Solar Panel Cost Guide in Granger, OH (Dec 2022)

  • Granger Solar Installation Cost: $13,619
  • 25-Year Savings: $15,068
  • Payback Period: 11.9 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Granger

Find out what the average cost of solar panels are in Granger.

In Granger, solar panels cost about $3 per watt on average. Using this figure, a typical 7.6 would cost about $13,619 before the 30% federal solar tax credit is applied.

The true cost of your system can go higher or lower than the average in Granger depending on a variety of factors, such as the type of solar panels you choose and the solar installer you hire. Even with the significant initial cost, the average Granger homeowner can save around $14,000 on their electricity bills over 20 years, which is one of the advantages of solar.

To see your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Granger

Year Return on Investment
1 years $-12,472
3 years $-10,177
5 years $-7,882
7 years $-5,587
9 years $-3,292
11 years $-997
13 years $1,298
15 years $3,593
17 years $5,888
19 years $8,183
21 years $10,478
23 years $12,773
25 years $15,068

Top Solar Installers in Granger

Trying to install solar panels on your own can be a stressful project, which is why hiring a solar installation company is a good option for many homeowners. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be best for your family.

If you'd like to go solar but still aren't certain which solar installer to go with, here are our recommendations for providers nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Granger

Factors that Affect Solar Panel Costs in Granger

Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Granger: 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 Granger, one of the most important 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 energy bills. Your overall cost can increase by around $2,560 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Granger, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited 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

Most solar companies in Granger offer solar loans, which reduce your upfront costs of installing a solar system. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.

Solar Panel Installation Company

A final consideration when trying to figure out the cost of solar for your home or business in Granger is the company you get to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, you'll have many options for solar installers that offer a range of services for different budgets. The company's size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.

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 $11,474 12.3 years
8 kW $2.61 $14,623 $15,586 12.1 years
10 kW $2.56 $17,920 $19,841 11.9 years
12 kW $2.51 $21,074 $24,239 11.6 years
14 kW $2.46 $24,084 $28,781 11.4 years
16 kW $2.41 $26,952 $33,466 11.2 years
18 kW $2.36 $29,676 $38,294 10.9 years
20 kW $2.30 $32,256 $43,266 10.7 years

How to Save on Solar Panels

The solar panel company you opt for will impact 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 consider, such as:

  • Contract: Before signing a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.
  • Installation Process: When going solar, it's essential to maintain an open line of communication with your solar installer. Make sure you understand how the installation process works and the project completion timeline.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Granger, OH Solar Cost FAQs

How much does it cost to install solar panels in Granger?

The average cost of solar panels in Granger is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider other than cost when buying solar panels?

Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Can solar panels completely eradicate my power bills?

Solar panels can potentially eliminate your electricity bills depending on where you're located 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 $755.22 per year.

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house 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.

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