Solar Panel Cost Guide in Caernarvon, PA (2024 Update)
- Caernarvon Solar Installation Cost: $16,331
- 25-Year Savings: $13,398
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Caernarvon
Let’s take a look at the average cost of solar in Caernarvon.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Caernarvon, the typical cost of solar panels is 4 per watt.Using this figure, a typical 6.6-kW system would cost about $16,331 before the 0 federal solar tax credit is applied.
The actual price you pay can be above or below the average in Caernarvon based on a few factors, such as the brand of solar panels you choose and the solar company you hire.Many homeowners find going solar is a sound investment. The average homeowner in Caernarvon can save about $15,000 on their power bills over 20 years.
Click the button below to get connected to a vetted solar installer in Caernarvon for a customized estimate.
Solar savings over time in Caernarvon
| Year | Return on Investment |
|---|---|
| 1 years | $-15,037 |
| 3 years | $-12,449 |
| 5 years | $-9,860 |
| 7 years | $-7,271 |
| 9 years | $-4,683 |
| 11 years | $-2,094 |
| 13 years | $494 |
| 15 years | $3,083 |
| 17 years | $5,671 |
| 19 years | $8,260 |
| 21 years | $10,849 |
| 23 years | $13,437 |
| 25 years | $16,026 |
Top Solar Installers in Caernarvon
Many homeowners opt for a solar installer since trying to put up solar panels on your own can be a lot of work. Plus, if you’re not certain what kind of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar installer in Caernarvon, the EcoWatch team has organized 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
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 Caernarvon
Factors that Affect Solar Panel Costs in Caernarvon
The cost of installing a solar system in Caernarvon can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in Caernarvon, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by about $3,550 for each additional kilowatt you need.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Caernarvon average.
Solar Financing Terms
Most solar installers in Caernarvon offer 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 more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Caernarvon is the company you choose to install your PV system. Similar to choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that provide a range of services at different price points.The size of the company sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $7,435 | 16.9 years |
| 8 kW | $3.62 | $20,278 | $10,311 | 16.6 years |
| 10 kW | $3.55 | $24,850 | $13,386 | 16.2 years |
| 12 kW | $3.48 | $29,224 | $16,659 | 15.9 years |
| 14 kW | $3.41 | $33,398 | $20,132 | 15.6 years |
| 16 kW | $3.34 | $37,374 | $23,803 | 15.3 years |
| 18 kW | $3.27 | $41,152 | $27,673 | 14.9 years |
| 20 kW | $3.19 | $44,730 | $31,741 | 14.6 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose considerably impacts your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
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 Caernarvon, PA Solar Cost FAQs
What is the average cost of installing solar panels in Caernarvon?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Caernarvon?
Leasing solar panels can be an option if you are unable to pay upfront or get 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 financial benefits from going solar.
Does Caernarvon have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.