Solar Panel Cost Guide in Obetz, OH (2025 Update)
- Obetz Solar Installation Cost: $18,014
- 25-Year Savings: $20,477
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Obetz
Find out what the average cost of solar panels are in Obetz.
The national average cost of solar panels is $2.66 per watt, but in Obetz it’s 3 per watt.To cover the typical energy needs of the average home in Obetz, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,014, or $25,760 before the federal solar tax credit of 0 is applied.
These figures are just averages, and how much solar costs for you will most likely vary based on factors unique to your home and what company you want to go with.With average savings of about $17,000 on utility bills over 20 years, many homeowners in Obetz find going solar can be quite rewarding.
Click the button below to get connected to a reputable solar panel company in your area for a customized quote.
Solar savings over time in Obetz
| Year | Return on Investment |
|---|---|
| 1 years | $-16,785 |
| 3 years | $-14,328 |
| 5 years | $-11,870 |
| 7 years | $-9,413 |
| 9 years | $-6,956 |
| 11 years | $-4,498 |
| 13 years | $-2,041 |
| 15 years | $417 |
| 17 years | $2,874 |
| 19 years | $5,331 |
| 21 years | $7,789 |
| 23 years | $10,246 |
| 25 years | $12,704 |
Top Solar Installers in Obetz
Many homeowners decide to hire a solar installer since trying to put up solar panels yourself can be a lot of work. Companies can also provide access to quality options of the best solar panels and help you pick which one will be best for your home.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Obetz
Factors that Affect Solar Panel Costs in Obetz
For many Obetz homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Obetz, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Obetz, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can gauge by looking at past energy bills. Your overall cost can increase by around $3,410 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to get 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
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in Obetz, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s important to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can impact the cost. Obetz’s solar companies all have different labor costs and add varying upcharges to equipment. 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 choose a company that offers the products, warranties and services you’re looking for and also fit into 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 | $3.55 | $14,895 | $12,137 | 13.8 years |
| 8 kW | $3.48 | $19,478 | $16,565 | 13.5 years |
| 10 kW | $3.41 | $23,870 | $21,183 | 13.2 years |
| 12 kW | $3.34 | $28,071 | $25,993 | 13.0 years |
| 14 kW | $3.27 | $32,081 | $30,993 | 12.7 years |
| 16 kW | $3.21 | $35,900 | $36,185 | 12.5 years |
| 18 kW | $3.14 | $39,529 | $41,567 | 12.2 years |
| 20 kW | $3.07 | $42,966 | $47,140 | 11.9 years |
How to Save on Solar Panels
There are many 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:
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
- Solar Panel Brands: The brand of solar panel you want to install plays a part in which installer you should opt for, since different companies have access to different panels.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely offer good-quality solar panel installation and expertise.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
EcoWatch's Obetz, OH Solar Cost FAQs
How much does it cost to install solar panels in Obetz?
The average cost of solar panels in Obetz is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
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.
Do solar panels increase how much your home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Obetz is currently $242,772, which means you can expect a value of about $9,954 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Obetz is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs 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 account for 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.