Solar Panel Cost Guide in Reynoldsburg, OH (2025 Update)
- Reynoldsburg Solar Installation Cost: $18,026
- 25-Year Savings: $19,489
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Reynoldsburg
We break down average solar pricing in Reynoldsburg.
While the national average of solar panels is $2.66 per watt, solar panels in Reynoldsburg typically cost around 3.Since a 7.6-kW system is needed to cover the energy consumption of a typical home in Reynoldsburg, the average price of going solar will be about $18,026 after claiming the federal solar tax credit of 0.
How much you pay can be above or below the average in Reynoldsburg depending on several factors, such as the type of solar panels you choose and the solar company you hire.With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Reynoldsburg find installing solar panels 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 Reynoldsburg
| Year | Return on Investment |
|---|---|
| 1 years | $-16,746 |
| 3 years | $-14,185 |
| 5 years | $-11,624 |
| 7 years | $-9,063 |
| 9 years | $-6,503 |
| 11 years | $-3,942 |
| 13 years | $-1,381 |
| 15 years | $1,180 |
| 17 years | $3,740 |
| 19 years | $6,301 |
| 21 years | $8,862 |
| 23 years | $11,422 |
| 25 years | $13,983 |
Top Solar Installers in Reynoldsburg
Although it's possible to install solar panels on your own, it takes extra time and know-how. Because of that, the majority of homeowners choose to go with a solar panel installer. Plus, if you’re not certain what type of solar panels and equipment you want, a solar expert can help you figure that out after a site survey and consultation.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Reynoldsburg
Factors that Affect Solar Panel Costs in Reynoldsburg
There are a number of factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,410.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Reynoldsburg average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Reynoldsburg homeowners opt to finance their solar panel systems to offset upfront costs.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Reynoldsburg, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.The size of the company sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $11,341 | 14.2 years |
| 8 kW | $3.48 | $19,478 | $15,504 | 13.9 years |
| 10 kW | $3.41 | $23,870 | $19,857 | 13.6 years |
| 12 kW | $3.34 | $28,071 | $24,401 | 13.4 years |
| 14 kW | $3.27 | $32,081 | $29,137 | 13.1 years |
| 16 kW | $3.21 | $35,900 | $34,063 | 12.8 years |
| 18 kW | $3.14 | $39,529 | $39,180 | 12.6 years |
| 20 kW | $3.07 | $42,966 | $44,488 | 12.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Reynoldsburg, OH Solar Cost FAQs
What is the average cost of installing solar panels in Reynoldsburg?
The average cost of solar panels in Reynoldsburg is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will installing solar panels impact how much my home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Reynoldsburg is currently $278,639, so you could be looking at a value of about $11,424 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Reynoldsburg is a rewarding investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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 get 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.