Solar Panel Cost Guide in Colebrookdale, PA (2023 Update)
- Colebrookdale Solar Installation Cost: $11,872
- 25-Year Savings: $13,987
- Payback Period: 11.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Colebrookdale
Find out what the average cost of a solar system is in Colebrookdale.
The national average cost of solar panels is $2.66 per watt, but in Colebrookdale it's 2.55 per watt. To cover the typical energy needs of the average home in Colebrookdale, most homeowners require a 6.7-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,870, or $16,974 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Colebrookdale homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $15,000 over 20 years on electricity bills.
To receive a free estimate from a top solar installer in Colebrookdale, you can click the button below.
Solar savings over time in Colebrookdale
Year | Return on Investment |
---|---|
1 years | $-10,629 |
3 years | $-8,143 |
5 years | $-5,657 |
7 years | $-3,171 |
9 years | $-685 |
11 years | $1,801 |
13 years | $4,287 |
15 years | $6,773 |
17 years | $9,259 |
19 years | $11,745 |
21 years | $14,230 |
23 years | $16,716 |
25 years | $19,202 |
Top Solar Installers in Colebrookdale
When making the switch to solar, many homeowners prefer to go with a solar installation company since installing solar panels yourself can be a challenging project. Plus, if you're not certain what brand of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 Colebrookdale
Factors that Affect Solar Panel Costs in Colebrookdale
The cost of installing a solar system in Colebrookdale can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar 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, your total will most likely increase by about $2,550. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Colebrookdale, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Colebrookdale, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies in Colebrookdale, and each can charge different amounts for labor and equipment. The company's size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more 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 | $2.65 | $11,138 | $12,190 | 11.9 years |
8 kW | $2.60 | $14,566 | $16,538 | 11.7 years |
10 kW | $2.55 | $17,850 | $21,030 | 11.5 years |
12 kW | $2.50 | $20,992 | $25,664 | 11.2 years |
14 kW | $2.45 | $23,990 | $30,441 | 11.0 years |
16 kW | $2.40 | $26,846 | $35,361 | 10.8 years |
18 kW | $2.35 | $29,560 | $40,424 | 10.6 years |
20 kW | $2.29 | $32,130 | $45,630 | 10.3 years |
How to Save on Solar Panels
There are a lot of companies available in Colebrookdale, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of 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 positive reviews from previous customers.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Warranty: Companies typically offer different types 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 Colebrookdale, PA Solar Cost FAQs
What is the average cost of installing solar panels in Colebrookdale?
This is a tough question to answer precisely, because the cost depends on many 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 additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Colebrookdale?
A solar panel system isn't free in Colebrookdale, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How long do solar panels last in Colebrookdale?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.