Solar Panel Cost Guide in East Coventry, PA (2023 Update)
- East Coventry Solar Installation Cost: $11,674
- 25-Year Savings: $14,710
- Payback Period: 11.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in East Coventry
Let's have a look at the average cost of solar panels in East Coventry.
In East Coventry, solar panels cost about 2.55 per watt on average. Using this figure, a typical 6.5-kW system would cost about $11,674 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 actual cost of making the switch to solar can vary depending on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with. Many homeowners find adopting solar power is a solid investment. The average homeowner in East Coventry can save about $15,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in East Coventry that can help you get a more accurate cost estimate for your home.
Solar savings over time in East Coventry
| Year | Return on Investment |
|---|---|
| 1 years | $-10,619 |
| 3 years | $-8,508 |
| 5 years | $-6,397 |
| 7 years | $-4,287 |
| 9 years | $-2,176 |
| 11 years | $-65 |
| 13 years | $2,046 |
| 15 years | $4,156 |
| 17 years | $6,267 |
| 19 years | $8,378 |
| 21 years | $10,488 |
| 23 years | $12,599 |
| 25 years | $14,710 |
Top Solar Installers in East Coventry
Trying to install solar panels on your own can be a time-consuming task, which is why hiring a solar installer is a good option for many homeowners. Also, companies with a good reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
If you'd like to make the switch to solar but still aren't certain which solar system installer to go with, here are our suggestions for providers 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 East Coventry
Factors that Affect Solar Panel Costs in East Coventry
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that affect your total cost in East Coventry: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in East Coventry, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past energy bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. The 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 energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the East Coventry average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many East Coventry homeowners decide to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's important to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in East Coventry is the company you hire to install your PV 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. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due 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 discount 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 | $2.65 | $11,138 | $13,076 | 11.5 years |
| 8 kW | $2.60 | $14,566 | $17,720 | 11.3 years |
| 10 kW | $2.55 | $17,850 | $22,507 | 11.1 years |
| 12 kW | $2.50 | $20,992 | $27,437 | 10.8 years |
| 14 kW | $2.45 | $23,990 | $32,509 | 10.6 years |
| 16 kW | $2.40 | $26,846 | $37,725 | 10.4 years |
| 18 kW | $2.35 | $29,560 | $43,083 | 10.2 years |
| 20 kW | $2.29 | $32,130 | $48,584 | 10.0 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
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 East Coventry, PA Solar Cost FAQs
How much does it cost to install solar panels in East Coventry?
This is a difficult question to answer exactly, because the cost depends on a few different 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 consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in East Coventry?
Solar panels aren't free in East Coventry, but there are some options that can make getting them more feasible, 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 switching to solar power worth it?
Solar panels can be a great 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 power bills are already pretty low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage 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 get between 20 and 35 panels to cover 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.