Solar Panel Cost Guide in Armagh, PA (2024 Update)
- Armagh Solar Installation Cost: $17,079
- 25-Year Savings: $14,968
- Payback Period: 15.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Armagh
We go over average solar pricing in Armagh.
In Armagh, solar panels cost about 4 per watt on average.To account for the typical energy usage of the average home in Armagh, most homeowners require a 6.9-kilowatt system. Using the figure above, a solar installation costs about $17,079, or $24,423 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what company you go with.Many homeowners find installing a solar system is a sound investment. The average homeowner in Armagh can save about $15,000 on their electricity bills over 20 years.
To get a free quote from a top solar company in Armagh, you can click the button below.
Solar savings over time in Armagh
| Year | Return on Investment |
|---|---|
| 1 years | $-15,601 |
| 3 years | $-12,646 |
| 5 years | $-9,691 |
| 7 years | $-6,736 |
| 9 years | $-3,781 |
| 11 years | $-827 |
| 13 years | $2,128 |
| 15 years | $5,083 |
| 17 years | $8,038 |
| 19 years | $10,993 |
| 21 years | $13,948 |
| 23 years | $16,903 |
| 25 years | $19,858 |
Top Solar Installers in Armagh
When going solar, many homeowners choose to go with a solar installer since putting up a solar system yourself can be a challenging project. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
If you’d like to go solar but still aren’t certain which solar panel company to go with, here are our recommendations for providers nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- 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 Armagh
Factors that Affect Solar Panel Costs in Armagh
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Armagh: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of solar panels in Armagh, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $3,550 for each additional kilowatt you need.The model of solar panels and equipment you want is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of 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 for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a solid route 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’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the growing popularity of sustainable energy solutions in Armagh, you’ll have many options to choose from, but each comes at different price points for labor and equipment.The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $8,271 | 16.3 years |
| 8 kW | $3.62 | $20,278 | $11,426 | 16.0 years |
| 10 kW | $3.55 | $24,850 | $14,779 | 15.7 years |
| 12 kW | $3.48 | $29,224 | $18,331 | 15.4 years |
| 14 kW | $3.41 | $33,398 | $22,082 | 15.0 years |
| 16 kW | $3.34 | $37,374 | $26,032 | 14.7 years |
| 18 kW | $3.27 | $41,152 | $30,181 | 14.4 years |
| 20 kW | $3.19 | $44,730 | $34,528 | 14.1 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose considerably impacts your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what you need to do before your solar system is installed, such as updating your electrical system or roof.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Armagh, PA Solar Cost FAQs
What is the average cost of installing solar panels in Armagh?
The average cost of solar panels in Armagh is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Armagh?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
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 decide to replace them once you've had them for that long or you can keep using 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.