Solar Panel Cost Guide in Perry, OH (2023 Update)
- Perry Solar Installation Cost: $13,942
- 25-Year Savings: $13,247
- Payback Period: 12.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Perry
We break down average solar pricing in Perry.
In Perry, 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.
These figures are only estimates, and the cost of going solar for you will look different based on your energy needs and what company you want to go with. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Perry can save about $13,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar installer in Perry for a quote for your home.
Solar savings over time in Perry
| Year | Return on Investment |
|---|---|
| 1 years | $-12,854 |
| 3 years | $-10,679 |
| 5 years | $-8,504 |
| 7 years | $-6,329 |
| 9 years | $-4,154 |
| 11 years | $-1,979 |
| 13 years | $196 |
| 15 years | $2,371 |
| 17 years | $4,546 |
| 19 years | $6,722 |
| 21 years | $8,897 |
| 23 years | $11,072 |
| 25 years | $13,247 |
Top Solar Installers in Perry
Installing solar panels yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar companies offer can be helpful as well, particularly if you don't quite know what kind of solar equipment you need.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Perry
Factors that Affect Solar Panel Costs in Perry
Though the average cost of a solar system in Perry is $13,942, your actual cost may be higher or lower than that. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,560. There are a lot of different solar panel brands and the one you pick also affects the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to get 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
Many homeowners find the average cost of solar in Perry to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to paying more over time due to interest. Though solar loans make adopting solar energy more accessible for Perry homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Perry, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger 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 | $9,794 | 13.3 years |
| 8 kW | $2.61 | $14,623 | $13,346 | 13.1 years |
| 10 kW | $2.56 | $17,920 | $17,041 | 12.8 years |
| 12 kW | $2.51 | $21,074 | $20,879 | 12.6 years |
| 14 kW | $2.46 | $24,084 | $24,860 | 12.3 years |
| 16 kW | $2.41 | $26,952 | $28,985 | 12.0 years |
| 18 kW | $2.36 | $29,676 | $33,254 | 11.8 years |
| 20 kW | $2.30 | $32,256 | $37,665 | 11.5 years |
How to Save on Solar Panels
There are many companies to choose from in Perry, 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:
- Contract: It's important to read through your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer quality solar panel installation and expertise.
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 Perry, OH Solar Cost FAQs
What is the average cost of installing solar panels in Perry?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $12,800 for a 5-kW system and $25,600 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Perry have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
What solar power system size is right for 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 house 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.