Solar Panel Cost Guide in Celina, OH (2023 Update)
- Celina Solar Installation Cost: $13,456
- 25-Year Savings: $14,259
- Payback Period: 12.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Celina
Find out how much it might cost to switch to solar power in Celina.
The national average cost of solar panels is $2.66 per watt, but in Celina it's 2.56 per watt. The average Celina homeowner needs a 7.5-kilowatt system, which would cost about $13,458 with the federal tax credit, or $19,245 before the 30% tax credit is applied.
The true price you pay can go higher or lower than the average in Celina depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront cost of solar power is worth paying. On average homeowners in Celina see about $14,000 in savings on utility bills over 20 years.
To receive a free estimate from a top solar installer in Celina, you can click the button below.
Solar savings over time in Celina
| Year | Return on Investment |
|---|---|
| 1 years | $-12,438 |
| 3 years | $-10,401 |
| 5 years | $-8,365 |
| 7 years | $-6,328 |
| 9 years | $-4,292 |
| 11 years | $-2,255 |
| 13 years | $-219 |
| 15 years | $1,818 |
| 17 years | $3,855 |
| 19 years | $5,891 |
| 21 years | $7,928 |
| 23 years | $9,964 |
| 25 years | $12,001 |
Top Solar Installers in Celina
When going solar, many homeowners decide to go with a solar installer since DIY solar panel installation can be a difficult project. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
If you'd like to switch to solar energy but still aren't certain which solar panel company to go with, here are our suggestions for providers in Celina:
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 Celina
Factors that Affect Solar Panel Costs in Celina
For many Celina homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Celina, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The model of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to think about 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 for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Celina to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. Though solar loans make switching to solar energy more accessible for Celina homeowners, they can also add to 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
The solar company you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Celina, and each can charge varying amounts for labor and equipment. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $10,963 | 12.6 years |
| 8 kW | $2.61 | $14,623 | $14,904 | 12.4 years |
| 10 kW | $2.56 | $17,920 | $18,988 | 12.1 years |
| 12 kW | $2.51 | $21,074 | $23,216 | 11.9 years |
| 14 kW | $2.46 | $24,084 | $27,587 | 11.7 years |
| 16 kW | $2.41 | $26,952 | $32,101 | 11.4 years |
| 18 kW | $2.36 | $29,676 | $36,759 | 11.2 years |
| 20 kW | $2.30 | $32,256 | $41,560 | 10.9 years |
How to Save on Solar Panels
The solar company you opt for will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, including:
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: If you're worried about the endurance of your solar panels, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Celina, OH Solar Cost FAQs
What is the average cost of installing solar panels in Celina?
The average cost of solar panels in Celina 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 stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Celina?
Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Does Celina have a net metering program?
Each state has some form 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 many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.