Solar Panel Cost Guide in German, OH (2023 Update)
- German Solar Installation Cost: $13,449
- 25-Year Savings: $11,654
- Payback Period: 13.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in German
We go over average solar pricing in German.
In German, solar panels cost about 2.56 per watt on average. Because a 7.5-kW system is needed to cover the energy needs of a typical home in German, the average price of going solar will be about $13,458 after claiming the federal solar tax credit of 30%.
How much you pay can go higher or lower than the average in German based on several factors, such as the brand of solar panels you choose and the solar contractor you hire. But, after you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $13,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in German
| Year | Return on Investment |
|---|---|
| 1 years | $-12,284 |
| 3 years | $-9,954 |
| 5 years | $-7,624 |
| 7 years | $-5,294 |
| 9 years | $-2,964 |
| 11 years | $-634 |
| 13 years | $1,695 |
| 15 years | $4,025 |
| 17 years | $6,355 |
| 19 years | $8,685 |
| 21 years | $11,015 |
| 23 years | $13,345 |
| 25 years | $15,675 |
Top Solar Installers in German
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of an installer can make your swap to solar power much easier. The expertise that solar installers offer can be helpful as well, especially if you don't quite know what brand of solar equipment you need.
If you're looking for a solar company in German, we've 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 German
Factors that Affect Solar Panel Costs in German
The cost of installing a solar system in German can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,560 per kilowatt in German. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the German average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many German homeowners opt to finance their solar panel systems to offset upfront costs. While solar loans make going solar more accessible for German homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in German is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for example, you'll have no shortage of solar installers that offer a range of services for different budgets. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $8,887 | 13.9 years |
| 8 kW | $2.61 | $14,623 | $12,136 | 13.7 years |
| 10 kW | $2.56 | $17,920 | $15,528 | 13.4 years |
| 12 kW | $2.51 | $21,074 | $19,064 | 13.1 years |
| 14 kW | $2.46 | $24,084 | $22,743 | 12.9 years |
| 16 kW | $2.41 | $26,952 | $26,565 | 12.6 years |
| 18 kW | $2.36 | $29,676 | $30,531 | 12.3 years |
| 20 kW | $2.30 | $32,256 | $34,640 | 12.1 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: If you're worried about the durability of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which company you should choose, since different companies provide different panels.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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
What is the average cost of installing solar panels in German?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. 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 long do solar panels last in German?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having 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.
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.