Solar Panel Cost Guide in Avalon, PA (2023 Update)
- Avalon Solar Installation Cost: $12,441
- 25-Year Savings: $17,273
- Payback Period: 10.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Avalon
See how much it might cost to go solar in Avalon.
The national average cost of solar panels is $2.66 per watt, but in Avalon it's 2.55 per watt. The average solar panel system size in Avalon is around 7.0 kilowatts, meaning a cost of about $12,441 for a solar installation, or $17,791 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy consumption, the type of solar panels you want, your solar contractor and more. Despite the significant initial cost, the average Avalon homeowner can save around $16,000 on their power bills over 20 years, which is one of the advantages of solar.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Avalon
| Year | Return on Investment |
|---|---|
| 1 years | $-10,804 |
| 3 years | $-7,531 |
| 5 years | $-4,257 |
| 7 years | $-983 |
| 9 years | $2,291 |
| 11 years | $5,565 |
| 13 years | $8,839 |
| 15 years | $12,112 |
| 17 years | $15,386 |
| 19 years | $18,660 |
| 21 years | $21,934 |
| 23 years | $25,208 |
| 25 years | $28,482 |
Top Solar Installers in Avalon
Many homeowners decide to hire a solar installation company since trying to install solar panels by yourself can be hard. Also, companies with a high reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Avalon:
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 Avalon
Factors that Affect Solar Panel Costs in Avalon
While the average cost of a solar system in Avalon is $12,441, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. There are many different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency 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
Most solar installers in Avalon offer solar loans, which reduce your upfront costs of installing a solar system. You'll have to consider the long-term cost of loans, including the amount of 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 more than the original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Avalon is the company you hire to install your solar panel system. As with choosing a company to install new cabinets, for example, you'll have many options for solar installers that offer a range of services for different budgets. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $14,440 | 10.9 years |
| 8 kW | $2.60 | $14,566 | $19,539 | 10.7 years |
| 10 kW | $2.55 | $17,850 | $24,781 | 10.5 years |
| 12 kW | $2.50 | $20,992 | $30,166 | 10.3 years |
| 14 kW | $2.45 | $23,990 | $35,693 | 10.0 years |
| 16 kW | $2.40 | $26,846 | $41,364 | 9.8 years |
| 18 kW | $2.35 | $29,560 | $47,177 | 9.6 years |
| 20 kW | $2.29 | $32,130 | $53,132 | 9.4 years |
How to Save on Solar Panels
There are many companies to choose from in Avalon, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
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 Avalon, PA Solar Cost FAQs
What is the average cost of installing solar panels in Avalon?
The average cost of solar panels in Avalon is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Avalon?
Leasing solar panels can be an appealing 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 incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
How will installing solar panels impact my home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Avalon is currently $137,800, so you could be looking at a value of about $5,650 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Avalon is a worthwhile investment.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.