Solar Panel Cost Guide in Dingman, PA (2023 Update)
- Dingman Solar Installation Cost: $12,138
- 25-Year Savings: $14,590
- Payback Period: 11.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Dingman
Find out what the average cost of a solar system is in Dingman.
The national average cost of solar panels is $2.66 per watt, but in Dingman it's 2.55 per watt. Using this figure, a typical 6.8-kW system would cost about $12,138 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy usage and what company you go with. Despite the significant upfront cost, the average Dingman homeowner can save around $15,000 on their energy bills over 20 years, which is one of the benefits of solar.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Dingman
| Year | Return on Investment |
|---|---|
| 1 years | $-11,069 |
| 3 years | $-8,931 |
| 5 years | $-6,792 |
| 7 years | $-4,654 |
| 9 years | $-2,516 |
| 11 years | $-378 |
| 13 years | $1,760 |
| 15 years | $3,899 |
| 17 years | $6,037 |
| 19 years | $8,175 |
| 21 years | $10,313 |
| 23 years | $12,452 |
| 25 years | $14,590 |
Top Solar Installers in Dingman
Although you can install solar panels yourself, it takes extra energy and expertise. For that reason, most people choose a solar panel installer. In addition, if you'd like to maximize your investment in solar energy, opting for a solar company can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
If you're looking for a solar installer in Dingman, 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 Dingman
Factors that Affect Solar Panel Costs in Dingman
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Dingman: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your household, 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. 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, more efficient panels could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Dingman average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Dingman homeowners opt to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also increases your all-in costs, so it's crucial to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Dingman is the company you hire to install your solar system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services for different budgets. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $12,435 | 11.8 years |
| 8 kW | $2.60 | $14,566 | $16,866 | 11.6 years |
| 10 kW | $2.55 | $17,850 | $21,439 | 11.4 years |
| 12 kW | $2.50 | $20,992 | $26,155 | 11.1 years |
| 14 kW | $2.45 | $23,990 | $31,014 | 10.9 years |
| 16 kW | $2.40 | $26,846 | $36,016 | 10.7 years |
| 18 kW | $2.35 | $29,560 | $41,161 | 10.4 years |
| 20 kW | $2.29 | $32,130 | $46,448 | 10.2 years |
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the types 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 consider, including:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid 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
EcoWatch's Dingman, PA Solar Cost FAQs
How much does it cost to install solar panels in Dingman?
This is a hard question to answer exactly, 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. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for 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 factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Dingman have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.