Solar Panel Cost Guide in Ancient Oaks, PA (2023 Update)
- Ancient Oaks Solar Installation Cost: $11,918
- 25-Year Savings: $13,036
- Payback Period: 11.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Ancient Oaks
Find out what the average cost of solar panel installation is in Ancient Oaks.
Although the national average of solar panels is $2.66 per watt, solar panels in Ancient Oaks typically cost about 2.55. Using this figure, a typical 6.7-kW system would cost about $11,924 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of going solar can vary depending on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with. Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Ancient Oaks can save around $14,000 on their energy bills over 20 years.
To receive a free estimate from a vetted solar installation company in Ancient Oaks, you can click the button below.
Solar savings over time in Ancient Oaks
| Year | Return on Investment |
|---|---|
| 1 years | $-11,835 |
| 3 years | $-11,668 |
| 5 years | $-11,502 |
| 7 years | $-11,335 |
| 9 years | $-11,169 |
| 11 years | $-11,003 |
| 13 years | $-10,836 |
| 15 years | $-10,670 |
| 17 years | $-10,504 |
| 19 years | $-10,337 |
| 21 years | $-10,171 |
| 23 years | $-10,005 |
| 25 years | $-9,838 |
Top Solar Installers in Ancient Oaks
Many homeowners decide to use a solar installer since trying to install solar panels yourself can be hard. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Ancient Oaks
Factors that Affect Solar Panel Costs in Ancient Oaks
For many Ancient Oaks homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Ancient Oaks, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,550. There are several different solar panel brands and the one you choose also affects the cost. Typically, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Ancient Oaks, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, 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 installer you pick will influence your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $11,138 | $11,287 | 12.4 years |
| 8 kW | $2.60 | $14,566 | $15,335 | 12.2 years |
| 10 kW | $2.55 | $17,850 | $19,525 | 11.9 years |
| 12 kW | $2.50 | $20,992 | $23,859 | 11.7 years |
| 14 kW | $2.45 | $23,990 | $28,335 | 11.5 years |
| 16 kW | $2.40 | $26,846 | $32,954 | 11.2 years |
| 18 kW | $2.35 | $29,560 | $37,716 | 11.0 years |
| 20 kW | $2.29 | $32,130 | $42,620 | 10.7 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The brand of solar panel you need to install plays a part in which installer you should go with, since different companies provide different panels.
- Contract: Read the contract terms closely to make sure you understand the overall cost, project completion timeline rebates and warranties.
- Installation Process: When going solar, it's essential to keep an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project completion timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Ancient Oaks, PA Solar Cost FAQs
What is the average cost of installing solar panels in Ancient Oaks?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Ancient Oaks?
Solar panels aren't free in Ancient Oaks, 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.
Is it worth going solar in Ancient Oaks?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Ancient Oaks?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.