Solar Panel Cost Guide in Bloomsburg, PA (2023 Update)
- Bloomsburg Solar Installation Cost: $12,370
- 25-Year Savings: $11,941
- Payback Period: 12.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Bloomsburg
Find out how much it might cost to install solar panels in Bloomsburg.
Although the national average of solar panels is $2.66 per watt, solar panels in Bloomsburg generally cost around 2.55. The average solar panel system size in Bloomsburg is around 6.9 kilowatts, meaning a cost of about $12,370 for a solar installation, or $17,689 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Bloomsburg homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. For most homeowners, the upfront cost of solar power is worth paying. On average Bloomsburg homeowners see about $13,000 in savings on energy bills over 20 years.
Click the button below to get connected to a vetted solar installer in your area for a personalized quote.
Solar savings over time in Bloomsburg
| Year | Return on Investment |
|---|---|
| 1 years | $-11,398 |
| 3 years | $-9,453 |
| 5 years | $-7,508 |
| 7 years | $-5,563 |
| 9 years | $-3,618 |
| 11 years | $-1,673 |
| 13 years | $272 |
| 15 years | $2,216 |
| 17 years | $4,161 |
| 19 years | $6,106 |
| 21 years | $8,051 |
| 23 years | $9,996 |
| 25 years | $11,941 |
Top Solar Installers in Bloomsburg
When switching to solar energy, many homeowners prefer to hire a solar installation company since overseeing your solar installation yourself can be a challenging project. Plus, if you're not certain what kind of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.
There are various licensed solar professionals that can take care of your solar installation project. 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 Bloomsburg
Factors that Affect Solar Panel Costs in Bloomsburg
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that will push your cost above or below the average in Bloomsburg: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation use 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. There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also cost more. Plus, the type of equipment you're looking to get 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
Many homeowners find the average cost of solar in Bloomsburg to be too steep, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time because of interest. You'll have to consider the long-term cost of financing options, 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 more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of clean energy solutions in Bloomsburg, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Bloomsburg are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $9,923 | 13.2 years |
| 8 kW | $2.60 | $14,566 | $13,516 | 13.0 years |
| 10 kW | $2.55 | $17,850 | $17,252 | 12.7 years |
| 12 kW | $2.50 | $20,992 | $21,130 | 12.5 years |
| 14 kW | $2.45 | $23,990 | $25,152 | 12.2 years |
| 16 kW | $2.40 | $26,846 | $29,316 | 12.0 years |
| 18 kW | $2.35 | $29,560 | $33,624 | 11.7 years |
| 20 kW | $2.29 | $32,130 | $38,073 | 11.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
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 Bloomsburg, PA Solar Cost FAQs
What is the average cost of installing solar panels in Bloomsburg?
This is a difficult question to answer exactly, because the cost depends on a few different 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 other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Bloomsburg?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $702.03 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires 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 household 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.