Solar Panel Cost Guide in Obetz, OH (2023 Update)
- Obetz Solar Installation Cost: $13,530
- 25-Year Savings: $20,471
- Payback Period: 9.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Obetz
Here's how much it might cost to go solar in Obetz.
In Obetz, solar panels cost about 2.56 per watt on average. The average solar panel system size in Obetz is around 7.5 kilowatts, meaning a cost of about $13,530 for a solar installation, or $19,348 before the 30% federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely look different based on your specific situation and what company you choose to go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Obetz can save around $17,000 on their power bills over 20 years.
Click the button below to get connected to a highly rated solar company in Obetz for a personalized quote.
Solar savings over time in Obetz
| Year | Return on Investment |
|---|---|
| 1 years | $-12,170 |
| 3 years | $-9,450 |
| 5 years | $-6,729 |
| 7 years | $-4,009 |
| 9 years | $-1,289 |
| 11 years | $1,431 |
| 13 years | $4,151 |
| 15 years | $6,871 |
| 17 years | $9,591 |
| 19 years | $12,311 |
| 21 years | $15,031 |
| 23 years | $17,751 |
| 25 years | $20,471 |
Top Solar Installers in Obetz
Although it's possible to install solar panels by yourself, it requires extra effort and handiness. Because of that, most people choose to go with a solar panel installer. Plus, if you're not certain what brand of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Obetz
Factors that Affect Solar Panel Costs in Obetz
The cost of installing a solar system in Obetz can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. 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 kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your electric bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Obetz average.
Solar Financing Terms
Most solar companies in Obetz offer solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also increases your total costs, so it's vital to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that offers the products, warranties and services you're looking for and also is within your budget.
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 | $15,850 | 10.3 years |
| 8 kW | $2.61 | $14,623 | $21,420 | 10.1 years |
| 10 kW | $2.56 | $17,920 | $27,133 | 9.9 years |
| 12 kW | $2.51 | $21,074 | $32,990 | 9.7 years |
| 14 kW | $2.46 | $24,084 | $38,990 | 9.5 years |
| 16 kW | $2.41 | $26,952 | $45,133 | 9.3 years |
| 18 kW | $2.36 | $29,676 | $51,420 | 9.1 years |
| 20 kW | $2.30 | $32,256 | $57,850 | 8.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of 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.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Obetz, OH Solar Cost FAQs
What is the average cost of installing solar panels in Obetz?
The average cost of solar panels in Obetz 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.