Solar Panel Cost Guide in Bryan, OH (Jan 2023)
- Bryan Solar Installation Cost: $13,655
- 25-Year Savings: $17,826
- Payback Period: 10.8 Years
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Top Solar Installers in Bryan
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. Taking advantage of an installer can make converting to solar power much easier. Some solar companies, particularly local ones, can help you better understand incentives in Bryan, optimizing your ROI.
If you'd like to go solar but still aren't certain which solar company to go with, here are our suggestions for providers near you:
See all of the solar companies in Bryan
Factors that Affect Solar Panel Costs in Bryan
The cost of installing a solar system in Bryan can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,560. The model of solar panels and equipment you choose is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, 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's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Bryan to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Bryan, you'll have many options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Bryan are more knowledgeable about local solar incentives and can help you make good use 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 end up saving you 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||$2.66||$11,182||$13,611||11.3 years|
|8 kW||$2.61||$14,623||$18,435||11.1 years|
|10 kW||$2.56||$17,920||$23,402||10.8 years|
|12 kW||$2.51||$21,074||$28,512||10.6 years|
|14 kW||$2.46||$24,084||$33,766||10.4 years|
|16 kW||$2.41||$26,952||$39,163||10.2 years|
|18 kW||$2.36||$29,676||$44,703||10.0 years|
|20 kW||$2.30||$32,256||$50,387||9.8 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 decide on the right company for you, here are some tips to keep in mind:
- Contract: Review the contract terms carefully to make sure you understand the overall cost, project timeline incentives and warranties.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The type of solar panel you'd like to get plays a role in which installer you should go with, since different companies provide different panels.
EcoWatch's Bryan, OH Solar Cost FAQs
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.