Solar Panel Cost Guide in Carnot-Moon, PA (2023 Update)
- Carnot-Moon Solar Installation Cost: $12,441
- 25-Year Savings: $12,938
- Payback Period: 12.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Carnot-Moon
Here's how much it might cost to switch to solar power in Carnot-Moon.
The national average cost of solar panels is $2.66 per watt, but in Carnot-Moon it's 2.55 per watt. To account for the typical energy needs of the average home in Carnot-Moon, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs about $12,441, or $17,791 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary depending on a few factors, such as how many panels you need, your energy usage and what installation company you go with. With average savings of about $14,000 on utility bills over 20 years, many homeowners in Carnot-Moon find going solar can pay off big.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Carnot-Moon
Year | Return on Investment |
---|---|
1 years | $-12,357 |
3 years | $-12,188 |
5 years | $-12,018 |
7 years | $-11,849 |
9 years | $-11,680 |
11 years | $-11,511 |
13 years | $-11,342 |
15 years | $-11,172 |
17 years | $-11,003 |
19 years | $-10,834 |
21 years | $-10,665 |
23 years | $-10,496 |
25 years | $-10,326 |
Top Solar Installers in Carnot-Moon
Although it's possible to install solar panels yourself, it requires extra labor and knowledge. That's one of the reasons most people choose a solar panel installer. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
If you're looking for a solar installer in Carnot-Moon, the EcoWatch team has put together 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 Carnot-Moon
Factors that Affect Solar Panel Costs in Carnot-Moon
The cost of installing a solar system in Carnot-Moon 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
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,550. The model of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to think about 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's in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, 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 total costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you pick will affect your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that offers the products, warranties and services you want and also fit into your budget.
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
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of options before making your decision.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
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 Carnot-Moon, PA Solar Cost FAQs
How much does it cost to install 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 real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Carnot-Moon?
You can't get solar panels for free in Carnot-Moon. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.