Solar Panel Cost Guide in Shawnee, OH (2023 Update)
- Shawnee Solar Installation Cost: $13,629
- 25-Year Savings: $17,041
- Payback Period: 11.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Shawnee
We break down average solar pricing in Shawnee.
In Shawnee, solar panels cost about 2.56 per watt on average. The average solar panel system size in Shawnee is around 7.6 kilowatts, meaning a cost of about $13,637 for a solar installation, or $19,501 before the 30% federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Shawnee depending on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire. Even with the significant upfront cost, the average Shawnee homeowner can save around $15,000 on their energy bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a highly rated solar company in Shawnee for a custom estimate.
Solar savings over time in Shawnee
| Year | Return on Investment |
|---|---|
| 1 years | $-13,526 |
| 3 years | $-13,322 |
| 5 years | $-13,117 |
| 7 years | $-12,913 |
| 9 years | $-12,708 |
| 11 years | $-12,504 |
| 13 years | $-12,300 |
| 15 years | $-12,095 |
| 17 years | $-11,891 |
| 19 years | $-11,686 |
| 21 years | $-11,482 |
| 23 years | $-11,277 |
| 25 years | $-11,073 |
Top Solar Installers in Shawnee
Although you can install solar panels yourself, it requires extra effort and handiness. Because of that, most homeowners choose to go with a solar panel installer. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.
There are several licensed solar professionals that can install solar panels for you. 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 Shawnee
Factors that Affect Solar Panel Costs in Shawnee
There are a number of criteria that can determine your solar system 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 panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,560. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Shawnee average.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a popular option because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can impact how much it costs. Shawnee's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials 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 | $13,014 | 11.6 years |
| 8 kW | $2.61 | $14,623 | $17,639 | 11.3 years |
| 10 kW | $2.56 | $17,920 | $22,407 | 11.1 years |
| 12 kW | $2.51 | $21,074 | $27,319 | 10.9 years |
| 14 kW | $2.46 | $24,084 | $32,374 | 10.7 years |
| 16 kW | $2.41 | $26,952 | $37,572 | 10.4 years |
| 18 kW | $2.36 | $29,676 | $42,913 | 10.2 years |
| 20 kW | $2.30 | $32,256 | $48,398 | 10.0 years |
How to Save on Solar Panels
The solar panel company you go with will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable 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 verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Shawnee, OH Solar Cost FAQs
What is the average cost of installing solar panels in Shawnee?
The average cost of solar panels in Shawnee is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Shawnee?
Solar panels aren't free in Shawnee, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Shawnee?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
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 larger level 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.