Solar Panel Cost Guide in Mason, OH (2023 Update)
- Mason Solar Installation Cost: $13,326
- 25-Year Savings: $11,623
- Payback Period: 13.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Mason
See how much it might cost to switch to solar power in Mason.
The national average cost of solar panels is $2.66 per watt, but in Mason it's 2.56 per watt. Using this figure, a typical 7.4-kW system would cost about $13,332 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Mason homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. With average savings of about $13,000 on electricity bills over 20 years, many homeowners in Mason find installing solar panels has a decent ROI.
To get a free quote from a vetted solar installer in Mason, you can click the button below.
Solar savings over time in Mason
Year | Return on Investment |
---|---|
1 years | $-12,161 |
3 years | $-9,831 |
5 years | $-7,501 |
7 years | $-5,171 |
9 years | $-2,841 |
11 years | $-511 |
13 years | $1,819 |
15 years | $4,149 |
17 years | $6,479 |
19 years | $8,809 |
21 years | $11,139 |
23 years | $13,469 |
25 years | $15,799 |
Top Solar Installers in Mason
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar company can make converting to solar power much easier. Another benefit of working with a solar installer is that they can help you optimize your return of investment by lowering your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
If you'd like to start using solar energy but still aren't sure which solar panel company to go with, here are our recommendations for providers in Mason:
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 Mason
Factors that Affect Solar Panel Costs in Mason
The cost of installing a solar system in Mason can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most important 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 power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,560 per kilowatt in Mason. There are a lot of different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid choice because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Mason, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $8,948 | 13.9 years |
8 kW | $2.61 | $14,623 | $12,217 | 13.6 years |
10 kW | $2.56 | $17,920 | $15,630 | 13.4 years |
12 kW | $2.51 | $21,074 | $19,186 | 13.1 years |
14 kW | $2.46 | $24,084 | $22,886 | 12.8 years |
16 kW | $2.41 | $26,952 | $26,728 | 12.6 years |
18 kW | $2.36 | $29,676 | $30,715 | 12.3 years |
20 kW | $2.30 | $32,256 | $34,844 | 12.0 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 decide on the right company for you, here are some tips to keep in mind:
- Warranty: If you're worried about the durability of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which installer you should choose, since different companies provide different panels.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Mason, OH Solar Cost FAQs
What is the average cost of installing solar panels in Mason?
This is a tough question to answer exactly, because the cost depends on a few different 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. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Mason?
You can't get solar panels for free in Mason. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Mason?
Most states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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 install 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.