Solar Panel Cost Guide in Osnaburg, OH (2023 Update)
- Osnaburg Solar Installation Cost: $13,942
- 25-Year Savings: $15,340
- Payback Period: 11.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Osnaburg
Let's take a look at the average cost of solar in Osnaburg.
In Osnaburg, solar panels cost about 2.56 per watt on average. Using this figure, a typical 7.8-kW system would cost about $13,942 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what solar installer you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Osnaburg can save around $14,000 on their power bills over 20 years.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Osnaburg
| Year | Return on Investment |
|---|---|
| 1 years | $-12,770 |
| 3 years | $-10,428 |
| 5 years | $-8,085 |
| 7 years | $-5,743 |
| 9 years | $-3,400 |
| 11 years | $-1,058 |
| 13 years | $1,285 |
| 15 years | $3,627 |
| 17 years | $5,970 |
| 19 years | $8,313 |
| 21 years | $10,655 |
| 23 years | $12,998 |
| 25 years | $15,340 |
Top Solar Installers in Osnaburg
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using a solar company can make swapping over to solar power much easier. Some solar companies, especially local ones, can help you make the most of incentives in Osnaburg, optimizing your ROI.
If you'd like to go solar but still aren't sure which solar system company to go with, here are our suggestions for providers nearby:
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 Osnaburg
Factors that Affect Solar Panel Costs in Osnaburg
The cost of installing a solar system in Osnaburg can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $2,560 per kilowatt in Osnaburg. The type of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Osnaburg homeowners opt to finance their solar panel systems to make going solar more affordable. Though solar loans make going solar more accessible for Osnaburg homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can impact how much it costs. Osnaburg's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $11,410 | 12.4 years |
| 8 kW | $2.61 | $14,623 | $15,500 | 12.1 years |
| 10 kW | $2.56 | $17,920 | $19,733 | 11.9 years |
| 12 kW | $2.51 | $21,074 | $24,109 | 11.7 years |
| 14 kW | $2.46 | $24,084 | $28,629 | 11.4 years |
| 16 kW | $2.41 | $26,952 | $33,293 | 11.2 years |
| 18 kW | $2.36 | $29,676 | $38,100 | 10.9 years |
| 20 kW | $2.30 | $32,256 | $43,050 | 10.7 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly affects your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Although 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.
- 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 considerable role in the company you opt for.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Osnaburg, OH Solar Cost FAQs
What is the average cost of installing solar panels in Osnaburg?
The average cost of solar panels in Osnaburg 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 certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Osnaburg?
You can't get solar panels for free in Osnaburg. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Does Osnaburg have a net metering program?
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 offer you credit toward your future energy bills.
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 how much sunlight your roof gets. You can take a 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 get 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.
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.