Solar Panel Cost Guide in Cincinnati, OH (Feb 2023)
- Cincinnati Solar Installation Cost: $13,243
- 25-Year Savings: $10,946
- Payback Period: 13.7 Years
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Top Solar Installers in Cincinnati
Trying to install solar panels yourself can be a challenging project, which is why hiring a solar installer is a good option for many homeowners. Another perk of using a solar installer is that they can help you make the most of your ROI by reducing your future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
If you're looking for a solar company in Cincinnati, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Cincinnati
Factors that Affect Solar Panel Costs in Cincinnati
For many Cincinnati homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Cincinnati, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,560 per kilowatt in Cincinnati. There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Cincinnati, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. 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 reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar company you hire to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Cincinnati, and each can charge varying amounts for labor and equipment. The size of the company sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk 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 lower 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||$8,461||14.2 years|
|8 kW||$2.61||$14,623||$11,568||14.0 years|
|10 kW||$2.56||$17,920||$14,818||13.7 years|
|12 kW||$2.51||$21,074||$18,212||13.4 years|
|14 kW||$2.46||$24,084||$21,749||13.1 years|
|16 kW||$2.41||$26,952||$25,430||12.9 years|
|18 kW||$2.36||$29,676||$29,253||12.6 years|
|20 kW||$2.30||$32,256||$33,221||12.3 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Contract: Before signing a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
EcoWatch's Cincinnati, OH Solar Cost FAQs
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.