Solar Panel Cost Guide in East Cocalico, PA (2024 Update)
- East Cocalico Solar Installation Cost: $16,331
- 25-Year Savings: $13,626
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in East Cocalico
See how much it might cost to install solar panels in East Cocalico.
Although the national average of solar panels is $2.66 per watt, solar panels in East Cocalico generally cost about 4.Using this figure, a typical 6.6-kW system would cost about $16,331 before the 0 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 actual cost of installing solar panels can vary depending on multiple factors, such as how many panels you need, your energy usage and what solar installer you go with.Many homeowners find installing solar panels is a rewarding investment. The average homeowner in East Cocalico can save around $15,000 on their energy bills over 20 years.
Click the button below to get connected to a vetted solar panel company in East Cocalico for a customized estimate.
Solar savings over time in East Cocalico
| Year | Return on Investment |
|---|---|
| 1 years | $-15,027 |
| 3 years | $-12,418 |
| 5 years | $-9,809 |
| 7 years | $-7,200 |
| 9 years | $-4,591 |
| 11 years | $-1,981 |
| 13 years | $628 |
| 15 years | $3,237 |
| 17 years | $5,846 |
| 19 years | $8,455 |
| 21 years | $11,064 |
| 23 years | $13,673 |
| 25 years | $16,282 |
Top Solar Installers in East Cocalico
When going solar, many homeowners choose to go with a solar company since putting up a solar system yourself can be a challenging project. Solar warranties and repairs are usually included in the cost of installation when you hire a solar contractor as well, which can save you more money over time.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some nearby:
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 East Cocalico
Factors that Affect Solar Panel Costs in East Cocalico
The cost of installing a solar system in East Cocalico can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use 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.There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you want to install 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
If paying for a solar system in cash is out of reach, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over five to seven years on average.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in East Cocalico is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, you’ll have many options for solar installers that offer a range of services for different budgets.Additionally, some companies in East Cocalico are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $7,643 | 16.7 years |
| 8 kW | $3.62 | $20,278 | $10,589 | 16.4 years |
| 10 kW | $3.55 | $24,850 | $13,733 | 16.1 years |
| 12 kW | $3.48 | $29,224 | $17,076 | 15.8 years |
| 14 kW | $3.41 | $33,398 | $20,618 | 15.5 years |
| 16 kW | $3.34 | $37,374 | $24,358 | 15.1 years |
| 18 kW | $3.27 | $41,152 | $28,298 | 14.8 years |
| 20 kW | $3.19 | $44,730 | $32,436 | 14.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- 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 most likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
- Solar Panel Brands: The kind of solar panel you’d like plays a part in which installer you should opt for, since different companies have different panels.
- Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
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 East Cocalico, PA Solar Cost FAQs
How much does it cost to install solar panels in East Cocalico?
The average cost of solar panels in East Cocalico 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 things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in East Cocalico?
A solar panel system isn’t free in East Cocalico, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will installing solar panels impact the value of my home?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.