Solar Panel Cost Guide in Carnot Moon, PA (Mar 2023)
- Carnot Moon Solar Installation Cost: $12,441
- 25-Year Savings: $12,938
- Payback Period: 12.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Carnot Moon
We go over average solar pricing in Carnot Moon.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Carnot Moon, the average cost of a solar system is 2.55 per watt. To account for the typical energy usage of the average home in Carnot Moon, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,441, or $17,791 before the federal solar tax credit of 30% is applied.
These figures are only estimates, and how much solar costs for you may vary based on the amount of energy your home requires and what company you choose to go with. Despite the high upfront cost, the average Carnot Moon homeowner can save around $14,000 on their power bills over 20 years, which is one of the advantages of solar.
To get a free quote from a top solar installer in Carnot Moon, you can click the button below.
Solar savings over time in Carnot Moon
| Year | Return on Investment |
|---|---|
| 1 years | $-11,426 |
| 3 years | $-9,396 |
| 5 years | $-7,366 |
| 7 years | $-5,335 |
| 9 years | $-3,305 |
| 11 years | $-1,275 |
| 13 years | $756 |
| 15 years | $2,786 |
| 17 years | $4,816 |
| 19 years | $6,847 |
| 21 years | $8,877 |
| 23 years | $10,907 |
| 25 years | $12,938 |
Top Solar Installers in Carnot Moon
When switching to solar energy, many homeowners opt to use a solar company since overseeing your solar installation yourself can be a difficult project. Companies can also offer access to a large variety of the best solar panels and help you choose which one will be right for your family.
There are a number of licensed solar professionals that can help you install your solar system. 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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Carnot Moon
Factors that Affect Solar Panel Costs in Carnot Moon
For many Carnot Moon homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Carnot Moon, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Carnot Moon, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Carnot Moon homeowners choose to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's important to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Carnot Moon is the company you get to install your PV system. As with choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services at different price points. The company's size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger 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 | $10,709 | 12.7 years |
| 8 kW | $2.60 | $14,566 | $14,564 | 12.5 years |
| 10 kW | $2.55 | $17,850 | $18,562 | 12.3 years |
| 12 kW | $2.50 | $20,992 | $22,702 | 12.0 years |
| 14 kW | $2.45 | $23,990 | $26,986 | 11.8 years |
| 16 kW | $2.40 | $26,846 | $31,412 | 11.5 years |
| 18 kW | $2.35 | $29,560 | $35,981 | 11.3 years |
| 20 kW | $2.29 | $32,130 | $40,693 | 11.0 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Reputation: Make sure your solar company 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 the EcoWatch team.
- Solar Panel Brands: The model of solar panel you'd like plays a part in which installer you should opt for, since different companies have different panels.
- Contract: Before you sign a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you're not certain 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.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Carnot Moon, PA Solar Cost FAQs
What is the average cost of installing solar panels in Carnot Moon?
The average cost of solar panels in Carnot Moon is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Carnot Moon?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
How will solar panels impact the value of my home?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
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 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.