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.
The average cost of a solar panel system in Osnaburg is 3 per watt.The average solar panel system size in Osnaburg is around 7.8 kilowatts, meaning a cost of about $18,563 for a solar installation, or $26,545 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Osnaburg homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the high upfront cost, the average Osnaburg homeowner can save about $14,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a top solar company in Osnaburg that can help you get a more accurate cost estimate for your home.
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
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Using a solar panel installer can make converting to solar power much easier. Some solar companies, especially local ones, can help you take advantage of incentives in Osnaburg, therefore optimizing your ROI.
If you’d like to start using solar energy but still aren’t sure which solar system installer to go with, here are our suggestions for providers near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Osnaburg
Factors that Affect Solar Panel Costs in Osnaburg
While the average cost of a solar system in Osnaburg is $18,563, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $3,410 per kilowatt in Osnaburg.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Osnaburg, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Osnaburg to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.Though solar loans make going solar more accessible for Osnaburg homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installer you pick will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that provides 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 | $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
The solar installer you go with will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Before signing a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- 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 big role in the company you go with.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. 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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
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. Broadly speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout 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 check with a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.