Solar Panel Cost Guide in East Nottingham, PA (Mar 2023)
- East Nottingham Solar Installation Cost: $11,674
- 25-Year Savings: $14,038
- Payback Period: 11.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in East Nottingham
Find out what the average cost of solar panels are in East Nottingham.
While the national average of solar panels is $2.66 per watt, solar panels in East Nottingham typically cost about 2.55. The average solar panel system size in East Nottingham is around 6.5 kilowatts, meaning a cost of about $11,674 for a solar installation, or $16,694 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of East Nottingham homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $15,000 on energy bills over 20 years, many homeowners in East Nottingham find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar company in East Nottingham that can help you get a more accurate cost estimate for your home.
Solar savings over time in East Nottingham
| Year | Return on Investment |
|---|---|
| 1 years | $-10,645 |
| 3 years | $-8,588 |
| 5 years | $-6,532 |
| 7 years | $-4,475 |
| 9 years | $-2,418 |
| 11 years | $-361 |
| 13 years | $1,696 |
| 15 years | $3,753 |
| 17 years | $5,810 |
| 19 years | $7,867 |
| 21 years | $9,924 |
| 23 years | $11,981 |
| 25 years | $14,038 |
Top Solar Installers in East Nottingham
When switching to solar energy, many homeowners opt to use a solar company since putting up a solar system yourself can be a challenging project. Also, if you'd like to maximize your investment in solar energy, using a solar installer can help with that as well. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
If you'd like to go solar but still aren't sure which solar panel installer to go with, here are our recommendations 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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in East Nottingham
Factors that Affect Solar Panel Costs in East Nottingham
Although the average cost of a solar system in East Nottingham is $11,674, your actual cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar system in East Nottingham, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by around $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. However, higher efficiency could save you more in the long run on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the East Nottingham average.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular 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. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in East Nottingham is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services for different budgets. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing 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 lower 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 | $12,459 | 11.8 years |
| 8 kW | $2.60 | $14,566 | $16,898 | 11.6 years |
| 10 kW | $2.55 | $17,850 | $21,479 | 11.3 years |
| 12 kW | $2.50 | $20,992 | $26,203 | 11.1 years |
| 14 kW | $2.45 | $23,990 | $31,070 | 10.9 years |
| 16 kW | $2.40 | $26,846 | $36,080 | 10.7 years |
| 18 kW | $2.35 | $29,560 | $41,233 | 10.4 years |
| 20 kW | $2.29 | $32,130 | $46,528 | 10.2 years |
How to Save on Solar Panels
There are a large number of companies available in East Nottingham, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a quality company.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's East Nottingham, PA Solar Cost FAQs
How much does it cost to install solar panels in East Nottingham?
This is a tough question to answer exactly, because the cost depends on many factors. Generally 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 cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in East Nottingham?
Leasing solar panels can be an attractive choice, as it usually 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 incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
How much can I save on power bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in East Nottingham, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in East Nottingham?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.