Solar Panel Cost Guide in East Vincent, PA (2023 Update)
- East Vincent Solar Installation Cost: $11,669
- 25-Year Savings: $14,714
- Payback Period: 11.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in East Vincent
Find out what the average cost of solar panel installation is in East Vincent.
The national average cost of solar panels is $2.66 per watt, but in East Vincent it's 2.55 per watt. To account for the typical energy usage of the average home in East Vincent, most homeowners require a 6.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,674, or $16,694 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of solar panels you want, your solar contractor and more. Even with the high upfront cost, the average East Vincent homeowner can save about $15,000 on their energy bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a top solar company in East Vincent for a custom quote.
Solar savings over time in East Vincent
| Year | Return on Investment |
|---|---|
| 1 years | $-10,395 |
| 3 years | $-7,846 |
| 5 years | $-5,297 |
| 7 years | $-2,748 |
| 9 years | $-199 |
| 11 years | $2,350 |
| 13 years | $4,899 |
| 15 years | $7,448 |
| 17 years | $9,997 |
| 19 years | $12,546 |
| 21 years | $15,095 |
| 23 years | $17,644 |
| 25 years | $20,193 |
Top Solar Installers in East Vincent
When going solar, many homeowners decide to use a solar installation company since handling can be a challenging project. Another benefit of working with a solar company is that they can help you make the most of your investment by reducing your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some 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 Vincent
Factors that Affect Solar Panel Costs in East Vincent
There are many criteria that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in East Vincent. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof 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 additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many East Vincent homeowners choose to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your total costs, so it's crucial to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installation company you choose will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Larger national companies generally 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 add-on 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 | $13,076 | 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
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:
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one mark of a quality company.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: The model of solar panel you need to install plays a role in which company you should choose, since different companies offer different panels.
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 Vincent, PA Solar Cost FAQs
What is the average cost of installing solar panels in East Vincent?
This is a hard question to answer precisely, because the cost depends on many 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in East Vincent?
You can't get solar panels for free in East Vincent. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $807.14 per year.
What solar power system size is right for 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 take a 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 buy 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.