Solar Panel Cost Guide in Collier, PA (2023 Update)
- Collier Solar Installation Cost: $12,441
- 25-Year Savings: $14,021
- Payback Period: 11.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Collier
Find out how much it might cost to install solar panels in Collier.
The average cost of a solar system in Collier is 2.55 per watt. The average solar panel system size in Collier is around 7.0 kilowatts, meaning a cost of about $12,441 for a solar installation, or $17,791 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy needs, the type of equipment you want, your solar contractor and more. Many homeowners find going solar is a solid investment. The average homeowner in Collier can save about $14,000 on their energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Collier for a quote for your home.
Solar savings over time in Collier
| Year | Return on Investment |
|---|---|
| 1 years | $-11,383 |
| 3 years | $-9,266 |
| 5 years | $-7,149 |
| 7 years | $-5,032 |
| 9 years | $-2,915 |
| 11 years | $-798 |
| 13 years | $1,319 |
| 15 years | $3,436 |
| 17 years | $5,553 |
| 19 years | $7,670 |
| 21 years | $9,787 |
| 23 years | $11,904 |
| 25 years | $14,021 |
Top Solar Installers in Collier
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar panel installer can make swapping over to solar power much easier. Also, companies with a high reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're on the hunt for a solar company in Collier, we've compiled 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 Collier
Factors that Affect Solar Panel Costs in Collier
The cost of installing a solar system in Collier can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Collier average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Collier homeowners decide to finance their solar panel systems to make paying for solar more affordable. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can impact how much it costs. Collier's solar companies all have different labor costs and add varying upcharges to equipment. Some companies 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 choose a company that has the products, warranties and services you want and also fits 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 | $11,641 | 12.2 years |
| 8 kW | $2.60 | $14,566 | $15,808 | 12.0 years |
| 10 kW | $2.55 | $17,850 | $20,116 | 11.8 years |
| 12 kW | $2.50 | $20,992 | $24,568 | 11.5 years |
| 14 kW | $2.45 | $23,990 | $29,163 | 11.3 years |
| 16 kW | $2.40 | $26,846 | $33,900 | 11.0 years |
| 18 kW | $2.35 | $29,560 | $38,780 | 10.8 years |
| 20 kW | $2.29 | $32,130 | $43,803 | 10.6 years |
How to Save on Solar Panels
There are a large number of companies available in Collier, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Make sure your solar system installer has a good reputation by confirming 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.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before making your decision.
- Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: When going solar, it's essential to maintain an open line of communication with your solar installer. See to it that you understand how the installation process will go and the completion timeline.
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 Collier, PA Solar Cost FAQs
How much does it cost to install solar panels in Collier?
The average cost of solar panels in Collier 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't opt for 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 solar panels."
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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.