Solar Panel Cost Guide in Osnaburg, OH (2024 Update)
- Osnaburg Solar Installation Cost: $18,563
- 25-Year Savings: $15,346
- Payback Period: 15.8 Years
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Average Cost of Solar Panels in Osnaburg
Let’s have a look at the average cost of solar in Osnaburg.
In Osnaburg, solar panels cost about 3 per watt on average.The average Osnaburg homeowner needs a 7.8-kilowatt system, which would cost about $18,563 with the federal tax credit, or $26,545 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Osnaburg homeowners. The cost 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 $14,000 on electricity bills over 20 years, many homeowners in Osnaburg 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 custom estimate.
Solar savings over time in Osnaburg
| Year | Return on Investment |
|---|---|
| 1 years | $-17,276 |
| 3 years | $-14,701 |
| 5 years | $-12,127 |
| 7 years | $-9,552 |
| 9 years | $-6,977 |
| 11 years | $-4,403 |
| 13 years | $-1,828 |
| 15 years | $746 |
| 17 years | $3,321 |
| 19 years | $5,896 |
| 21 years | $8,470 |
| 23 years | $11,045 |
| 25 years | $13,619 |
Top Solar Installers in Osnaburg
Although it's possible to install solar panels by yourself, it involves extra labor and handiness. That's why almost all homeowners choose to hire a solar panel installer. Local solar installers can also help you optimize your return on investment by walking you through any local incentives and by providing warranties and repairs.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Osnaburg
Factors that Affect Solar Panel Costs in Osnaburg
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Osnaburg: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
One of the most significant 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 energy your household consumes, the larger your system will likely need to be. You can expect to pay about $3,410 per kilowatt in Osnaburg.There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Osnaburg homeowners opt to finance their solar panel systems to offset upfront costs.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Some companies only sell high-quality, high-efficiency and high-price 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 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 | $3.55 | $14,895 | $7,697 | 16.5 years |
| 8 kW | $3.48 | $19,478 | $10,644 | 16.2 years |
| 10 kW | $3.41 | $23,870 | $13,783 | 15.8 years |
| 12 kW | $3.34 | $28,071 | $17,112 | 15.5 years |
| 14 kW | $3.27 | $32,081 | $20,633 | 15.2 years |
| 16 kW | $3.21 | $35,900 | $24,344 | 14.9 years |
| 18 kW | $3.14 | $39,529 | $28,246 | 14.6 years |
| 20 kW | $3.07 | $42,966 | $32,340 | 14.3 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 models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Contract: When looking over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: Not all solar installers offer 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.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
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 Osnaburg, OH Solar Cost FAQs
How much does it cost to install solar panels in Osnaburg?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can solar panels completely eradicate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Osnaburg, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.