Solar Panel Cost Guide in Landen, OH (2023 Update)
- Landen Solar Installation Cost: $13,332
- 25-Year Savings: $10,856
- Payback Period: 13.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Landen
We go over average solar pricing in Landen.
While the national average of solar panels is $2.66 per watt, solar panels in Landen generally cost around 2.56. The average Landen homeowner needs a 7.4-kilowatt system, which would cost about $13,332 with the federal tax credit, or $19,065 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of installing solar panels can vary based on a few factors, such as how many panels you need, your energy usage and what solar installer you go with. But, once you've paid the initial cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $12,000 over 20 years on energy bills.
You can click the button below to get connected with a vetted solar company in Landen for a quote for your home.
Solar savings over time in Landen
| Year | Return on Investment |
|---|---|
| 1 years | $-12,365 |
| 3 years | $-10,430 |
| 5 years | $-8,495 |
| 7 years | $-6,560 |
| 9 years | $-4,625 |
| 11 years | $-2,690 |
| 13 years | $-754 |
| 15 years | $1,181 |
| 17 years | $3,116 |
| 19 years | $5,051 |
| 21 years | $6,986 |
| 23 years | $8,921 |
| 25 years | $10,856 |
Top Solar Installers in Landen
Although you can install solar panels yourself, it takes extra time and expertise. For that reason, most people choose a solar panel installer. Plus, if you'd like to maximize your investment in solar power, going with a solar company can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
If you'd like to make the switch to solar but still aren't certain which solar panel company to go with, here are our recommendations for providers in Landen:
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 Landen
Factors that Affect Solar Panel Costs in Landen
There are several factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
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 electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,560 per kilowatt in Landen. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Landen, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Landen homeowners choose to finance their solar panel systems to make paying for 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can influence the cost. Landen's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $8,334 | 14.3 years |
| 8 kW | $2.61 | $14,623 | $11,399 | 14.0 years |
| 10 kW | $2.56 | $17,920 | $14,607 | 13.8 years |
| 12 kW | $2.51 | $21,074 | $17,959 | 13.5 years |
| 14 kW | $2.46 | $24,084 | $21,454 | 13.2 years |
| 16 kW | $2.41 | $26,952 | $25,092 | 12.9 years |
| 18 kW | $2.36 | $29,676 | $28,874 | 12.7 years |
| 20 kW | $2.30 | $32,256 | $32,799 | 12.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Long-standing companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before making your decision.
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 Landen, OH Solar Cost FAQs
How much does it cost to install solar panels in Landen?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Landen?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How long do solar panels last in Landen?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had 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.