Solar Panel Cost Guide in Paulding, OH (2025 Update)
- Paulding Solar Installation Cost: $18,161
- 25-Year Savings: $16,015
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Paulding
Find out what the average cost of installing solar panels is in Paulding.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Paulding, the average cost of a solar system is 3 per watt.The average solar panel system size in Paulding is around 7.6 kilowatts, meaning a cost of about $18,161 for a solar installation, or $25,970 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Paulding depending on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.With typical savings of about $15,000 on energy bills over 20 years, many homeowners in Paulding find investing in solar can be quite rewarding.
Click the button below to get connected to a reputable solar company in your area for a customized quote.
Solar savings over time in Paulding
| Year | Return on Investment |
|---|---|
| 1 years | $-16,829 |
| 3 years | $-14,165 |
| 5 years | $-11,501 |
| 7 years | $-8,837 |
| 9 years | $-6,173 |
| 11 years | $-3,509 |
| 13 years | $-845 |
| 15 years | $1,819 |
| 17 years | $4,483 |
| 19 years | $7,147 |
| 21 years | $9,812 |
| 23 years | $12,476 |
| 25 years | $15,140 |
Top Solar Installers in Paulding
Putting up solar panels yourself can be a stressful task, which is why hiring a solar installation company is a good option for many homeowners. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Paulding
Factors that Affect Solar Panel Costs in Paulding
There are many factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar system in Paulding, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by about $3,410 for each additional kilowatt you need.There are several different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Paulding offer solar loans, which reduce your upfront costs of installing solar panels.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies in Paulding, and each can charge varying amounts for labor and equipment.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $8,487 | 15.9 years |
| 8 kW | $3.48 | $19,478 | $11,697 | 15.6 years |
| 10 kW | $3.41 | $23,870 | $15,099 | 15.3 years |
| 12 kW | $3.34 | $28,071 | $18,692 | 15.0 years |
| 14 kW | $3.27 | $32,081 | $22,475 | 14.7 years |
| 16 kW | $3.21 | $35,900 | $26,450 | 14.4 years |
| 18 kW | $3.14 | $39,529 | $30,616 | 14.1 years |
| 20 kW | $3.07 | $42,966 | $34,972 | 13.8 years |
How to Save on Solar Panels
There are numerous companies available in Paulding, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Companies that have been operating for many years likely have a high 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 support, such as part repairs and replacements.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
EcoWatch's Paulding, OH Solar Cost FAQs
How much does it cost to install solar panels in Paulding?
This is a tough question to answer exactly, 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 other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Paulding?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on energy bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Paulding, that will require at least a 10-kW system. Not all homes can accommodate 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 long do solar panels last in Paulding?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.