Solar Panel Cost Guide in Beaver, PA (2023 Update)
- Beaver Solar Installation Cost: $12,459
- 25-Year Savings: $14,519
- Payback Period: 11.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Beaver
Here's how much it might cost to go solar in Beaver.
In Beaver, solar panels cost about 2.55 per watt on average. The average solar panel system size in Beaver is around 7.0 kilowatts, meaning a cost of about $12,459 for a solar installation, or $17,816 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy use, the type of solar panels you want, your solar contractor and more. For many homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $15,000 in savings on utility bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Beaver
| Year | Return on Investment |
|---|---|
| 1 years | $-11,380 |
| 3 years | $-9,222 |
| 5 years | $-7,064 |
| 7 years | $-4,905 |
| 9 years | $-2,747 |
| 11 years | $-589 |
| 13 years | $1,570 |
| 15 years | $3,728 |
| 17 years | $5,886 |
| 19 years | $8,044 |
| 21 years | $10,203 |
| 23 years | $12,361 |
| 25 years | $14,519 |
Top Solar Installers in Beaver
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring an installer can make your switch to solar power much easier. Some solar installers, especially local ones, can help you make the most of incentives in Beaver, optimizing your ROI.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Beaver
Factors that Affect Solar Panel Costs in Beaver
The cost of installing a solar system in Beaver can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require 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 $2,550. The brand and kind of equipment you want 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 a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a solid option because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. 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 can only 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 APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $12,037 | 12.0 years |
| 8 kW | $2.60 | $14,566 | $16,334 | 11.8 years |
| 10 kW | $2.55 | $17,850 | $20,775 | 11.6 years |
| 12 kW | $2.50 | $20,992 | $25,358 | 11.3 years |
| 14 kW | $2.45 | $23,990 | $30,085 | 11.1 years |
| 16 kW | $2.40 | $26,846 | $34,954 | 10.9 years |
| 18 kW | $2.35 | $29,560 | $39,965 | 10.6 years |
| 20 kW | $2.29 | $32,130 | $45,120 | 10.4 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Beaver, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although 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 make sure you take a look at their list of offerings before deciding.
- Contract: Before signing a contract with a solar company, make sure you read it through fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
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 Beaver, PA Solar Cost FAQs
How much does it cost to install solar panels in Beaver?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally 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 cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Beaver?
You can't get solar panels for free in Beaver. 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.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Beaver is currently $188,200, so you can look forward to a value of about $7,716 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Beaver is a fruitful investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.