Solar Panel Cost Guide in East Earl, PA (2023 Update)
- East Earl Solar Installation Cost: $11,727
- 25-Year Savings: $13,630
- Payback Period: 11.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in East Earl
Let's have a look at the average cost of solar in East Earl.
The national average cost of solar panels is $2.66 per watt, but in East Earl it's 2.55 per watt. Because a 6.6-kW system is needed to cover the energy usage of a typical home in East Earl, the average price of going solar will be about $11,727 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and your own solar costs may look different based on factors unique to your home and what company you want to go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in East Earl can save around $15,000 on their power bills over 20 years.
Click the button below to get connected to a highly rated solar company in East Earl for a custom estimate.
Solar savings over time in East Earl
| Year | Return on Investment |
|---|---|
| 1 years | $-10,713 |
| 3 years | $-8,685 |
| 5 years | $-6,656 |
| 7 years | $-4,627 |
| 9 years | $-2,599 |
| 11 years | $-570 |
| 13 years | $1,458 |
| 15 years | $3,487 |
| 17 years | $5,515 |
| 19 years | $7,544 |
| 21 years | $9,573 |
| 23 years | $11,601 |
| 25 years | $13,630 |
Top Solar Installers in East Earl
Installing solar panels yourself can be a difficult project, which is why getting a solar installation company is a good option for many homeowners. Some solar companies, particularly local ones, can help you make the most of incentives in East Earl, thereby optimizing your ROI.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
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 Earl
Factors that Affect Solar Panel Costs in East Earl
There are a number of factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a solid choice because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your total costs, so it's crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in East Earl is the company you choose to install your PV system. As with choosing a company to install new cabinets, for instance, you'll have many options for solar installers that provide a range of services at different costs. Additionally, some companies in East Earl are more knowledgeable about local solar incentives and can help you take advantage of 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 help you save 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 | $2.65 | $11,138 | $12,012 | 12.0 years |
| 8 kW | $2.60 | $14,566 | $16,301 | 11.8 years |
| 10 kW | $2.55 | $17,850 | $20,733 | 11.6 years |
| 12 kW | $2.50 | $20,992 | $25,308 | 11.3 years |
| 14 kW | $2.45 | $23,990 | $30,026 | 11.1 years |
| 16 kW | $2.40 | $26,846 | $34,887 | 10.9 years |
| 18 kW | $2.35 | $29,560 | $39,890 | 10.6 years |
| 20 kW | $2.29 | $32,130 | $45,037 | 10.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Contract: Before you sign a contract with a solar company, make sure to look it over fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
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 Earl, PA Solar Cost FAQs
How much does it cost to install solar panels in East Earl?
The average cost of solar panels in East Earl is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on things like the model 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 East Earl?
Leasing solar panels can be an attractive choice, because it often 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 get the most savings.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had 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.