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Top Solar Installers in Altoona
Installing solar panels yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy use, but going with a solar company can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Altoona
Factors that Affect Solar Panel Costs in Altoona
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Altoona: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment Size
Size is one of the largest factors that affects the overall cost of going solar. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to consider 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
If paying for solar panels in cash is difficult, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Although solar loans make switching to solar energy more accessible for Altoona homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Altoona, and each can charge varying amounts for labor and equipment. Additionally, some companies in Altoona have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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||$2.65||$11,775||$15,052||11.0 years|
|8 kW||$2.60||$15,398||$20,371||10.8 years|
|10 kW||$2.55||$18,870||$25,841||10.6 years|
|12 kW||$2.50||$22,191||$31,462||10.3 years|
|14 kW||$2.45||$25,361||$37,234||10.1 years|
|16 kW||$2.40||$28,380||$43,157||9.9 years|
|18 kW||$2.35||$31,249||$49,231||9.7 years|
|20 kW||$2.29||$33,966||$55,455||9.5 years|
Solar Incentives in Altoona
|Name||Solar Alternative Energy Credits|
|Incentive Amount||Varies based on market conditions; during 2015 the market price for PA-sourced SRECs has ranged from approximately $32 - $55/MWh ($0.032 - $0.055/kWh) although individual trades have taken place at substantially lower and higher prices.|
|Incentive Max||Varies based on market conditions; SACP does not represent a price ceiling because it is only determined after the fact|
|More Info||Click here|
|Name||High Performance Building Incentives Program|
|Incentive Amount||Vary by project, but program generally requires matching funds at least equivalent to DCED funding|
|Incentive Max|| Residential loans/loan guarantees: $100,000 |
Commercial loans/loan guarantees: $2 million
Grants: Lesser of 10% of project costs or $500,000
|More Info||Click here|
How to Save on Solar Panels
There are a large number of companies to choose from in Altoona, 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:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Different companies have various brands and models of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Altoona, PA Solar Cost FAQs
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.