Solar Panel Cost Guide in Delphos, OH (2025 Update)
- Delphos Solar Installation Cost: $18,122
- 25-Year Savings: $17,815
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Delphos
We go over average solar pricing in Delphos.
Although the national average of solar panels is $2.66 per watt, solar panels in Delphos typically cost around 3.Because a 7.6-kW system is needed to cover the energy usage of a typical home in Delphos, the average price of going solar will be about $18,122 after claiming the federal solar tax credit of 0.
These figures are only averages, and your own solar costs will look different based on your energy needs and what company you want to go with.Even with the high initial cost, the average Delphos homeowner can save around $16,000 on their electricity bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a pre-vetted solar installer in Delphos for a quote for your home.
Solar savings over time in Delphos
Year | Return on Investment |
---|---|
1 years | $-16,789 |
3 years | $-14,125 |
5 years | $-11,461 |
7 years | $-8,797 |
9 years | $-6,133 |
11 years | $-3,469 |
13 years | $-805 |
15 years | $1,859 |
17 years | $4,523 |
19 years | $7,187 |
21 years | $9,851 |
23 years | $12,515 |
25 years | $15,179 |
Top Solar Installers in Delphos
Putting up solar panels yourself can be a challenging undertaking, which is why using a solar installer is a good option for many homeowners. Plus, if you’re not certain what kind of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
If you're on the hunt for a solar company in Delphos, we've compiled a list of our top suggestions here:
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 Delphos
Factors that Affect Solar Panel Costs in Delphos
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that will push your cost above or below the average in Delphos: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,410. There are a lot of different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Delphos have solar loans, which reduce the initial cost of installing a solar system.While solar loans make adopting solar energy more accessible for Delphos homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
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 in Delphos, and each can charge varying amounts for labor and equipment.Additionally, some companies in Delphos have more knowledge about local solar incentives and can help you learn about 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 | $3.55 | $14,895 | $9,937 | 15.0 years |
8 kW | $3.48 | $19,478 | $13,631 | 14.7 years |
10 kW | $3.41 | $23,870 | $17,516 | 14.4 years |
12 kW | $3.34 | $28,071 | $21,593 | 14.1 years |
14 kW | $3.27 | $32,081 | $25,860 | 13.8 years |
16 kW | $3.21 | $35,900 | $30,318 | 13.6 years |
18 kW | $3.14 | $39,529 | $34,967 | 13.3 years |
20 kW | $3.07 | $42,966 | $39,807 | 13.0 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 installer, be 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.
- 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 significant role in the company you hire.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Delphos, OH Solar Cost FAQs
What is the average cost of installing solar panels in Delphos?
This is a hard question to answer exactly, 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. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Delphos?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The downside 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
Even though 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 once you've had them for that long or you can continue to use 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.