Solar Panel Cost Guide in Paint, OH (2023 Update)
- Paint Solar Installation Cost: $13,279
- 25-Year Savings: $15,286
- Payback Period: 11.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Paint
Let's take a look at the average cost of solar panels in Paint.
Although the national average of solar panels is $2.66 per watt, solar panels in Paint typically cost about 2.56. Using this figure, a typical 7.4-kW system would cost about $13,279 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary depending on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with. Even with the large initial cost, the average Paint homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a highly rated solar panel company in Paint for a custom estimate.
Solar savings over time in Paint
| Year | Return on Investment |
|---|---|
| 1 years | $-12,136 |
| 3 years | $-9,851 |
| 5 years | $-7,566 |
| 7 years | $-5,281 |
| 9 years | $-2,996 |
| 11 years | $-710 |
| 13 years | $1,575 |
| 15 years | $3,860 |
| 17 years | $6,145 |
| 19 years | $8,430 |
| 21 years | $10,715 |
| 23 years | $13,000 |
| 25 years | $15,286 |
Top Solar Installers in Paint
Installing solar panels by yourself can be a challenging undertaking, which is why getting a solar installer is a good option for many homeowners. Plus, if you aren't sure what brand of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Paint:
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 Paint
Factors that Affect Solar Panel Costs in Paint
While the average cost of a solar system in Paint is $13,279, your final cost may differ. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
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 electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,560 per kilowatt in Paint. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Paint, where sunlight is relatively 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 Paint to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to higher prices over time because of interest. Even though solar loans make adopting solar energy more accessible for Paint homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you choose to handle your switch to solar energy can play a part in your total costs. There are about 3 solar installation companies in Paint, and each can charge varying amounts for labor and equipment. The company's size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better 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 down 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 | $11,938 | 12.1 years |
| 8 kW | $2.61 | $14,623 | $16,204 | 11.9 years |
| 10 kW | $2.56 | $17,920 | $20,613 | 11.6 years |
| 12 kW | $2.51 | $21,074 | $25,166 | 11.4 years |
| 14 kW | $2.46 | $24,084 | $29,862 | 11.2 years |
| 16 kW | $2.41 | $26,952 | $34,702 | 10.9 years |
| 18 kW | $2.36 | $29,676 | $39,684 | 10.7 years |
| 20 kW | $2.30 | $32,256 | $44,811 | 10.5 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Paint, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- 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 hire.
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 Paint, OH Solar Cost FAQs
How much does it cost to install solar panels in Paint?
The average cost of solar panels in Paint 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 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 Paint?
You can't get solar panels for free in Paint. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Paint have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 replace them once you've had them for that long or you can keep using 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.