Solar Panel Cost Guide in Orange, OH (2024 Update)
- Orange Solar Installation Cost: $18,184
- 25-Year Savings: $18,174
- Payback Period: 14.3 Years
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Average Cost of Solar Panels in Orange
We break down average solar pricing in Orange.
The national average cost of solar panels is $2.66 per watt, but in Orange it’s 3 per watt.Since a 7.6-kW system is needed to cover the energy usage of a typical home in Orange, the average price of going solar will be about $18,184 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of installing solar panels can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what company you go with.But, once you've paid the initial cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $16,000 over 20 years on electricity bills.
To get a free estimate from a top solar installation company in Orange, you can click the button below.
Solar savings over time in Orange
| Year | Return on Investment |
|---|---|
| 1 years | $-16,914 |
| 3 years | $-14,376 |
| 5 years | $-11,837 |
| 7 years | $-9,298 |
| 9 years | $-6,759 |
| 11 years | $-4,221 |
| 13 years | $-1,682 |
| 15 years | $857 |
| 17 years | $3,396 |
| 19 years | $5,935 |
| 21 years | $8,473 |
| 23 years | $11,012 |
| 25 years | $13,551 |
Top Solar Installers in Orange
Many homeowners opt for a solar installation company since installing solar panels by yourself can be a labor-intensive endeavor. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Orange
Factors that Affect Solar Panel Costs in Orange
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Orange: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Orange, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can determine by looking at past electricity bills. Your overall cost can increase by around $3,410 for each additional kilowatt you need.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space 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. Plus, 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 utility bills over many years, but they can also be a significant investment. That’s why many Orange homeowners decide 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 decide on a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Orange is the company you get to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services at different costs.Additionally, some companies in Orange are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $10,171 | 14.9 years |
| 8 kW | $3.48 | $19,478 | $13,944 | 14.6 years |
| 10 kW | $3.41 | $23,870 | $17,907 | 14.3 years |
| 12 kW | $3.34 | $28,071 | $22,061 | 14.0 years |
| 14 kW | $3.27 | $32,081 | $26,407 | 13.7 years |
| 16 kW | $3.21 | $35,900 | $30,943 | 13.4 years |
| 18 kW | $3.14 | $39,529 | $35,670 | 13.1 years |
| 20 kW | $3.07 | $42,966 | $40,588 | 12.9 years |
How to Save on Solar Panels
There are numerous companies available in Orange, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Orange, OH Solar Cost FAQs
How much does it cost to install solar panels in Orange?
The average cost of solar panels in Orange is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Orange?
A solar panel system isn’t free in Orange, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase your property value?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use 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.