Solar Panels in
Sherwood, OH

Updated 9/18/2021

How much do solar panels cost in Sherwood, OH in 2021?

As of September 2021, the average solar panel cost in Sherwood, OH is $2.71/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Sherwood, OH ranges in cost from $11,518 to $15,582, with the average gross price for solar in Sherwood, OH coming in at $13,550. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Sherwood, OH

System Size System Cost System Cost (after ITC)
3 kW $8,130 $6,016
4 kW $10,840 $8,022
5 kW $13,550 $10,027
6 kW $16,260 $12,032
7 kW $18,970 $14,038
8 kW $21,680 $16,043
9 kW $24,390 $18,049
10 kW $27,100 $20,054

2021 average solar panel cost graph in Sherwood, OH

for a 5kW system

Great Price
$11,518 or less
Market Average
$13,550
Above Market
$15,582 or more
Note: Showing cost data for Defiance County, OH.

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local OH incentives, tax credits & rebates.

Payback Period

11.29 Years

20-Year Savings

$21,452

Cost per Watt

$2.71

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Top solar installers in Sherwood, OH

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