Solar Panel Cost Guide in Dublin, OH (2023 Update)
- Dublin Solar Installation Cost: $13,601
- 25-Year Savings: $16,627
- Payback Period: 11.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Dublin
We break down average solar pricing in Dublin.
The national average cost of solar panels is $2.66 per watt, but in Dublin it's 2.56 per watt. To cover the typical energy usage of the average home in Dublin, most homeowners require a 7.6-kilowatt system. Using the figure above, a solar installation costs about $13,601, or $19,449 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and your own solar costs may differ based on your energy needs and what company you go with. For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $15,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Dublin
| Year | Return on Investment |
|---|---|
| 1 years | $-12,392 |
| 3 years | $-9,974 |
| 5 years | $-7,556 |
| 7 years | $-5,137 |
| 9 years | $-2,719 |
| 11 years | $-301 |
| 13 years | $2,117 |
| 15 years | $4,536 |
| 17 years | $6,954 |
| 19 years | $9,372 |
| 21 years | $11,790 |
| 23 years | $14,208 |
| 25 years | $16,627 |
Top Solar Installers in Dublin
Trying to install solar panels on your own can be a stressful project, which is why getting a solar installation company is a good option for many homeowners. The payback period of solar panels will vary depending on factors like your roof configuration and energy needs, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
If you'd like to switch to solar energy but still aren't sure which solar company to go with, here are our recommendations for providers nearby:
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 Dublin
Factors that Affect Solar Panel Costs in Dublin
The cost of installing a solar system in Dublin can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Dublin homeowners decide to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of green energy solutions in Dublin, you'll have many options to choose from, but each comes at various price points for labor and equipment. The company's size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $12,728 | 11.7 years |
| 8 kW | $2.61 | $14,623 | $17,257 | 11.5 years |
| 10 kW | $2.56 | $17,920 | $21,930 | 11.2 years |
| 12 kW | $2.51 | $21,074 | $26,746 | 11.0 years |
| 14 kW | $2.46 | $24,084 | $31,705 | 10.8 years |
| 16 kW | $2.41 | $26,952 | $36,808 | 10.6 years |
| 18 kW | $2.36 | $29,676 | $42,054 | 10.3 years |
| 20 kW | $2.30 | $32,256 | $47,443 | 10.1 years |
How to Save on Solar Panels
There are numerous companies to choose from in Dublin, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
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 Dublin, OH Solar Cost FAQs
How much does it cost to install solar panels in Dublin?
This is a hard question to answer exactly, because the cost depends on a few different 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 other solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will having solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Dublin is currently $320,536, which means you could be looking at a value of about $13,142 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Dublin is a rewarding investment.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.