Solar Panel Cost Guide in Bryan, OH (2024 Update)
- Bryan Solar Installation Cost: $18,185
- 25-Year Savings: $17,829
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Bryan
We go over average solar pricing in Bryan.
In Bryan, solar panels cost about 3 per watt on average.Using this figure, a typical 7.6-kW system would cost about $18,185 before the 0 federal solar tax credit is applied.
The true cost of your system can be above or below the average in Bryan based on a few factors, such as the brand of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $16,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a top solar company in Bryan for a customized estimate.
Solar savings over time in Bryan
| Year | Return on Investment |
|---|---|
| 1 years | $-16,888 |
| 3 years | $-14,293 |
| 5 years | $-11,699 |
| 7 years | $-9,104 |
| 9 years | $-6,510 |
| 11 years | $-3,915 |
| 13 years | $-1,320 |
| 15 years | $1,274 |
| 17 years | $3,869 |
| 19 years | $6,463 |
| 21 years | $9,058 |
| 23 years | $11,652 |
| 25 years | $14,247 |
Top Solar Installers in Bryan
Many homeowners choose to use a solar installer since installing solar panels by yourself can be a lot of work. The expertise that solar companies offer can be helpful as well, especially if you aren’t sure what type of solar equipment you need.
There are several 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
See all of the solar companies in Bryan
Factors that Affect Solar Panel Costs in Bryan
For many Bryan homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Bryan, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,410. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Bryan, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Bryan to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.However, the interest on solar loans also adds to your all-in costs, so it’s vital to consider that as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Bryan know more about local solar incentives and can help you learn about 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 | $3.55 | $14,895 | $9,898 | 15.0 years |
| 8 kW | $3.48 | $19,478 | $13,579 | 14.7 years |
| 10 kW | $3.41 | $23,870 | $17,452 | 14.4 years |
| 12 kW | $3.34 | $28,071 | $21,515 | 14.2 years |
| 14 kW | $3.27 | $32,081 | $25,769 | 13.9 years |
| 16 kW | $3.21 | $35,900 | $30,214 | 13.6 years |
| 18 kW | $3.14 | $39,529 | $34,850 | 13.3 years |
| 20 kW | $3.07 | $42,966 | $39,677 | 13.0 years |
How to Save on Solar Panels
There are a lot of companies available in Bryan, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Look through the contract terms carefully to make sure you understand the total cost, completion timeline incentives and warranties.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Bryan, OH Solar Cost FAQs
What is the average cost of installing solar panels in Bryan?
The average cost of solar panels in Bryan is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Bryan?
Leasing solar panels can be an attractive choice, because it commonly 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.
Can you sell solar power back to the grid in Bryan?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.