Solar Panel Cost Guide in Celina, OH (2024 Update)
- Celina Solar Installation Cost: $17,924
- 25-Year Savings: $14,259
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Celina
We break down average solar pricing in Celina.
In Celina, solar panels cost about 3 per watt on average.To cover the typical energy needs of the average home in Celina, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,924, or $25,631 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Celina homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Celina can save about $14,000 on their energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Celina that can help you get a more accurate cost estimate for your home.
Solar savings over time in Celina
| Year | Return on Investment |
|---|---|
| 1 years | $-16,906 |
| 3 years | $-14,869 |
| 5 years | $-12,833 |
| 7 years | $-10,796 |
| 9 years | $-8,760 |
| 11 years | $-6,723 |
| 13 years | $-4,686 |
| 15 years | $-2,650 |
| 17 years | $-613 |
| 19 years | $1,423 |
| 21 years | $3,460 |
| 23 years | $5,496 |
| 25 years | $7,533 |
Top Solar Installers in Celina
Trying to install solar panels on your own can be a challenging task, which is why getting a solar installation company is a good option for many homeowners. Also, companies with a high reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 Celina
Factors that Affect Solar Panel Costs in Celina
For many Celina homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Celina, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production 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 kind of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Celina to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in higher prices over time due to interest.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Celina, and each can charge different amounts for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that provides the products, warranties and services you want and also fits within your budget.
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 | $7,250 | 16.8 years |
| 8 kW | $3.48 | $19,478 | $10,049 | 16.5 years |
| 10 kW | $3.41 | $23,870 | $13,038 | 16.2 years |
| 12 kW | $3.34 | $28,071 | $16,219 | 15.8 years |
| 14 kW | $3.27 | $32,081 | $19,590 | 15.5 years |
| 16 kW | $3.21 | $35,900 | $23,152 | 15.2 years |
| 18 kW | $3.14 | $39,529 | $26,906 | 14.9 years |
| 20 kW | $3.07 | $42,966 | $30,850 | 14.6 years |
How to Save on Solar Panels
There are numerous companies to choose from in Celina, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. 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, durability 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 Celina, OH Solar Cost FAQs
How much does it cost to install solar panels in Celina?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,050 for a 5-kW system and $34,100 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Celina?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The downside 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 option if you want to maximize your savings.
Is switching to solar power worth it?
Solar panels can be a fruitful investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to 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.