Solar Panel Cost Guide in East Goshen, PA (Jan 2023)
- East Goshen Solar Installation Cost: $11,674
- 25-Year Savings: $14,972
- Payback Period: 10.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Top Solar Installers in East Goshen
Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be a labor-intensive endeavor. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in East Goshen
Factors that Affect Solar Panel Costs in East Goshen
The cost of installing a solar system in East Goshen can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher 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 $2,550. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like East Goshen, where sunlight is relatively 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
Many homeowners find the average cost of solar in East Goshen to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time because of interest. 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 back the loan.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can affect how much you pay. East Goshen's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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||$13,316||11.4 years|
|8 kW||$2.60||$14,566||$18,041||11.2 years|
|10 kW||$2.55||$17,850||$22,908||10.9 years|
|12 kW||$2.50||$20,992||$27,918||10.7 years|
|14 kW||$2.45||$23,990||$33,070||10.5 years|
|16 kW||$2.40||$26,846||$38,366||10.3 years|
|18 kW||$2.35||$29,560||$43,804||10.1 years|
|20 kW||$2.29||$32,130||$49,385||9.9 years|
How to Save on Solar Panels
The solar panel company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The kind of solar panel you'd like to get plays a part in which company you should choose, since different companies offer different panels.
EcoWatch's East Goshen, PA Solar Cost FAQs
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.