Solar Panel Cost Guide in Baldwin, PA (2024 Update)
- Baldwin Solar Installation Cost: $17,320
- 25-Year Savings: $23,603
- Payback Period: 15.7 Years
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Average Cost of Solar Panels in Baldwin
Let’s have a look at the average cost of solar panels in Baldwin.
The average cost of a solar system in Baldwin is 4 per watt.The average Baldwin homeowner needs a 7.0-kilowatt system, which would cost about $17,320 with the federal tax credit, or $24,768 before the 0 tax credit is applied.
The true cost of your system can go above or below the average in Baldwin depending on several factors, such as the type of solar panels you choose and the solar installer you hire.For many homeowners, the upfront investment in solar is worth paying. On average Baldwin homeowners see about $15,000 in savings on utility bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Baldwin
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 Baldwin
Although you can install solar panels yourself, it takes extra energy and handiness. Because of that, almost all homeowners choose to go with a solar panel installer. Solar installers provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you’d like to make the switch to solar but still aren’t certain which solar panel company to go with, here are our suggestions 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
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 Baldwin
Factors that Affect Solar Panel Costs in Baldwin
While the average cost of a solar system in Baldwin is $17,320, your actual cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,550.The brand 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. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about 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
Many homeowners find the average cost of solar in Baldwin to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.Though solar loans make going solar more accessible for Baldwin homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Baldwin is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services at different price points.Additionally, some companies in Baldwin are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $3.69 | $15,506 | $8,206 | 16.3 years |
8 kW | $3.62 | $20,278 | $11,339 | 16.0 years |
10 kW | $3.55 | $24,850 | $14,671 | 15.7 years |
12 kW | $3.48 | $29,224 | $18,202 | 15.4 years |
14 kW | $3.41 | $33,398 | $21,932 | 15.1 years |
16 kW | $3.34 | $37,374 | $25,860 | 14.8 years |
18 kW | $3.27 | $41,152 | $29,987 | 14.5 years |
20 kW | $3.19 | $44,730 | $34,313 | 14.1 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process works and the project timeline.
- Contract: Before signing a contract with a solar company, make sure to look it over completely 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 Baldwin, PA Solar Cost FAQs
What is the average cost of installing solar panels in Baldwin?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly 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 extra solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Baldwin?
Solar panels aren’t free in Baldwin, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on power bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Baldwin, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Baldwin?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can 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.