Solar Panel Cost Guide in Van Wert, OH (2024 Update)

  • Van Wert Solar Installation Cost: $18,089
  • 25-Year Savings: $17,839
  • Payback Period: 14.4 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 Van Wert

See how much it might cost to go solar in Van Wert.

Although the national average of solar panels is $2.66 per watt, solar panels in Van Wert generally cost about 3.Using this figure, a typical 7.6-kW system would cost about $18,089 before the 0 federal solar tax credit is applied.

The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of making the switch to solar can vary depending on several factors, such as what size system you need, your energy consumption and what installation company you go with.With average savings of about $16,000 on energy bills over 20 years, many homeowners in Van Wert find going solar can pay off big.

You can click the button below to get connected with a pre-vetted solar installer in Van Wert for a quote for your home.

Solar savings over time in Van Wert

Year Return on Investment
1 years $-16,757
3 years $-14,093
5 years $-11,429
7 years $-8,765
9 years $-6,101
11 years $-3,437
13 years $-773
15 years $1,891
17 years $4,555
19 years $7,219
21 years $9,883
23 years $12,547
25 years $15,211

Top Solar Installers in Van Wert

Putting up solar panels yourself can be a stressful undertaking, which is why getting a solar installation company is a good option for many homeowners. Some solar companies, particularly local ones, can help you take advantage of incentives in Van Wert, thereby optimizing your ROI.

You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

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 Van Wert

Factors that Affect Solar Panel Costs in Van Wert

Even though the average cost of a solar system in Van Wert is $18,089, your actual cost may differ. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.

Solar Equipment

The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,410. The kind of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about 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 into a solar system that falls within your budget.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Van Wert, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.

Solar Panel Installation Company

The solar installation company you choose will play a role in your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.

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 $9,981 15.0 years
8 kW $3.48 $19,478 $13,690 14.7 years
10 kW $3.41 $23,870 $17,590 14.4 years
12 kW $3.34 $28,071 $21,681 14.1 years
14 kW $3.27 $32,081 $25,962 13.8 years
16 kW $3.21 $35,900 $30,435 13.5 years
18 kW $3.14 $39,529 $35,099 13.2 years
20 kW $3.07 $42,966 $39,953 13.0 years

How to Save on Solar Panels

There are a large number of companies available in Van Wert, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:

  • Contract: Look through the contract terms thoroughly to make sure you understand the overall cost, project timeline incentives and warranties.
  • Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
  • Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Installation Process: When making the switch to solar power, it’s crucial 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 completion timeline.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

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 Van Wert, OH Solar Cost FAQs

What is the average cost of installing solar panels in Van Wert?

The average cost of solar panels in Van Wert 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 things like the type of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider apart from cost when buying solar panels?

Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Is making the switch to solar worth it?

Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.

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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