Solar Panel Cost Guide in Cornwall, PA (2023 Update)
- Cornwall Solar Installation Cost: $11,870
- 25-Year Savings: $13,212
- Payback Period: 11.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Cornwall
Find out what the average cost of a solar system is in Cornwall.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Cornwall, the average cost of solar panels is 2.55 per watt. The average Cornwall homeowner needs a 6.7-kilowatt system, which would cost about $11,870 with the federal tax credit, or $16,974 before the 30% tax credit is applied.
These figures are only estimates, and your own solar costs may vary based on your energy needs and what company you go with. But, after you've paid the initial cost of installation, the payback for most homeowners is typically fruitful, with a net average savings of about $14,000 over 20 years on power bills.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Cornwall
| Year | Return on Investment |
|---|---|
| 1 years | $-10,867 |
| 3 years | $-8,860 |
| 5 years | $-6,854 |
| 7 years | $-4,847 |
| 9 years | $-2,840 |
| 11 years | $-834 |
| 13 years | $1,173 |
| 15 years | $3,179 |
| 17 years | $5,186 |
| 19 years | $7,193 |
| 21 years | $9,199 |
| 23 years | $11,206 |
| 25 years | $13,212 |
Top Solar Installers in Cornwall
Trying to put up solar panels yourself can be a dangerous task, which is why using a solar installer is a good option for many homeowners. The expertise that solar companies offer can be invaluable as well, especially if you aren't sure what kind of solar equipment you need.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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 Cornwall
Factors that Affect Solar Panel Costs in Cornwall
For many Cornwall homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Cornwall, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. There are many different solar panel brands and the one you choose also changes the cost. In general, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far 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 Cornwall to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. Though solar loans make switching to solar energy more accessible for Cornwall homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Cornwall is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, you'll have many options for solar installers that provide a range of services for different budgets. Companies that only sell high-efficiency and high-priced 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 find a company that has the products, warranties and services you want and also is 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 | $11,494 | 12.3 years |
| 8 kW | $2.60 | $14,566 | $15,611 | 12.1 years |
| 10 kW | $2.55 | $17,850 | $19,871 | 11.8 years |
| 12 kW | $2.50 | $20,992 | $24,274 | 11.6 years |
| 14 kW | $2.45 | $23,990 | $28,819 | 11.4 years |
| 16 kW | $2.40 | $26,846 | $33,507 | 11.1 years |
| 18 kW | $2.35 | $29,560 | $38,338 | 10.9 years |
| 20 kW | $2.29 | $32,130 | $43,312 | 10.6 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
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 Cornwall, PA Solar Cost FAQs
What is the average cost of installing solar panels in Cornwall?
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 other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration 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 Cornwall?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 home 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.