Solar Panel Cost Guide in Campbell, OH (2023 Update)
- Campbell Solar Installation Cost: $14,058
- 25-Year Savings: $12,379
- Payback Period: 13.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Campbell
Find out what the average cost of a solar system is in Campbell.
The national average cost of solar panels is $2.66 per watt, but in Campbell it's 2.56 per watt. Since a 7.8-kW system is needed to cover the energy consumption of a typical home in Campbell, the average price of going solar will be about $14,049 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and your own solar costs will vary based on your specific situation and what company you go with. For many homeowners, the upfront cost of solar power is worth paying. On average homeowners in Campbell see about $13,000 in savings on energy bills over 20 years.
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 Campbell
Year | Return on Investment |
---|---|
1 years | $-13,970 |
3 years | $-13,794 |
5 years | $-13,617 |
7 years | $-13,441 |
9 years | $-13,265 |
11 years | $-13,089 |
13 years | $-12,912 |
15 years | $-12,736 |
17 years | $-12,560 |
19 years | $-12,384 |
21 years | $-12,208 |
23 years | $-12,031 |
25 years | $-11,855 |
Top Solar Installers in Campbell
Although it's possible to install solar panels on your own, it requires extra time and expertise. Because of that, most people choose to hire a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Campbell
Factors that Affect Solar Panel Costs in Campbell
There are several factors that can influence 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, 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 $2,560. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Campbell, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Campbell, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. While solar loans make adopting solar energy more accessible for Campbell homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $9,038 | 13.8 years |
8 kW | $2.61 | $14,623 | $12,337 | 13.6 years |
10 kW | $2.56 | $17,920 | $15,780 | 13.3 years |
12 kW | $2.51 | $21,074 | $19,366 | 13.0 years |
14 kW | $2.46 | $24,084 | $23,095 | 12.8 years |
16 kW | $2.41 | $26,952 | $26,968 | 12.5 years |
18 kW | $2.36 | $29,676 | $30,984 | 12.2 years |
20 kW | $2.30 | $32,256 | $35,144 | 12.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Campbell, OH Solar Cost FAQs
What is the average cost of installing solar panels in Campbell?
The average cost of solar panels in Campbell is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Campbell?
Solar panels aren't free in Campbell, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Campbell?
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 offer you credit toward your future electricity bills.
How long do solar panels last in Campbell?
Though 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 their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using 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.