Solar Panel Cost Guide in Easton, PA (2023 Update)
- Easton Solar Installation Cost: $11,977
- 25-Year Savings: $13,105
- Payback Period: 11.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Easton
Find out what the average cost of installing solar panels is in Easton.
In Easton, solar panels cost about 2.55 per watt on average. To account for the typical energy usage of the average home in Easton, most homeowners require a 6.7-kilowatt system. Using the figure above, a solar installation costs about $11,977, or $17,127 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what installation company you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Easton can save about $14,000 on their power bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Easton for a quote for your home.
Solar savings over time in Easton
Year | Return on Investment |
---|---|
1 years | $-10,974 |
3 years | $-8,967 |
5 years | $-6,961 |
7 years | $-4,954 |
9 years | $-2,948 |
11 years | $-941 |
13 years | $1,066 |
15 years | $3,072 |
17 years | $5,079 |
19 years | $7,086 |
21 years | $9,092 |
23 years | $11,099 |
25 years | $13,105 |
Top Solar Installers in Easton
When switching to solar energy, many homeowners decide to go with a solar installer since overseeing your solar installation yourself can be a difficult project. The payback period on a solar system will vary based on factors like your location and energy use, but working with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 Easton
Factors that Affect Solar Panel Costs in Easton
The cost of installing a solar system in Easton can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar energy system in Easton, one of the most crucial 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 power bills. Your overall cost can increase by around $2,550 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Easton, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of 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
If paying for solar panels in cash is out of reach, solar loans are a solid route because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. Though solar loans make adopting solar energy more accessible for Easton homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can impact how much you pay. Easton's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Easton are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $11,303 | 12.4 years |
8 kW | $2.60 | $14,566 | $15,356 | 12.2 years |
10 kW | $2.55 | $17,850 | $19,552 | 11.9 years |
12 kW | $2.50 | $20,992 | $23,890 | 11.7 years |
14 kW | $2.45 | $23,990 | $28,372 | 11.5 years |
16 kW | $2.40 | $26,846 | $32,996 | 11.2 years |
18 kW | $2.35 | $29,560 | $37,763 | 11.0 years |
20 kW | $2.29 | $32,130 | $42,673 | 10.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: If you care about the durability of your solar system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 Easton, PA Solar Cost FAQs
What is the average cost of installing solar panels in Easton?
The average cost of solar panels in Easton is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Easton?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How will installing solar panels impact how much my home is worth?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.