Solar Panel Cost Guide in Dunmore, PA (2024 Update)
- Dunmore Solar Installation Cost: $17,221
- 25-Year Savings: $11,941
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in Dunmore
Here’s how much it might cost to install solar panels in Dunmore.
The national average cost of solar panels is $2.66 per watt, but in Dunmore it’s 4 per watt.The average solar panel system size in Dunmore is around 6.9 kilowatts, meaning a cost of about $17,221 for a solar installation, or $24,626 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Dunmore homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.For many homeowners, the upfront cost of solar is worth paying. On average Dunmore homeowners see about $13,000 in savings on energy bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Dunmore
| Year | Return on Investment |
|---|---|
| 1 years | $-15,875 |
| 3 years | $-13,184 |
| 5 years | $-10,493 |
| 7 years | $-7,801 |
| 9 years | $-5,110 |
| 11 years | $-2,419 |
| 13 years | $272 |
| 15 years | $2,963 |
| 17 years | $5,655 |
| 19 years | $8,346 |
| 21 years | $11,037 |
| 23 years | $13,728 |
| 25 years | $16,419 |
Top Solar Installers in Dunmore
When making the switch to solar, many homeowners choose to use a solar installation company since handling can be a difficult project. Plus, if you aren’t sure what type of solar panels and equipment you want, a solar expert can help you figure that out after a site survey and consultation.
If you're looking for a solar installer in Dunmore, we've organized 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 Dunmore
Factors that Affect Solar Panel Costs in Dunmore
Even though the average cost of a solar system in Dunmore is $17,221, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require 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 $3,550.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Dunmore, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Dunmore, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the growing popularity of renewable energy solutions in Dunmore, you’ll have many options to choose from, but each comes at various price points for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $5,542 | 18.4 years |
| 8 kW | $3.62 | $20,278 | $7,787 | 18.1 years |
| 10 kW | $3.55 | $24,850 | $10,231 | 17.7 years |
| 12 kW | $3.48 | $29,224 | $12,874 | 17.4 years |
| 14 kW | $3.41 | $33,398 | $15,715 | 17.0 years |
| 16 kW | $3.34 | $37,374 | $18,756 | 16.6 years |
| 18 kW | $3.27 | $41,152 | $21,995 | 16.3 years |
| 20 kW | $3.19 | $44,730 | $25,433 | 15.9 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: When looking through 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 like a system part breaking or if the company goes out of business.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Dunmore, PA Solar Cost FAQs
What is the average cost of installing solar panels in Dunmore?
The average cost of solar panels in Dunmore 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 certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Dunmore?
Solar panels aren’t free in Dunmore, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Dunmore?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.