Solar Panel Cost Guide in Trimble, OH (2023 Update)
- Trimble Solar Installation Cost: $13,443
- 25-Year Savings: $14,647
- Payback Period: 12.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Trimble
Find out what the average cost of installing solar panels is in Trimble.
The national average cost of solar panels is $2.66 per watt, but in Trimble it's 2.56 per watt. The average solar panel system size in Trimble is around 7.5 kilowatts, meaning a cost of about $13,440 for a solar installation, or $19,219 before the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs will look different based on your energy needs and what company you go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $14,000 over 20 years on energy bills.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Trimble
| Year | Return on Investment |
|---|---|
| 1 years | $-13,349 |
| 3 years | $-13,162 |
| 5 years | $-12,974 |
| 7 years | $-12,787 |
| 9 years | $-12,600 |
| 11 years | $-12,413 |
| 13 years | $-12,225 |
| 15 years | $-12,038 |
| 17 years | $-11,851 |
| 19 years | $-11,664 |
| 21 years | $-11,476 |
| 23 years | $-11,289 |
| 25 years | $-11,102 |
Top Solar Installers in Trimble
When switching to solar energy, many homeowners prefer to use a solar company since overseeing your solar installation yourself can be a difficult project. The expertise that solar installers offer can be helpful as well, especially if you don't quite know what brand of solar equipment would be right for your home.
There are a number of 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 Trimble
Factors that Affect Solar Panel Costs in Trimble
There are many factors that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the price of a solar panel system in Trimble, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $2,560 for each additional kilowatt you need. The kind of solar equipment you choose can increase or decrease your cost 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. However, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Trimble average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are provided by most installers in Trimble, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your overall costs, so it's crucial to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies in Trimble, and each can charge different amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up 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 | $11,285 | 12.4 years |
| 8 kW | $2.61 | $14,623 | $15,334 | 12.2 years |
| 10 kW | $2.56 | $17,920 | $19,526 | 12.0 years |
| 12 kW | $2.51 | $21,074 | $23,861 | 11.7 years |
| 14 kW | $2.46 | $24,084 | $28,339 | 11.5 years |
| 16 kW | $2.41 | $26,952 | $32,961 | 11.2 years |
| 18 kW | $2.36 | $29,676 | $37,726 | 11.0 years |
| 20 kW | $2.30 | $32,256 | $42,635 | 10.8 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose significantly affects your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Make sure you're on the same page with the company with regard to 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.
- Solar Panel Brands: The kind of solar panel you need to get plays a role in which installer you should opt for, since different companies provide different panels.
- Warranty: If you're concerned about the endurance of your solar system, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: When looking 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 part breaking or the company going 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 Trimble, OH Solar Cost FAQs
What is the average cost of installing solar panels in Trimble?
The average cost of solar panels in Trimble 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 stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Trimble?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $748.91 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage 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 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.