Solar Panel Cost Guide in Delphos, OH (Jan 2023)
- Delphos Solar Installation Cost: $13,601
- 25-Year Savings: $17,818
- Payback Period: 10.8 Years
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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:
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.
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.
EcoWatch's Delphos, 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.