Solar Panel Cost Guide in Boalsburg, PA (2023 Update)
- Boalsburg Solar Installation Cost: $12,510
- 25-Year Savings: $8,534
- Payback Period: 14.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Boalsburg
See how much it might cost to go solar in Boalsburg.
Although the national average of solar panels is $2.66 per watt, solar panels in Boalsburg generally cost about 2.55. The average solar panel system size in Boalsburg is around 7.0 kilowatts, meaning a cost of about $12,513 for a solar installation, or $17,894 before the 30% federal solar tax credit is applied.
These figures are only estimates, and your own solar costs will look different based on the amount of energy your home requires and what company you want to go with. But, after you've paid the upfront cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $11,000 over 20 years on energy bills.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Boalsburg
| Year | Return on Investment |
|---|---|
| 1 years | $-11,427 |
| 3 years | $-9,261 |
| 5 years | $-7,096 |
| 7 years | $-4,930 |
| 9 years | $-2,764 |
| 11 years | $-598 |
| 13 years | $1,568 |
| 15 years | $3,733 |
| 17 years | $5,899 |
| 19 years | $8,065 |
| 21 years | $10,231 |
| 23 years | $12,397 |
| 25 years | $14,563 |
Top Solar Installers in Boalsburg
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Taking advantage of a solar company can make converting to solar power much easier. Another great thing about choosing a reliable solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
If you're looking for a solar company in Boalsburg, the EcoWatch team has compiled a list of our top suggestions here:
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 Boalsburg
Factors that Affect Solar Panel Costs in Boalsburg
The cost of installing a solar system in Boalsburg can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $2,550 per kilowatt in Boalsburg. The brand of solar panels and equipment you want is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Boalsburg, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your total costs, so it's crucial to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the growing popularity of clean energy solutions in Boalsburg, you'll have many options to choose from, but each comes at different price points for labor and equipment. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $6,877 | 15.5 years |
| 8 kW | $2.60 | $14,566 | $9,455 | 15.2 years |
| 10 kW | $2.55 | $17,850 | $12,176 | 14.9 years |
| 12 kW | $2.50 | $20,992 | $15,040 | 14.6 years |
| 14 kW | $2.45 | $23,990 | $18,046 | 14.3 years |
| 16 kW | $2.40 | $26,846 | $21,195 | 14.0 years |
| 18 kW | $2.35 | $29,560 | $24,487 | 13.7 years |
| 20 kW | $2.29 | $32,130 | $27,922 | 13.4 years |
How to Save on Solar Panels
There are many companies to choose from in Boalsburg, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: The type of solar panel you'd like to get plays a part in which company you should choose, since different companies provide different panels.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one mark of a good company.
- Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
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 Boalsburg, PA Solar Cost FAQs
How much does it cost to install solar panels in Boalsburg?
The average cost of solar panels in Boalsburg is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Boalsburg?
Solar panels aren't free in Boalsburg, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
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 the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $600.52 per year.
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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.