Solar Panel Cost Guide in Delphos, OH (2023 Update)
- Delphos Solar Installation Cost: $13,601
- 25-Year Savings: $17,818
- Payback Period: 10.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Delphos
We go over average solar pricing in Delphos.
The national average cost of solar panels is $2.66 per watt, but in Delphos it's 2.56 per watt. To cover the typical energy needs of the average home in Delphos, most homeowners require a 7.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $13,601, or $19,449 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy use, the type of solar system you want to get, your solar contractor and more. With typical savings of about $16,000 on electricity bills over 20 years, many homeowners in Delphos find installing solar panels can pay off big.
To get a free quote from a vetted solar company in Delphos, you can click the button below.
Solar savings over time in Delphos
| Year | Return on Investment |
|---|---|
| 1 years | $-12,344 |
| 3 years | $-9,831 |
| 5 years | $-7,317 |
| 7 years | $-4,804 |
| 9 years | $-2,290 |
| 11 years | $223 |
| 13 years | $2,737 |
| 15 years | $5,251 |
| 17 years | $7,764 |
| 19 years | $10,278 |
| 21 years | $12,791 |
| 23 years | $15,305 |
| 25 years | $17,818 |
Top Solar Installers in Delphos
Many homeowners opt for a solar installer since figuring out how to install solar panels yourself can be a labor-intensive endeavor. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy usage, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
You can get a free estimate from a local solar installer on the cost of solar panels 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 Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Delphos
Factors that Affect Solar Panel Costs in Delphos
Even though the average cost of a solar system in Delphos is $13,601, your actual cost may differ. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,560. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Delphos average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Delphos, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your total costs, so it's crucial to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Delphos, and each can charge different amounts for labor and equipment. Additionally, some companies in Delphos have more knowledge about local solar incentives and can help you make good use 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 | $2.66 | $11,182 | $13,650 | 11.3 years |
| 8 kW | $2.61 | $14,623 | $18,486 | 11.0 years |
| 10 kW | $2.56 | $17,920 | $23,466 | 10.8 years |
| 12 kW | $2.51 | $21,074 | $28,590 | 10.6 years |
| 14 kW | $2.46 | $24,084 | $33,856 | 10.4 years |
| 16 kW | $2.41 | $26,952 | $39,267 | 10.2 years |
| 18 kW | $2.36 | $29,676 | $44,820 | 10.0 years |
| 20 kW | $2.30 | $32,256 | $50,517 | 9.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose considerably influences your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Delphos, OH Solar Cost FAQs
What is the average cost of installing solar panels in Delphos?
The average cost of solar panels in Delphos is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Delphos?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $827.73 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.