Solar Panel Cost Guide in Circleville, OH (2024 Update)
- Circleville Solar Installation Cost: $17,891
- 25-Year Savings: $21,187
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Circleville
Let’s take a look at the average cost of solar panels in Circleville.
In Circleville, solar panels cost about 3 per watt on average.The average solar panel system size in Circleville is around 7.5 kilowatts, meaning a cost of about $17,891 for a solar installation, or $25,584 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Circleville homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $18,000 on energy bills over 20 years, many homeowners in Circleville find installing solar panels can be quite rewarding.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Circleville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,559 |
| 3 years | $-13,895 |
| 5 years | $-11,231 |
| 7 years | $-8,566 |
| 9 years | $-5,902 |
| 11 years | $-3,238 |
| 13 years | $-574 |
| 15 years | $2,091 |
| 17 years | $4,755 |
| 19 years | $7,419 |
| 21 years | $10,083 |
| 23 years | $12,748 |
| 25 years | $15,412 |
Top Solar Installers in Circleville
When going solar, many homeowners choose to hire a solar installer since handling can be a difficult project. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
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 near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Circleville
Factors that Affect Solar Panel Costs in Circleville
For many Circleville homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Circleville, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation use 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 $3,410.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Circleville, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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 a solar system out of pocket can be challenging. Solar loans are available from most installers in Circleville, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Circleville, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $3.55 | $14,895 | $12,817 | 13.4 years |
| 8 kW | $3.48 | $19,478 | $17,471 | 13.2 years |
| 10 kW | $3.41 | $23,870 | $22,317 | 12.9 years |
| 12 kW | $3.34 | $28,071 | $27,353 | 12.7 years |
| 14 kW | $3.27 | $32,081 | $32,580 | 12.4 years |
| 16 kW | $3.21 | $35,900 | $37,998 | 12.1 years |
| 18 kW | $3.14 | $39,529 | $43,607 | 11.9 years |
| 20 kW | $3.07 | $42,966 | $49,407 | 11.6 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose greatly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: The brand of solar panel you need plays a part in which installer you should go with, since different companies provide different panels.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Circleville, OH Solar Cost FAQs
How much does it cost to install solar panels in Circleville?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,050 for a 5-kW system and $34,100 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 usage. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Circleville have a net metering program?
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 energy bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires 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 household 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.