Solar Panel Cost Guide in Delhi Hills, OH (2024 Update)
- Delhi Hills Solar Installation Cost: $17,636
- 25-Year Savings: $10,949
- Payback Period: 18.2 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Delhi Hills
Let’s have a look at the average cost of solar in Delhi Hills.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Delhi Hills, the average cost of solar panels is 3 per watt.Using this figure, a typical 7.4-kW system would cost about $17,636 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary based on multiple factors, such as what size system you need, your energy usage and what installation company you go with.Despite the large initial cost, the average Delhi Hills homeowner can save around $12,000 on their power bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a vetted solar installation company in Delhi Hills, you can click the button below.
Solar savings over time in Delhi Hills
Year | Return on Investment |
---|---|
1 years | $-16,471 |
3 years | $-14,141 |
5 years | $-11,811 |
7 years | $-9,481 |
9 years | $-7,151 |
11 years | $-4,821 |
13 years | $-2,491 |
15 years | $-161 |
17 years | $2,169 |
19 years | $4,499 |
21 years | $6,828 |
23 years | $9,158 |
25 years | $11,488 |
Top Solar Installers in Delhi Hills
Many homeowners decide to use a solar panel company since trying to put up solar panels by yourself can be hard. Since solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you're searching for a solar installer in Delhi Hills, we've organized a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- 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 Delhi Hills
Factors that Affect Solar Panel Costs in Delhi Hills
For many Delhi Hills homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Delhi Hills, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of solar panels in Delhi Hills, one of the most important 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 determine by looking at past energy bills. Your total cost can increase by around $3,410 for each additional kilowatt you need.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Delhi Hills have solar loans, which reduce the initial cost of installing solar.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can affect your pricing. Delhi Hills’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car 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 | $3.55 | $14,895 | $4,748 | 19.0 years |
8 kW | $3.48 | $19,478 | $6,713 | 18.6 years |
10 kW | $3.41 | $23,870 | $8,868 | 18.2 years |
12 kW | $3.34 | $28,071 | $11,215 | 17.9 years |
14 kW | $3.27 | $32,081 | $13,752 | 17.5 years |
16 kW | $3.21 | $35,900 | $16,481 | 17.1 years |
18 kW | $3.14 | $39,529 | $19,400 | 16.8 years |
20 kW | $3.07 | $42,966 | $22,511 | 16.4 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Delhi Hills, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you care about the durability of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
- Reputation: Make sure your solar installer has a good reputation by confirming 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.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Delhi Hills, OH Solar Cost FAQs
What is the average cost of installing solar panels in Delhi Hills?
The average cost of solar panels in Delhi Hills 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Delhi Hills?
You can’t get solar panels for free in Delhi Hills. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Does Delhi Hills have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Although 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 their energy production will have decreased significantly after that point. You can replace them once you've had 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.