Solar Panel Cost Guide in Coolbaugh, PA (2024 Update)
- Coolbaugh Solar Installation Cost: $16,902
- 25-Year Savings: $16,738
- Payback Period: 17.4 Years
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Average Cost of Solar Panels in Coolbaugh
Let’s have a look at the average cost of solar panels in Coolbaugh.
In Coolbaugh, solar panels cost about 4 per watt on average.To cover the typical energy usage of the average home in Coolbaugh, most homeowners require a 6.8-kilowatt system. Using the figure above, a solar installation costs about $16,902, or $24,170 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Coolbaugh homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find going solar is a rewarding investment. The average homeowner in Coolbaugh can save around $14,000 on their energy bills over 20 years.
To receive a free quote from a pre-vetted solar company in Coolbaugh, you can click the button below.
Solar savings over time in Coolbaugh
| Year | Return on Investment |
|---|---|
| 1 years | $-15,556 |
| 3 years | $-12,865 |
| 5 years | $-10,174 |
| 7 years | $-7,483 |
| 9 years | $-4,792 |
| 11 years | $-2,101 |
| 13 years | $591 |
| 15 years | $3,282 |
| 17 years | $5,973 |
| 19 years | $8,664 |
| 21 years | $11,355 |
| 23 years | $14,047 |
| 25 years | $16,738 |
Top Solar Installers in Coolbaugh
Although you can install solar panels on your own, it involves extra labor and knowledge. That's why almost all homeowners choose to hire a solar panel installer. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
There are several licensed solar professionals that can install solar panels for you. 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Coolbaugh
Factors that Affect Solar Panel Costs in Coolbaugh
While the average cost of a solar system in Coolbaugh is $16,902, your actual cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The model of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions 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 looking into a solar system that’s in your budget.
Solar Financing Terms
Most solar companies in Coolbaugh provide solar loans, which reduce the initial cost of installing a solar system.While solar loans make going solar more accessible for Coolbaugh homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installer you choose will impact your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.The company’s size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and bulk 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 companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $5,939 | 18.1 years |
| 8 kW | $3.62 | $20,278 | $8,316 | 17.7 years |
| 10 kW | $3.55 | $24,850 | $10,892 | 17.4 years |
| 12 kW | $3.48 | $29,224 | $13,667 | 17.0 years |
| 14 kW | $3.41 | $33,398 | $16,641 | 16.7 years |
| 16 kW | $3.34 | $37,374 | $19,813 | 16.3 years |
| 18 kW | $3.27 | $41,152 | $23,185 | 16.0 years |
| 20 kW | $3.19 | $44,730 | $26,755 | 15.6 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project completion timeline.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can research your installer’s reputation is by reading reviews.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Coolbaugh, PA Solar Cost FAQs
What is the average cost of installing solar panels in Coolbaugh?
The average cost of solar panels in Coolbaugh is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to think about when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Coolbaugh?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.