Solar Panel Cost Guide in Cecil, PA (2023 Update)
- Cecil Solar Installation Cost: $12,321
- 25-Year Savings: $10,650
- Payback Period: 13.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Cecil
Here's how much it might cost to switch to solar power in Cecil.
The national average cost of solar panels is $2.66 per watt, but in Cecil it's 2.55 per watt. The average Cecil homeowner needs a 6.9-kilowatt system, which would cost about $12,316 with the federal tax credit, or $17,612 before the 30% tax credit is applied.
How much you pay can go higher or lower than the average in Cecil depending on a few factors, such as the brand of solar panels you choose and the solar installer you hire. Despite the significant initial cost, the average Cecil homeowner can save about $13,000 on their power bills over 20 years, which is one of the advantages of solar.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Cecil
Year | Return on Investment |
---|---|
1 years | $-12,244 |
3 years | $-12,091 |
5 years | $-11,938 |
7 years | $-11,785 |
9 years | $-11,632 |
11 years | $-11,478 |
13 years | $-11,325 |
15 years | $-11,172 |
17 years | $-11,019 |
19 years | $-10,866 |
21 years | $-10,713 |
23 years | $-10,560 |
25 years | $-10,406 |
Top Solar Installers in Cecil
Although you can install solar panels yourself, it takes extra time and knowledge. That's why most homeowners choose a solar panel installer. Some solar companies, especially local ones, can help you take advantage of incentives in Cecil, thereby optimizing your ROI.
If you're looking for a solar company in Cecil, we've 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 Cecil
Factors that Affect Solar Panel Costs in Cecil
For many Cecil homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Cecil, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Cecil, one of the most important 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 consumption, which you can figure out by looking at past power bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. The kind of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Further, solar equipment consists of more than 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 searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Cecil, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the amount of 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Cecil is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for example, you'll have many options for solar installers that provide a range of services at different costs. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that has the products, warranties and services you want and also is within 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 | $8,829 | 13.9 years |
8 kW | $2.60 | $14,566 | $12,058 | 13.7 years |
10 kW | $2.55 | $17,850 | $15,429 | 13.4 years |
12 kW | $2.50 | $20,992 | $18,943 | 13.1 years |
14 kW | $2.45 | $23,990 | $22,600 | 12.9 years |
16 kW | $2.40 | $26,846 | $26,400 | 12.6 years |
18 kW | $2.35 | $29,560 | $30,343 | 12.3 years |
20 kW | $2.29 | $32,130 | $34,428 | 12.1 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Cecil, PA Solar Cost FAQs
What is the average cost of installing solar panels in Cecil?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Cecil?
A solar panel system isn't free in Cecil, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will installing solar panels impact the value of my home?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in Cecil?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce 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.