Solar Panel Cost Guide in Codorus, PA (2023 Update)
- Codorus Solar Installation Cost: $11,779
- 25-Year Savings: $15,365
- Payback Period: 10.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Codorus
Here's how much it might cost to switch to solar power in Codorus.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Codorus, the typical cost of a solar system is 2.55 per watt. The average Codorus homeowner needs a 6.6-kilowatt system, which would cost about $11,781 with the federal tax credit, or $16,847 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of going solar can vary based on multiple factors, such as what size system you need, your energy consumption and what company you go with. For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Codorus see about $16,000 in savings on energy bills over 20 years.
Click the button below to get connected to a vetted solar panel company in your area for a customized estimate.
Solar savings over time in Codorus
| Year | Return on Investment |
|---|---|
| 1 years | $-10,536 |
| 3 years | $-8,050 |
| 5 years | $-5,564 |
| 7 years | $-3,078 |
| 9 years | $-592 |
| 11 years | $1,894 |
| 13 years | $4,380 |
| 15 years | $6,866 |
| 17 years | $9,352 |
| 19 years | $11,838 |
| 21 years | $14,324 |
| 23 years | $16,809 |
| 25 years | $19,295 |
Top Solar Installers in Codorus
Many homeowners opt for a solar installer since trying to put up solar panels on your own can be a labor-intensive endeavor. Some solar companies, particularly local ones, can help you take advantage of incentives in Codorus, thereby optimizing your ROI.
There are several licensed solar professionals that can take care of your solar installation project. 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
See all of the solar companies in Codorus
Factors that Affect Solar Panel Costs in Codorus
Though the average cost of a solar system in Codorus is $11,781, your actual cost may differ. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar system you need for your household, 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. There are many different solar panel brands and the one you pick also affects the cost. In many cases, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Codorus to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in paying more over time because of interest. You'll have to consider the long-term cost of loans, 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 getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can influence the cost. Codorus' solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $13,542 | 11.3 years |
| 8 kW | $2.60 | $14,566 | $18,342 | 11.1 years |
| 10 kW | $2.55 | $17,850 | $23,284 | 10.8 years |
| 12 kW | $2.50 | $20,992 | $28,369 | 10.6 years |
| 14 kW | $2.45 | $23,990 | $33,597 | 10.4 years |
| 16 kW | $2.40 | $26,846 | $38,968 | 10.2 years |
| 18 kW | $2.35 | $29,560 | $44,481 | 10.0 years |
| 20 kW | $2.29 | $32,130 | $50,138 | 9.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Contract: Though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
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 Codorus, PA Solar Cost FAQs
How much does it cost to install solar panels in Codorus?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Codorus?
Leasing solar panels can be an attractive 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 get the most savings.
How will installing solar panels impact the value of my home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Codorus is currently $213,737, so you could be looking at a value of about $8,763 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Codorus is a fruitful investment.
How often do you have to replace solar panels?
Though 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 their energy production will have decreased significantly after that point. You can choose to replace them once you've had 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.