Solar Panel Cost Guide in Baldwin, PA (2023 Update)
- Baldwin Solar Installation Cost: $12,441
- 25-Year Savings: $15,105
- Payback Period: 11.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Baldwin
Here's how much it might cost to go solar in Baldwin.
The average cost of solar panels in Baldwin is 2.55 per watt. To account for the typical energy needs of the average home in Baldwin, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs about $12,441, or $17,791 before the federal solar tax credit of 30% is applied.
The true price you pay can be above or below the average in Baldwin depending on a few factors, such as the type of solar panels you choose and the solar contractor you hire. Despite the high initial cost, the average Baldwin homeowner can save about $15,000 on their energy bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a highly rated solar panel company in Baldwin for a personalized quote.
Solar savings over time in Baldwin
| Year | Return on Investment |
|---|---|
| 1 years | $-11,340 |
| 3 years | $-9,136 |
| 5 years | $-6,932 |
| 7 years | $-4,728 |
| 9 years | $-2,525 |
| 11 years | $-321 |
| 13 years | $1,883 |
| 15 years | $4,086 |
| 17 years | $6,290 |
| 19 years | $8,494 |
| 21 years | $10,698 |
| 23 years | $12,901 |
| 25 years | $15,105 |
Top Solar Installers in Baldwin
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be time-consuming. Another perk of working with a solar installer is that they can help you maximize your return of investment by cutting back on future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some 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
See all of the solar companies in Baldwin
Factors that Affect Solar Panel Costs in Baldwin
For many Baldwin homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Baldwin, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Baldwin, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can determine by looking at past energy bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. The brand of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is 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
Most solar installers in Baldwin have solar loans, which reduce the initial cost of installing a solar system. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Baldwin, and each can charge different amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have 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 | $12,574 | 11.7 years |
| 8 kW | $2.60 | $14,566 | $17,051 | 11.5 years |
| 10 kW | $2.55 | $17,850 | $21,671 | 11.3 years |
| 12 kW | $2.50 | $20,992 | $26,434 | 11.1 years |
| 14 kW | $2.45 | $23,990 | $31,340 | 10.8 years |
| 16 kW | $2.40 | $26,846 | $36,388 | 10.6 years |
| 18 kW | $2.35 | $29,560 | $41,579 | 10.4 years |
| 20 kW | $2.29 | $32,130 | $46,913 | 10.2 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- 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.
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 Baldwin, PA Solar Cost FAQs
How much does it cost to install solar panels in Baldwin?
This is a hard question to answer exactly, because the cost depends on a variety of 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. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Baldwin?
You can't get solar panels for free in Baldwin. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Baldwin?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
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.