Solar Panel Cost Guide in Barrett, PA (Jan 2023)
- Barrett Solar Installation Cost: $12,138
- 25-Year Savings: $12,173
- Payback Period: 12.5 Years
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Top Solar Installers in Barrett
Putting up solar panels on your own can be a challenging undertaking, which is why hiring a solar installer is a good option for many homeowners. Local solar companies can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by providing warranties and repairs.
If you're on the hunt for a solar company in Barrett, we've compiled a list of our top suggestions here:
See all of the solar companies in Barrett
Factors that Affect Solar Panel Costs in Barrett
There are many factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
When it comes to estimating the price of a solar panel system in Barrett, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can figure out by looking at past electricity bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space 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 add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Barrett have 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 total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the growing popularity of sustainable energy solutions in Barrett, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Barrett are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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||$2.65||$11,138||$10,307||13.0 years|
|8 kW||$2.60||$14,566||$14,028||12.7 years|
|10 kW||$2.55||$17,850||$17,892||12.5 years|
|12 kW||$2.50||$20,992||$21,899||12.2 years|
|14 kW||$2.45||$23,990||$26,049||12.0 years|
|16 kW||$2.40||$26,846||$30,341||11.7 years|
|18 kW||$2.35||$29,560||$34,777||11.5 years|
|20 kW||$2.29||$32,130||$39,355||11.2 years|
How to Save on Solar Panels
The solar panel company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels based 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 be sure to ask for their list of options before deciding.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
EcoWatch's Barrett, PA Solar Cost FAQs
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.