Solar Panel Cost Guide in Perrysburg, OH (2024 Update)
- Perrysburg Solar Installation Cost: $18,271
- 25-Year Savings: $14,162
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Perrysburg
We go over average solar pricing in Perrysburg.
While the national average of solar panels is $2.66 per watt, solar panels in Perrysburg typically cost around 3.The average solar panel system size in Perrysburg is around 7.7 kilowatts, meaning a cost of about $18,271 for a solar installation, or $26,128 before the 0 federal solar tax credit is applied.
These figures are just averages, and how much solar costs for you will most likely look different based on your specific situation and what company you want to go with.With average savings of about $14,000 on energy bills over 20 years, many homeowners in Perrysburg find investing in solar can pay off big.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Perrysburg
| Year | Return on Investment |
|---|---|
| 1 years | $-16,973 |
| 3 years | $-14,379 |
| 5 years | $-11,784 |
| 7 years | $-9,190 |
| 9 years | $-6,595 |
| 11 years | $-4,000 |
| 13 years | $-1,406 |
| 15 years | $1,189 |
| 17 years | $3,783 |
| 19 years | $6,378 |
| 21 years | $8,972 |
| 23 years | $11,567 |
| 25 years | $14,162 |
Top Solar Installers in Perrysburg
Although it's possible to install solar panels by yourself, it requires extra time and know-how. For that reason, almost all homeowners choose to hire a solar panel installer. Solar warranties and repairs are usually included in the cost of installation when you sign a contract with a solar contractor too, which can save you more money after your upfront investment.
If you’d like to start using solar energy but still aren’t certain which solar panel company to go with, here are our suggestions for providers in Perrysburg:
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 Perrysburg
Factors that Affect Solar Panel Costs in Perrysburg
For many Perrysburg homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Perrysburg, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need for your household, 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 around $3,410. The type of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The solar company you choose will influence your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Some companies 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 come at a higher cost. It’s best to do some research and decide on the company that offers the products, warranties and services you want 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 | $7,156 | 16.9 years |
| 8 kW | $3.48 | $19,478 | $9,924 | 16.6 years |
| 10 kW | $3.41 | $23,870 | $12,882 | 16.2 years |
| 12 kW | $3.34 | $28,071 | $16,031 | 15.9 years |
| 14 kW | $3.27 | $32,081 | $19,371 | 15.6 years |
| 16 kW | $3.21 | $35,900 | $22,903 | 15.3 years |
| 18 kW | $3.14 | $39,529 | $26,625 | 14.9 years |
| 20 kW | $3.07 | $42,966 | $30,538 | 14.6 years |
How to Save on Solar Panels
There are a lot of companies available in Perrysburg, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
- Warranty: If you care about the durability of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- 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 how much the equipment and services will cost and the terms of the warranty.
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 Perrysburg, OH Solar Cost FAQs
How much does it cost to install solar panels in Perrysburg?
This is a hard question to answer exactly, because the cost depends on many 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. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Perrysburg?
Leasing solar panels can be an option if you can’t afford 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 financial benefits from going solar.
How will having solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Perrysburg is currently $313,387, so you can expect a value of about $12,849 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Perrysburg is a rewarding investment.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home needs 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 home 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.