Solar Panel Cost Guide in Archbald, PA (2023 Update)
- Archbald Solar Installation Cost: $12,370
- 25-Year Savings: $13,513
- Payback Period: 11.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Archbald
Find out what the average cost of installing solar panels is in Archbald.
In Archbald, solar panels cost about 2.55 per watt on average. Using this figure, a typical 6.9-kW system would cost about $12,370 before the 30% federal solar tax credit is applied.
These figures are just estimates, and your own solar costs may vary based on your specific situation and what company you want to go with. Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Archbald can save around $14,000 on their electricity bills over 20 years.
To get a free quote from a top solar installation company in Archbald, you can click the button below.
Solar savings over time in Archbald
| Year | Return on Investment |
|---|---|
| 1 years | $-10,980 |
| 3 years | $-8,201 |
| 5 years | $-5,422 |
| 7 years | $-2,643 |
| 9 years | $136 |
| 11 years | $2,915 |
| 13 years | $5,695 |
| 15 years | $8,474 |
| 17 years | $11,253 |
| 19 years | $14,032 |
| 21 years | $16,811 |
| 23 years | $19,590 |
| 25 years | $22,369 |
Top Solar Installers in Archbald
When going solar, many homeowners decide to hire a solar installer since handling can be a difficult project. Plus, if you're unsure what type of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Archbald
Factors that Affect Solar Panel Costs in Archbald
The cost of installing a solar system in Archbald can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,550. There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular option because they lower your upfront costs and allow you to pay for your system over five to seven years on average. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar panel installer you choose will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Archbald have more knowledge about local solar incentives and can help you learn about 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 | $2.65 | $11,138 | $11,272 | 12.4 years |
| 8 kW | $2.60 | $14,566 | $15,314 | 12.2 years |
| 10 kW | $2.55 | $17,850 | $19,500 | 11.9 years |
| 12 kW | $2.50 | $20,992 | $23,828 | 11.7 years |
| 14 kW | $2.45 | $23,990 | $28,300 | 11.5 years |
| 16 kW | $2.40 | $26,846 | $32,914 | 11.2 years |
| 18 kW | $2.35 | $29,560 | $37,670 | 11.0 years |
| 20 kW | $2.29 | $32,130 | $42,570 | 10.8 years |
How to Save on Solar Panels
There are many companies available in Archbald, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
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 Archbald, PA Solar Cost FAQs
How much does it cost to install solar panels in Archbald?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Archbald?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
How much can I save on electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Archbald, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.