $4,480 | 20.3 years |
| 10 kW | $3.41 | $23,870 | $6,078 | 19.9 years |
| 12 kW | $3.34 | $28,071 | $7,866 | 19.5 years |
| 14 kW | $3.27 | $32,081 | $9,846 | 19.1 years |
| 16 kW | $3.21 | $35,900 | $12,016 | 18.7 years |
| 18 kW | $3.14 | $39,529 | $14,377 | 18.3 years |
| 20 kW | $3.07 | $42,966 | $16,930 | 17.9 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 select the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- 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.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: It’s important to read your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
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 Brookville, OH Solar Cost FAQs
What is the average cost of installing solar panels in Brookville?
The average cost of solar panels in Brookville is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Brookville?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The downside 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 making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.