Solar Panel Cost Guide in Coplay, PA (Mar 2023)
- Coplay Solar Installation Cost: $11,924
- 25-Year Savings: $12,387
- Payback Period: 12.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Coplay
We go over average solar pricing in Coplay.
In Coplay, solar panels cost about 2.55 per watt on average. Since a 6.7-kW system is needed to cover the energy usage of a typical home in Coplay, the average price of going solar will be about $11,924 after claiming the federal solar tax credit of 30%.
These figures are only averages, and the cost of going solar for you will most likely vary based on your energy needs and what company you want to go with. With typical savings of about $14,000 on electricity bills over 20 years, many homeowners in Coplay find going solar can pay off big.
To receive a free quote from a highly rated solar installer in Coplay, you can click the button below.
Solar savings over time in Coplay
Year | Return on Investment |
---|---|
1 years | $-10,951 |
3 years | $-9,007 |
5 years | $-7,062 |
7 years | $-5,117 |
9 years | $-3,172 |
11 years | $-1,227 |
13 years | $718 |
15 years | $2,663 |
17 years | $4,608 |
19 years | $6,552 |
21 years | $8,497 |
23 years | $10,442 |
25 years | $12,387 |
Top Solar Installers in Coplay
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of a solar panel installer can make your switch to solar power much easier. A solar installer can also help save you money in the long run by providing warranties, repairs and component replacements.
Working with a professional solar company can help you make the most of your investment in solar. 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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Coplay
Factors that Affect Solar Panel Costs in Coplay
Although the average cost of a solar system in Coplay is $11,924, your actual cost may be higher or lower than that. 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 take into consideration.
Solar Equipment
When it comes to estimating the price of a solar system in Coplay, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Coplay homeowners decide to finance their solar panel systems to offset upfront costs. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Coplay, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that provides 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 | $10,709 | 12.7 years |
8 kW | $2.60 | $14,566 | $14,564 | 12.5 years |
10 kW | $2.55 | $17,850 | $18,562 | 12.3 years |
12 kW | $2.50 | $20,992 | $22,702 | 12.0 years |
14 kW | $2.45 | $23,990 | $26,986 | 11.8 years |
16 kW | $2.40 | $26,846 | $31,412 | 11.5 years |
18 kW | $2.35 | $29,560 | $35,981 | 11.3 years |
20 kW | $2.29 | $32,130 | $40,693 | 11.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Coplay, PA Solar Cost FAQs
How much does it cost to install solar panels in Coplay?
The average cost of solar panels in Coplay is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Coplay?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $728.23 per year.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs 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 household 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.