Solar Panel Cost Guide in Dublin, OH (2024 Update)
- Dublin Solar Installation Cost: $18,107
- 25-Year Savings: $16,635
- Payback Period: 15.0 Years
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Average Cost of Solar Panels in Dublin
Let’s have a look at the average cost of solar in Dublin.
The national average cost of solar panels is $2.66 per watt, but in Dublin it’s 3 per watt.The average solar panel system size in Dublin is around 7.6 kilowatts, meaning a cost of about $18,107 for a solar installation, or $25,893 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Dublin depending on a few factors, such as the brand of solar panels you choose and the solar installer you hire.But, once you've paid the initial cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $15,000 over 20 years on electricity bills.
Click the button below to get connected to a vetted solar panel company in your area for a custom quote.
Solar savings over time in Dublin
| Year | Return on Investment |
|---|---|
| 1 years | $-16,937 |
| 3 years | $-14,597 |
| 5 years | $-12,258 |
| 7 years | $-9,918 |
| 9 years | $-7,579 |
| 11 years | $-5,239 |
| 13 years | $-2,900 |
| 15 years | $-560 |
| 17 years | $1,779 |
| 19 years | $4,119 |
| 21 years | $6,458 |
| 23 years | $8,798 |
| 25 years | $11,137 |
Top Solar Installers in Dublin
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make converting to solar power much easier. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
If you're looking for a solar installer in Dublin, the EcoWatch team has put together 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 Dublin
Factors that Affect Solar Panel Costs in Dublin
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Dublin: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Dublin, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Dublin, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.Even though solar loans make adopting solar energy more accessible for Dublin homeowners, they can also raise the total you pay for your system due to interest. If you put down 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 opt for to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies operating in Dublin, and each can charge varying amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies keep up with them by promoting 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 | $9,015 | 15.6 years |
| 8 kW | $3.48 | $19,478 | $12,402 | 15.3 years |
| 10 kW | $3.41 | $23,870 | $15,980 | 15.0 years |
| 12 kW | $3.34 | $28,071 | $19,748 | 14.7 years |
| 14 kW | $3.27 | $32,081 | $23,708 | 14.4 years |
| 16 kW | $3.21 | $35,900 | $27,859 | 14.1 years |
| 18 kW | $3.14 | $39,529 | $32,201 | 13.8 years |
| 20 kW | $3.07 | $42,966 | $36,733 | 13.5 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on 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: Different companies will have various brands and models of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: When reading through 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 part breaking or if the company goes out of business.
- Warranty: If you’re concerned about the endurance of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Dublin, OH Solar Cost FAQs
What is the average cost of installing solar panels in Dublin?
The average cost of solar panels in Dublin is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
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."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much 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 install 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.