Solar Panel Cost Guide in Perrysburg, OH (2023 Update)
- Perrysburg Solar Installation Cost: $13,709
- 25-Year Savings: $14,422
- Payback Period: 12.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Perrysburg
Find out what the average cost of installing solar panels is in Perrysburg.
The national average cost of solar panels is $2.66 per watt, but in Perrysburg it's 2.56 per watt. The average Perrysburg homeowner needs a 7.7-kilowatt system, which would cost about $13,709 with the federal tax credit, or $19,604 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. With typical savings of about $14,000 on power bills over 20 years, many homeowners in Perrysburg find installing solar panels can pay off big.
To receive a free estimate from a top solar company in Perrysburg, you can click the button below.
Solar savings over time in Perrysburg
| Year | Return on Investment |
|---|---|
| 1 years | $-12,584 |
| 3 years | $-10,333 |
| 5 years | $-8,083 |
| 7 years | $-5,832 |
| 9 years | $-3,582 |
| 11 years | $-1,331 |
| 13 years | $919 |
| 15 years | $3,170 |
| 17 years | $5,420 |
| 19 years | $7,671 |
| 21 years | $9,921 |
| 23 years | $12,172 |
| 25 years | $14,422 |
Top Solar Installers in Perrysburg
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Using an installer can make switching to solar power much easier. Companies can also provide access to quality options of the best solar panels and help you decide which one will be best for your family.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Perrysburg
Factors that Affect Solar Panel Costs in Perrysburg
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Perrysburg: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,560 per kilowatt in Perrysburg. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable 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. However, the interest on solar loans also increases your total costs, so it's important to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can influence how much it costs. Perrysburg's solar companies all have different labor costs and add varying upcharges to equipment. You may come across 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 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 | $2.66 | $11,182 | $10,869 | 12.7 years |
| 8 kW | $2.61 | $14,623 | $14,779 | 12.4 years |
| 10 kW | $2.56 | $17,920 | $18,832 | 12.2 years |
| 12 kW | $2.51 | $21,074 | $23,028 | 11.9 years |
| 14 kW | $2.46 | $24,084 | $27,368 | 11.7 years |
| 16 kW | $2.41 | $26,952 | $31,851 | 11.5 years |
| 18 kW | $2.36 | $29,676 | $36,478 | 11.2 years |
| 20 kW | $2.30 | $32,256 | $41,248 | 11.0 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose greatly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a quality company.
- Contract: When reading over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- 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 system is installed, such as repairing your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Perrysburg, OH Solar Cost FAQs
How much does it cost to install solar panels in Perrysburg?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly 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 extra 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 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 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 home 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.
Is it worth going solar in Perrysburg?
Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.