Solar Panel Cost Guide in Kettering, OH (Jan 2023)
- Kettering Solar Installation Cost: $13,386
- 25-Year Savings: $9,090
- Payback Period: 14.9 Years
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Top Solar Installers in Kettering
Many homeowners decide to use a solar panel installer since installing solar panels on your own can be time-consuming. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be right for you.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Kettering
Factors that Affect Solar Panel Costs in Kettering
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Kettering: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,560. The kind of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about 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 for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are provided by most installers in Kettering, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Kettering, and each can charge varying amounts for labor and equipment. Additionally, some companies in Kettering know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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||$2.66||$11,182||$6,867||15.5 years|
|8 kW||$2.61||$14,623||$9,442||15.2 years|
|10 kW||$2.56||$17,920||$12,161||14.9 years|
|12 kW||$2.51||$21,074||$15,023||14.6 years|
|14 kW||$2.46||$24,084||$18,029||14.3 years|
|16 kW||$2.41||$26,952||$21,178||14.0 years|
|18 kW||$2.36||$29,676||$24,470||13.7 years|
|20 kW||$2.30||$32,256||$27,906||13.4 years|
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose greatly affects your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you want a specific brand, make sure the solar company you're considering has it.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
EcoWatch's Kettering, OH Solar Cost FAQs
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.