Solar Panel Cost Guide in Granville, OH (2025 Update)
- Granville Solar Installation Cost: $18,121
- 25-Year Savings: $18,882
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Granville
See how much it might cost to go solar in Granville.
The national average cost of solar panels is $2.66 per watt, but in Granville it’s 3 per watt.The average Granville homeowner needs a 7.6-kilowatt system, which would cost about $18,121 with the federal tax credit, or $25,913 before the 0 tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely differ based on factors unique to your home and what company you go with.Many homeowners find going solar is a sound investment. The average homeowner in Granville can save about $16,000 on their energy bills over 20 years.
To receive a free quote from a highly rated solar installer in Granville, you can click the button below.
Solar savings over time in Granville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,789 |
| 3 years | $-14,125 |
| 5 years | $-11,460 |
| 7 years | $-8,796 |
| 9 years | $-6,132 |
| 11 years | $-3,468 |
| 13 years | $-804 |
| 15 years | $1,860 |
| 17 years | $4,524 |
| 19 years | $7,188 |
| 21 years | $9,852 |
| 23 years | $12,516 |
| 25 years | $15,180 |
Top Solar Installers in Granville
Although it's possible to install solar panels by yourself, it requires extra energy and knowledge. That's why the majority of homeowners choose a solar panel installer. Local solar installers can also help you maximize your return on investment by assisting with any local incentives you can take advantage of and by providing warranties and repairs.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Granville
Factors that Affect Solar Panel Costs in Granville
The cost of installing a solar system in Granville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar panels and equipment you want is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Granville offer solar loans, which reduce the initial cost of installing solar.Though solar loans make switching to solar energy more accessible for Granville homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Granville is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different price points.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more 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 down 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 | $3.55 | $14,895 | $10,781 | 14.5 years |
| 8 kW | $3.48 | $19,478 | $14,756 | 14.2 years |
| 10 kW | $3.41 | $23,870 | $18,923 | 13.9 years |
| 12 kW | $3.34 | $28,071 | $23,280 | 13.7 years |
| 14 kW | $3.27 | $32,081 | $27,828 | 13.4 years |
| 16 kW | $3.21 | $35,900 | $32,568 | 13.1 years |
| 18 kW | $3.14 | $39,529 | $37,498 | 12.8 years |
| 20 kW | $3.07 | $42,966 | $42,619 | 12.6 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose significantly influences your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: When making the switch to solar power, it’s necessary to keep an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project completion timeline.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
EcoWatch's Granville, OH Solar Cost FAQs
What is the average cost of installing solar panels in Granville?
The average cost of solar panels in Granville is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas 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.
Is it worth going solar in Granville?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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 home 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.