Solar Panel Cost Guide in Huber Heights, OH (2024 Update)
- Huber Heights Solar Installation Cost: $17,908
- 25-Year Savings: $15,038
- Payback Period: 15.7 Years
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Average Cost of Solar Panels in Huber Heights
Find out what the average cost of solar panels are in Huber Heights.
The national average cost of solar panels is $2.66 per watt, but in Huber Heights it’s 3 per watt.Using this figure, a typical 7.5-kW system would cost about $17,908 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will vary based on the amount of energy your home requires and what company you choose to go with.With average savings of about $14,000 on energy bills over 20 years, many homeowners in Huber Heights find installing solar panels can pay off big.
To get a free estimate from a top solar company in Huber Heights, you can click the button below.
Solar savings over time in Huber Heights
| Year | Return on Investment |
|---|---|
| 1 years | $-16,890 |
| 3 years | $-14,853 |
| 5 years | $-12,816 |
| 7 years | $-10,780 |
| 9 years | $-8,743 |
| 11 years | $-6,707 |
| 13 years | $-4,670 |
| 15 years | $-2,633 |
| 17 years | $-597 |
| 19 years | $1,440 |
| 21 years | $3,476 |
| 23 years | $5,513 |
| 25 years | $7,549 |
Top Solar Installers in Huber Heights
Installing solar panels by yourself can be a time-consuming project, which is why using a solar installer is a good option for many homeowners. Another benefit of utilizing a solar installer is that they can help you maximize your ROI by cutting back on future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Huber Heights
Factors that Affect Solar Panel Costs in Huber Heights
Though the average cost of a solar system in Huber Heights is $17,908, your final cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,410 per kilowatt in Huber Heights.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Huber Heights, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Huber Heights homeowners opt to finance their solar panel systems to offset upfront costs.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher 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
Finally, the company you opt for to install your solar panel system can impact your pricing. Huber Heights’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Huber Heights are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $7,884 | 16.3 years |
| 8 kW | $3.48 | $19,478 | $10,894 | 16.0 years |
| 10 kW | $3.41 | $23,870 | $14,095 | 15.7 years |
| 12 kW | $3.34 | $28,071 | $17,487 | 15.4 years |
| 14 kW | $3.27 | $32,081 | $21,070 | 15.1 years |
| 16 kW | $3.21 | $35,900 | $24,843 | 14.8 years |
| 18 kW | $3.14 | $39,529 | $28,808 | 14.5 years |
| 20 kW | $3.07 | $42,966 | $32,964 | 14.1 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on 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:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- 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 considerable role in the company you hire.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
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 Huber Heights, OH Solar Cost FAQs
How much does it cost to install solar panels in Huber Heights?
The average cost of solar panels in Huber Heights 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Huber Heights?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How much can I save on power bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Huber Heights, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.