Solar Panel Cost Guide in Galion, OH (2025 Update)
- Galion Solar Installation Cost: $18,352
- 25-Year Savings: $17,258
- Payback Period: 14.8 Years
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Average Cost of Solar Panels in Galion
We break down average solar pricing in Galion.
Although the national average of solar panels is $2.66 per watt, solar panels in Galion typically cost around 3.Since a 7.7-kW system is needed to cover the energy costs of a typical home in Galion, the average price of going solar will be about $18,352 after claiming the federal solar tax credit of 0.
These figures are only averages, and your own solar costs may look different based on factors unique to your home and what company you want to go with.Despite the significant initial cost, the average Galion homeowner can save around $15,000 on their energy bills over 20 years, which is one of the perks of solar.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Galion
Year | Return on Investment |
---|---|
1 years | $-17,132 |
3 years | $-14,691 |
5 years | $-12,251 |
7 years | $-9,810 |
9 years | $-7,370 |
11 years | $-4,930 |
13 years | $-2,489 |
15 years | $-49 |
17 years | $2,392 |
19 years | $4,832 |
21 years | $7,273 |
23 years | $9,713 |
25 years | $12,154 |
Top Solar Installers in Galion
Many homeowners decide to hire a solar panel company since trying to put up solar panels on your own can be a labor-intensive endeavor. The payback period of solar panels will vary depending on factors like your location and energy consumption, but working with a solar installer can shorten that period. 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 nearby:
See all of the solar companies in Galion
Factors that Affect Solar Panel Costs in Galion
There are several factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
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. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Galion, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.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 can only 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 finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can affect the cost. Galion’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Galion are more knowledgeable 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 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 | $3.55 | $14,895 | $9,325 | 15.4 years |
8 kW | $3.48 | $19,478 | $12,816 | 15.1 years |
10 kW | $3.41 | $23,870 | $16,497 | 14.8 years |
12 kW | $3.34 | $28,071 | $20,369 | 14.5 years |
14 kW | $3.27 | $32,081 | $24,432 | 14.2 years |
16 kW | $3.21 | $35,900 | $28,686 | 13.9 years |
18 kW | $3.14 | $39,529 | $33,131 | 13.6 years |
20 kW | $3.07 | $42,966 | $37,768 | 13.3 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Even though reading through a contract can be tedious, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
EcoWatch's Galion, OH Solar Cost FAQs
How much does it cost to install solar panels in Galion?
The average cost of solar panels in Galion 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 like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Galion?
You can’t get solar panels for free in Galion. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Galion is currently $145,083, which means you could be looking at a value of about $5,948 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Galion is a rewarding investment.
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 the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using 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.