Solar Panel Cost Guide in Avalon, PA (2024 Update)
- Avalon Solar Installation Cost: $17,320
- 25-Year Savings: $17,273
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Avalon
See how much it might cost to install solar panels in Avalon.
The national average cost of solar panels is $2.66 per watt, but in Avalon it’s 4 per watt.Since a 7.0-kW system is needed to cover the energy consumption of a typical home in Avalon, the average price of going solar will be about $17,320 after claiming the federal solar tax credit of 0.
These figures are only estimates, and the cost of going solar for you may differ based on your specific situation and what company you want to go with.But, once you've paid the initial cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $16,000 over 20 years on energy bills.
To get a free estimate from a pre-vetted solar installer in Avalon, you can click the button below.
Solar savings over time in Avalon
| Year | Return on Investment |
|---|---|
| 1 years | $-15,683 |
| 3 years | $-12,410 |
| 5 years | $-9,136 |
| 7 years | $-5,862 |
| 9 years | $-2,588 |
| 11 years | $686 |
| 13 years | $3,960 |
| 15 years | $7,233 |
| 17 years | $10,507 |
| 19 years | $13,781 |
| 21 years | $17,055 |
| 23 years | $20,329 |
| 25 years | $23,603 |
Top Solar Installers in Avalon
Trying to install solar panels yourself can be a stressful project, 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 needs, but going with a solar company can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
If you’d like to make the switch to solar but still aren’t sure which solar company to go with, here are our suggestions for providers near you:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Avalon
Factors that Affect Solar Panel Costs in Avalon
There are a number of factors that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,550.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are provided by most installers in Avalon, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.When estimating your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the growing popularity of renewable energy solutions in Avalon, you’ll have many options to choose from, but each comes at different price points for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $10,072 | 15.2 years |
| 8 kW | $3.62 | $20,278 | $13,827 | 14.9 years |
| 10 kW | $3.55 | $24,850 | $17,781 | 14.6 years |
| 12 kW | $3.48 | $29,224 | $21,934 | 14.3 years |
| 14 kW | $3.41 | $33,398 | $26,285 | 14.0 years |
| 16 kW | $3.34 | $37,374 | $30,836 | 13.7 years |
| 18 kW | $3.27 | $41,152 | $35,585 | 13.4 years |
| 20 kW | $3.19 | $44,730 | $40,532 | 13.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Contract: Before signing a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Avalon, PA Solar Cost FAQs
How much does it cost to install solar panels in Avalon?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Avalon?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of 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 how much your home is worth?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Avalon?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.