Solar Panel Cost Guide in Grove City, OH (2024 Update)
- Grove City Solar Installation Cost: $18,014
- 25-Year Savings: $18,586
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Grove City
Let’s take a look at the average cost of solar in Grove City.
The average cost of a solar system in Grove City is 3 per watt.To account for the typical energy needs of the average home in Grove City, most homeowners require a 7.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,014, or $25,760 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average Grove City homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $16,000 on energy bills over 20 years, many homeowners in Grove City find installing solar panels can pay off big.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Grove City
| Year | Return on Investment |
|---|---|
| 1 years | $-16,794 |
| 3 years | $-14,353 |
| 5 years | $-11,913 |
| 7 years | $-9,472 |
| 9 years | $-7,032 |
| 11 years | $-4,592 |
| 13 years | $-2,151 |
| 15 years | $289 |
| 17 years | $2,730 |
| 19 years | $5,170 |
| 21 years | $7,611 |
| 23 years | $10,051 |
| 25 years | $12,492 |
Top Solar Installers in Grove City
When switching to solar energy, many homeowners opt to go with a solar company since handling can be a difficult project. Local solar installers can also help you optimize your return on investment by assisting with any local incentives and by offering warranties and repairs.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
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 Grove City
Factors that Affect Solar Panel Costs in Grove City
Although the average cost of a solar system in Grove City is $18,014, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $3,410 per kilowatt in Grove City.The brand and kind of equipment you want 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 will be looking at 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 increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Grove City homeowners decide to finance their solar panel systems to offset upfront costs.It’s wise to factor 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 back the loan.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.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 find a company that has the products, warranties and services you want and also fit into 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 | $10,634 | 14.6 years |
| 8 kW | $3.48 | $19,478 | $14,560 | 14.3 years |
| 10 kW | $3.41 | $23,870 | $18,678 | 14.0 years |
| 12 kW | $3.34 | $28,071 | $22,986 | 13.7 years |
| 14 kW | $3.27 | $32,081 | $27,485 | 13.5 years |
| 16 kW | $3.21 | $35,900 | $32,176 | 13.2 years |
| 18 kW | $3.14 | $39,529 | $37,057 | 12.9 years |
| 20 kW | $3.07 | $42,966 | $42,129 | 12.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the completion timeline.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
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 Grove City, OH Solar Cost FAQs
How much does it cost to install solar panels in Grove City?
The average cost of solar panels in Grove City is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Grove City?
Solar panels aren’t free in Grove City, 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 can help lower the cost.
Can solar panels significantly reduce my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Grove City, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.