Solar Panel Cost Guide in Circleville, OH (2023 Update)
- Circleville Solar Installation Cost: $13,432
- 25-Year Savings: $21,187
- Payback Period: 9.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Circleville
Find out how much it might cost to switch to solar power in Circleville.
The national average cost of solar panels is $2.66 per watt, but in Circleville it's 2.56 per watt. Because a 7.5-kW system is needed to cover the energy costs of a typical home in Circleville, the average price of going solar will be about $13,440 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar system you choose, your solar contractor and more. Despite the significant initial cost, the average Circleville homeowner can save about $18,000 on their power bills over 20 years, which is one of the advantages of solar.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Circleville
| Year | Return on Investment |
|---|---|
| 1 years | $-13,316 |
| 3 years | $-13,085 |
| 5 years | $-12,855 |
| 7 years | $-12,624 |
| 9 years | $-12,393 |
| 11 years | $-12,162 |
| 13 years | $-11,931 |
| 15 years | $-11,701 |
| 17 years | $-11,470 |
| 19 years | $-11,239 |
| 21 years | $-11,008 |
| 23 years | $-10,777 |
| 25 years | $-10,547 |
Top Solar Installers in Circleville
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Hiring an installer can make your switch to solar power much easier. The expertise that solar installers offer can be valuable as well, particularly if you aren't sure what kind of solar equipment you need.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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 Circleville
Factors that Affect Solar Panel Costs in Circleville
Although the average cost of a solar system in Circleville is $13,440, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The brand of solar panels and equipment you want is another factor that will greatly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Most solar companies in Circleville provide solar loans, which reduce your upfront costs of installing solar. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can impact your pricing. Circleville's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Circleville are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $2.66 | $11,182 | $16,530 | 10.1 years |
| 8 kW | $2.61 | $14,623 | $22,327 | 9.9 years |
| 10 kW | $2.56 | $17,920 | $28,267 | 9.7 years |
| 12 kW | $2.51 | $21,074 | $34,350 | 9.5 years |
| 14 kW | $2.46 | $24,084 | $40,577 | 9.3 years |
| 16 kW | $2.41 | $26,952 | $46,947 | 9.1 years |
| 18 kW | $2.36 | $29,676 | $53,461 | 8.9 years |
| 20 kW | $2.30 | $32,256 | $60,117 | 8.7 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, such as:
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
- Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Circleville, OH Solar Cost FAQs
What is the average cost of installing solar panels in Circleville?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $12,800 for a 5-kW system and $25,600 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 usage. On the flip side, 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 without a doubt one of the most important factors you should consider 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 give you credit toward your future power bills.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.