Solar Panel Cost Guide in Barrett, PA (2024 Update)
- Barrett Solar Installation Cost: $16,902
- 25-Year Savings: $12,170
- Payback Period: 17.4 Years
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Average Cost of Solar Panels in Barrett
Find out what the average cost of solar panels are in Barrett.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Barrett, the average cost of a solar system is 4 per watt.Since a 6.8-kW system is needed to cover the energy costs of a typical home in Barrett, the average price of going solar will be about $16,902 after claiming the federal solar tax credit of 0.
These figures are only estimates, and your own solar costs may vary based on factors unique to your home and what company you want to go with.Many homeowners find going solar is a fruitful investment. The average homeowner in Barrett can save around $14,000 on their energy bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Barrett
| Year | Return on Investment |
|---|---|
| 1 years | $-15,556 |
| 3 years | $-12,865 |
| 5 years | $-10,174 |
| 7 years | $-7,483 |
| 9 years | $-4,792 |
| 11 years | $-2,101 |
| 13 years | $591 |
| 15 years | $3,282 |
| 17 years | $5,973 |
| 19 years | $8,664 |
| 21 years | $11,355 |
| 23 years | $14,047 |
| 25 years | $16,738 |
Top Solar Installers in Barrett
Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be a labor-intensive endeavor. Also, companies with a high reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost 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
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 Barrett
Factors that Affect Solar Panel Costs in Barrett
For many Barrett homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Barrett, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
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 important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Barrett, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.While solar loans make switching to solar energy more accessible for Barrett homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. 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
Finally, the company you choose to install your solar panels can influence your pricing. Barrett’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $3.69 | $15,506 | $5,939 | 18.1 years |
| 8 kW | $3.62 | $20,278 | $8,316 | 17.7 years |
| 10 kW | $3.55 | $24,850 | $10,892 | 17.4 years |
| 12 kW | $3.48 | $29,224 | $13,667 | 17.0 years |
| 14 kW | $3.41 | $33,398 | $16,641 | 16.7 years |
| 16 kW | $3.34 | $37,374 | $19,813 | 16.3 years |
| 18 kW | $3.27 | $41,152 | $23,185 | 16.0 years |
| 20 kW | $3.19 | $44,730 | $26,755 | 15.6 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Look through the contract terms thoroughly to make sure you understand the total cost, project timeline incentives and warranties.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.
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 Barrett, PA Solar Cost FAQs
How much does it cost to install solar panels in Barrett?
The average cost of solar panels in Barrett is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model 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 Barrett?
Leasing solar panels can be an attractive choice, because it typically 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 way to go if you want to get the most savings.
Does Barrett have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs 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.