Solar Panel Cost Guide in Centerville, OH (2024 Update)

  • Centerville Solar Installation Cost: $17,836
  • 25-Year Savings: $9,515
  • Payback Period: 19.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Centerville

Let’s have a look at the average cost of solar in Centerville.

In Centerville, solar panels cost about 3 per watt on average.To cover the typical energy needs of the average home in Centerville, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,836, or $25,505 before the federal solar tax credit of 0 is applied.

The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary quite a bit depending on a few factors, such as what size system you need, your energy consumption and what installation company you go with.With average savings of about $12,000 on power bills over 20 years, many homeowners in Centerville find going solar can pay off big.

You can click the button below to get connected with a top solar installer in Centerville that can help you get a more accurate cost estimate for your home.

Solar savings over time in Centerville

Year Return on Investment
1 years $-16,781
3 years $-14,671
5 years $-12,561
7 years $-10,451
9 years $-8,341
11 years $-6,231
13 years $-4,121
15 years $-2,011
17 years $99
19 years $2,209
21 years $4,319
23 years $6,429
25 years $8,539

Top Solar Installers in Centerville

Many homeowners choose to hire a solar installation company since installing solar panels yourself can be a lot of work. Plus, if you’d like to maximize your investment in solar energy, going with a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives.

You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some in Centerville:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

See all of the solar companies in Centerville

Factors that Affect Solar Panel Costs in Centerville

For many Centerville homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Centerville, 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 determines the overall cost of installing solar panels. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Centerville, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Centerville homeowners choose to finance their solar panel systems to make going solar more affordable.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Centerville is the company you get to install your PV system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services at different price points.Additionally, some companies in Centerville know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 $3,497 20.2 years
8 kW $3.48 $19,478 $5,045 19.9 years
10 kW $3.41 $23,870 $6,784 19.5 years
12 kW $3.34 $28,071 $8,714 19.1 years
14 kW $3.27 $32,081 $10,834 18.7 years
16 kW $3.21 $35,900 $13,146 18.3 years
18 kW $3.14 $39,529 $15,648 17.9 years
20 kW $3.07 $42,966 $18,342 17.5 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Contract: Before you sign a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
  • Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
  • Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
  • Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Centerville, OH Solar Cost FAQs

How much does it cost to install solar panels in Centerville?

This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Can you get solar panels for free in Centerville?

You can’t get solar panels for free in Centerville. 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’d prefer to own your solar panels, you can finance them with a solar loan.

Do solar panels increase your home value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Centerville is currently $290,571, which means you can expect a value of about $11,913 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Centerville is a fruitful investment.

How often do you have to replace solar panels?

Although 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 how much energy they produce will have decreased significantly after that point. You can 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.

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