Solar Panel Cost Guide in Landen, OH (2023 Update)
- Landen Solar Installation Cost: $13,326
- 25-Year Savings: $10,863
- Payback Period: 13.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Landen
Find out what the average cost of installing solar panels is in Landen.
Although the national average of solar panels is $2.66 per watt, solar panels in Landen typically 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 how much a solar panel system could cost. The true cost of installing solar panels can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what installation company you go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Landen can save around $12,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Landen for a quote for your home.
Solar savings over time in Landen
| Year | Return on Investment |
|---|---|
| 1 years | $-13,245 |
| 3 years | $-13,084 |
| 5 years | $-12,923 |
| 7 years | $-12,762 |
| 9 years | $-12,600 |
| 11 years | $-12,439 |
| 13 years | $-12,278 |
| 15 years | $-12,116 |
| 17 years | $-11,955 |
| 19 years | $-11,794 |
| 21 years | $-11,633 |
| 23 years | $-11,471 |
| 25 years | $-11,310 |
Top Solar Installers in Landen
When making the switch to solar, many homeowners opt to go with a solar installer since putting up solar panels yourself can be a time-consuming project. Local solar companies can also help you optimize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Landen
Factors that Affect Solar Panel Costs in Landen
There are many criteria that can determine your solar panel 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
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise 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. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies operating in Landen, and each can charge varying amounts for labor and equipment. The company's size can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater 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 discount can bring their pricing lower 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 | $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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- 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
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.