Solar Panel Cost Guide in Brookville, OH (2023 Update)
- Brookville Solar Installation Cost: $13,458
- 25-Year Savings: $9,019
- Payback Period: 15.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Brookville
Let's take a look at the average cost of solar panels in Brookville.
While the national average of solar panels is $2.66 per watt, solar panels in Brookville generally cost about 2.56. Since a 7.5-kW system is needed to cover the energy usage of a typical home in Brookville, the average price of going solar will be about $13,458 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what solar installer you go with. But, once you've paid the upfront cost of installation, the ROI for most homeowners is quite fruitful, with a net average savings of about $11,000 over 20 years on utility bills.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Brookville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,559 |
| 3 years | $-10,761 |
| 5 years | $-8,963 |
| 7 years | $-7,164 |
| 9 years | $-5,366 |
| 11 years | $-3,568 |
| 13 years | $-1,770 |
| 15 years | $28 |
| 17 years | $1,826 |
| 19 years | $3,624 |
| 21 years | $5,422 |
| 23 years | $7,220 |
| 25 years | $9,019 |
Top Solar Installers in Brookville
Trying to put up solar panels by yourself can be a challenging project, which is why hiring a solar installer is a good option for many homeowners. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
There are a number of 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 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 Brookville
Factors that Affect Solar Panel Costs in Brookville
The cost of installing a solar system in Brookville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Brookville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $2,560 for each additional kilowatt you need. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a 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 a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater 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
Most solar companies in Brookville have solar loans, which reduce your upfront costs of installing solar. While solar loans make adopting solar energy more accessible for Brookville homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Brookville is the company you hire to install your PV system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services at different costs. You may see national solar installers that have lower prices due to 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 larger companies.
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 | $6,787 | 15.6 years |
| 8 kW | $2.61 | $14,623 | $9,336 | 15.3 years |
| 10 kW | $2.56 | $17,920 | $12,028 | 15.0 years |
| 12 kW | $2.51 | $21,074 | $14,864 | 14.7 years |
| 14 kW | $2.46 | $24,084 | $17,843 | 14.4 years |
| 16 kW | $2.41 | $26,952 | $20,965 | 14.1 years |
| 18 kW | $2.36 | $29,676 | $24,231 | 13.8 years |
| 20 kW | $2.30 | $32,256 | $27,640 | 13.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Different companies will have various brands and types of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Contract: Read the contract terms closely to make sure you understand the total cost, completion timeline rebates and warranties.
- 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 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 $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Brookville?
You can't get solar panels for free in Brookville. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $598.96 per year.
How often do you have to replace solar panels?
Although 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 how much energy they produce will have decreased significantly after that point. You can 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.