Solar Panel Cost Guide in Dingman, PA (2024 Update)
- Dingman Solar Installation Cost: $16,905
- 25-Year Savings: $14,585
- Payback Period: 15.8 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Dingman
Let’s take a look at the average cost of solar in Dingman.
In Dingman, solar panels cost about 4 per watt on average.The average Dingman homeowner needs a 6.8-kilowatt system, which would cost about $16,905 with the federal tax credit, or $24,174 before the 0 tax credit is applied.
The true cost of your system can be higher or lower than the average in Dingman based on several factors, such as the type of solar panels you choose and the solar contractor you hire.Despite the high upfront cost, the average Dingman homeowner can save about $15,000 on their energy bills over 20 years, which is one of the benefits of solar.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Dingman
Year | Return on Investment |
---|---|
1 years | $-15,662 |
3 years | $-13,176 |
5 years | $-10,690 |
7 years | $-8,204 |
9 years | $-5,718 |
11 years | $-3,232 |
13 years | $-746 |
15 years | $1,740 |
17 years | $4,226 |
19 years | $6,712 |
21 years | $9,198 |
23 years | $11,684 |
25 years | $14,170 |
Top Solar Installers in Dingman
Although it's possible to install solar panels by yourself, it involves extra energy and expertise. That's one of the reasons most homeowners choose to hire a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're on the hunt for a solar company in Dingman, the EcoWatch team has put together a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in Dingman
Factors that Affect Solar Panel Costs in Dingman
For many Dingman homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Dingman, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $3,550 per kilowatt in Dingman.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Dingman, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Dingman provide solar loans, which reduce your upfront costs of installing solar panels.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 how long it’ll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Dingman is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that offer a range of services at different costs.The size of the company sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and better 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 names.
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 | $8,067 | 16.4 years |
8 kW | $3.62 | $20,278 | $11,154 | 16.1 years |
10 kW | $3.55 | $24,850 | $14,439 | 15.8 years |
12 kW | $3.48 | $29,224 | $17,923 | 15.5 years |
14 kW | $3.41 | $33,398 | $21,606 | 15.2 years |
16 kW | $3.34 | $37,374 | $25,488 | 14.9 years |
18 kW | $3.27 | $41,152 | $29,569 | 14.5 years |
20 kW | $3.19 | $44,730 | $33,848 | 14.2 years |
How to Save on Solar Panels
There are many companies available in Dingman, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar company. See to it that you understand how the installation process will go and the project completion timeline.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's Dingman, PA Solar Cost FAQs
How much does it cost to install solar panels in Dingman?
The average cost of solar panels in Dingman is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real 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 it better to lease or buy solar panels in Dingman?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can you sell solar power back to the grid in Dingman?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces 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 long do solar panels last in Dingman?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.