Solar Panel Cost Guide in German, OH (2024 Update)
- German Solar Installation Cost: $17,915
- 25-Year Savings: $11,654
- Payback Period: 17.8 Years
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Average Cost of Solar Panels in German
See how much it might cost to switch to solar power in German.
Currently, the national average cost of solar panels is $2.66 per watt. However, in German, the typical cost of a solar system is 3 per watt.The average solar panel system size in German is around 7.5 kilowatts, meaning a cost of about $17,915 for a solar installation, or $25,618 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of solar system you choose, your solar contractor and more.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in German can save about $13,000 on their power bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in German
| Year | Return on Investment |
|---|---|
| 1 years | $-16,750 |
| 3 years | $-14,420 |
| 5 years | $-12,090 |
| 7 years | $-9,760 |
| 9 years | $-7,430 |
| 11 years | $-5,100 |
| 13 years | $-2,770 |
| 15 years | $-440 |
| 17 years | $1,890 |
| 19 years | $4,220 |
| 21 years | $6,550 |
| 23 years | $8,880 |
| 25 years | $11,210 |
Top Solar Installers in German
Putting up solar panels by yourself can be a difficult undertaking, which is why hiring a solar installation company is a good option for many homeowners. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over the lifespan of your panels.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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 German
Factors that Affect Solar Panel Costs in German
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in German: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar system in German, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $3,410 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like German, 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
If paying for a solar system out of pocket is difficult, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also increases your all-in costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installation company you choose will influence your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in German know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $5,174 | 18.6 years |
| 8 kW | $3.48 | $19,478 | $7,280 | 18.2 years |
| 10 kW | $3.41 | $23,870 | $9,578 | 17.8 years |
| 12 kW | $3.34 | $28,071 | $12,066 | 17.5 years |
| 14 kW | $3.27 | $32,081 | $14,746 | 17.1 years |
| 16 kW | $3.21 | $35,900 | $17,616 | 16.8 years |
| 18 kW | $3.14 | $39,529 | $20,678 | 16.4 years |
| 20 kW | $3.07 | $42,966 | $23,930 | 16.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which company you should choose, since different companies provide different panels.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Contract: Before signing a contract with a solar company, make sure to look it over carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's German, OH Solar Cost FAQs
How much does it cost to install solar panels in German?
The average cost of solar panels in German 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.
Can you get solar panels for free in German?
You can’t get solar panels for free in German. 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 rather own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $668.96 per year.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.