Solar Panel Cost Guide in Perrysburg, OH (2023 Update)
- Perrysburg Solar Installation Cost: $13,716
- 25-Year Savings: $14,415
- Payback Period: 12.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Perrysburg
Let's take a look at the average cost of solar panels in Perrysburg.
In Perrysburg, solar panels cost about 2.56 per watt on average. To account for the typical energy needs of the average home in Perrysburg, most homeowners require a 7.7-kilowatt system. Using the figure above, a solar installation costs about $13,709, or $19,604 before the federal solar tax credit of 30% is applied.
The true cost of your system can go higher or lower than the average in Perrysburg depending on several factors, such as the model of solar panels you choose and the solar company you hire. With average savings of about $14,000 on utility bills over 20 years, many homeowners in Perrysburg find investing in solar can pay off big.
To receive a free estimate from a vetted solar installation company in Perrysburg, you can click the button below.
Solar savings over time in Perrysburg
| Year | Return on Investment |
|---|---|
| 1 years | $-13,623 |
| 3 years | $-13,435 |
| 5 years | $-13,247 |
| 7 years | $-13,060 |
| 9 years | $-12,872 |
| 11 years | $-12,685 |
| 13 years | $-12,497 |
| 15 years | $-12,310 |
| 17 years | $-12,122 |
| 19 years | $-11,935 |
| 21 years | $-11,747 |
| 23 years | $-11,560 |
| 25 years | $-11,372 |
Top Solar Installers in Perrysburg
Although it's possible to install solar panels on your own, it takes extra time and knowledge. That's why most homeowners choose to hire a solar panel installer. The expertise that solar installers offer can be valuable as well, especially if you don't quite know what brand of solar equipment would be right for your home.
If you'd like to switch to solar energy but still aren't certain which solar system company to go with, here are our recommendations for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Perrysburg
Factors that Affect Solar Panel Costs in Perrysburg
The cost of installing a solar system in Perrysburg can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, 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 $2,560. There are many different solar panel brands and the one you pick also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install 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 Perrysburg to be too expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in higher prices over time due to interest. However, the interest on solar loans also increases your total costs, so it's important to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Perrysburg is the company you hire to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services at different costs. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 significantly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which company you should go with, since different companies provide different panels.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Perrysburg, OH Solar Cost FAQs
What is the average cost of installing solar panels in Perrysburg?
The average cost of solar panels in Perrysburg 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 things such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Perrysburg?
You can't get solar panels for free in Perrysburg. However, you may still be able to install 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.
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 pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.
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.