Solar Panel Cost Guide in Grove City, OH (2023 Update)
- Grove City Solar Installation Cost: $13,530
- 25-Year Savings: $18,580
- Payback Period: 10.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Grove City
We go over average solar pricing in Grove City.
The national average cost of solar panels is $2.66 per watt, but in Grove City it's 2.56 per watt. To cover the typical energy usage of the average home in Grove City, most homeowners require a 7.5-kilowatt system. Using the figure above, a solar installation costs around $13,530, or $19,348 before the federal solar tax credit of 30% is applied.
These figures are just averages, and the cost of going solar for you will most likely differ based on your energy needs and what company you choose to go with. Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Grove City can save around $16,000 on their power bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Grove City
| Year | Return on Investment |
|---|---|
| 1 years | $-12,245 |
| 3 years | $-9,676 |
| 5 years | $-7,108 |
| 7 years | $-4,539 |
| 9 years | $-1,970 |
| 11 years | $599 |
| 13 years | $3,167 |
| 15 years | $5,736 |
| 17 years | $8,305 |
| 19 years | $10,874 |
| 21 years | $13,443 |
| 23 years | $16,011 |
| 25 years | $18,580 |
Top Solar Installers in Grove City
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar panel installer can make swapping over to solar power much easier. Companies can also have access to quality options of the best solar panels and help you pick which one will be best for your family.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Grove City
Factors that Affect Solar Panel Costs in Grove City
While the average cost of a solar system in Grove City is $13,530, your final cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,560. The model of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment is more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Grove City homeowners choose to finance their solar panel systems to make going solar more affordable. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Grove City, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. You may come across national solar installers that have lower prices because of 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 | $14,347 | 11.0 years |
| 8 kW | $2.61 | $14,623 | $19,415 | 10.7 years |
| 10 kW | $2.56 | $17,920 | $24,628 | 10.5 years |
| 12 kW | $2.51 | $21,074 | $29,983 | 10.3 years |
| 14 kW | $2.46 | $24,084 | $35,482 | 10.1 years |
| 16 kW | $2.41 | $26,952 | $41,125 | 9.9 years |
| 18 kW | $2.36 | $29,676 | $46,910 | 9.7 years |
| 20 kW | $2.30 | $32,256 | $52,839 | 9.5 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and 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.
- Contract: Before you sign a contract with a solar installer, make sure to look it over carefully 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Grove City, OH Solar Cost FAQs
How much does it cost to install solar panels in Grove City?
The average cost of solar panels in Grove City is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Grove City?
A solar panel system isn't free in Grove City, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels significantly reduce my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Grove City, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.