Solar Panel Cost Guide in Findlay, PA (2023 Update)

  • Findlay Solar Installation Cost: $17,320
  • 25-Year Savings: $12,938
  • Payback Period: 17.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Findlay

See how much it might cost to switch to solar power in Findlay.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Findlay, the typical cost of a solar system is 4 per watt.The average Findlay homeowner needs a 7.0-kilowatt system, which would cost about $17,320 with the federal tax credit, or $24,768 before the 0 tax credit is applied.

These figures are only averages, and how much solar costs for you will most likely look different based on your energy needs and what company you go with.With average savings of about $14,000 on utility bills over 20 years, many homeowners in Findlay find investing in solar can be quite rewarding.

To see your potential ROI and connect with a local solar installer, click the button below.

Solar savings over time in Findlay

Year Return on Investment
1 years $-15,683
3 years $-12,410
5 years $-9,136
7 years $-5,862
9 years $-2,588
11 years $686
13 years $3,960
15 years $7,233
17 years $10,507
19 years $13,781
21 years $17,055
23 years $20,329
25 years $23,603

Top Solar Installers in Findlay

Although it's possible to install solar panels by yourself, it takes extra energy and expertise. Because of that, most homeowners choose to go with a solar panel installer. Another good thing about going with a reliable solar installer is that it'll provide warranties and free repairs, which help protect your investment.

There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

See all of the solar companies in Findlay

Factors that Affect Solar Panel Costs in Findlay

The cost of installing a solar system in Findlay can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

When it comes to estimating the cost of a solar system in Findlay, 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 usage, which you can determine by looking at past power bills. Your overall cost can increase by about $3,550 for each additional kilowatt you need.The 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, more efficient panels could save you more over time on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Findlay average.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Findlay, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.

Solar Panel Installation Company

The final key cost factor you should take into consideration is the installer you choose. Given the growing popularity of green energy solutions in Findlay, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.The size of the company can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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 $3.69 $15,506 $6,341 17.7 years
8 kW $3.62 $20,278 $8,852 17.4 years
10 kW $3.55 $24,850 $11,562 17.1 years
12 kW $3.48 $29,224 $14,470 16.7 years
14 kW $3.41 $33,398 $17,578 16.4 years
16 kW $3.34 $37,374 $20,884 16.0 years
18 kW $3.27 $41,152 $24,389 15.7 years
20 kW $3.19 $44,730 $28,093 15.4 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Warranty: If you’re worried about the durability of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
  • Contract: When reading over your solar installer’s contract, ask questions 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.
  • Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
  • Installation Process: When making the switch to solar power, it’s necessary to keep an open line of communication with your solar panel company. Confirm that you understand how the installation process will go and the project timeline.

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Findlay, PA Solar Cost FAQs

How much does it cost to install solar panels in Findlay?

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Is it better to lease or buy solar panels in Findlay?

Leasing solar panels can be an attractive choice, as it typically 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.

How much can I save on energy bills after installing solar panels?

Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $728.23 per year.

How long do solar panels last in Findlay?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.

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.

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