Solar Panel Cost Guide in Bryan, OH (2023 Update)
- Bryan Solar Installation Cost: $13,655
- 25-Year Savings: $17,826
- Payback Period: 10.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Bryan
See how much it might cost to install solar panels in Bryan.
While the national average of solar panels is $2.66 per watt, solar panels in Bryan typically cost about 2.56. Using this figure, a typical 7.6-kW system would cost about $13,655 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Bryan homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find installing solar panels is a sound investment. The average homeowner in Bryan can save about $16,000 on their energy bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Bryan
| Year | Return on Investment |
|---|---|
| 1 years | $-12,396 |
| 3 years | $-9,877 |
| 5 years | $-7,359 |
| 7 years | $-4,840 |
| 9 years | $-2,322 |
| 11 years | $196 |
| 13 years | $2,715 |
| 15 years | $5,233 |
| 17 years | $7,752 |
| 19 years | $10,270 |
| 21 years | $12,789 |
| 23 years | $15,307 |
| 25 years | $17,826 |
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:
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 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.
Solar Equipment
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.
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 Bryan, OH Solar Cost FAQs
What is the average cost of installing solar panels in Bryan?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Bryan?
You can't get solar panels for free in Bryan. However, you may still be able to install 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.
How will installing solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Bryan is currently $111,800, so you can expect a value of about $4,584 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Bryan is a fruitful investment.
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 larger amount 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.