Solar Panel Cost Guide in Farrell, PA (2024 Update)
- Farrell Solar Installation Cost: $17,503
- 25-Year Savings: $11,671
- Payback Period: 18.0 Years
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Average Cost of Solar Panels in Farrell
We break down average solar pricing in Farrell.
While the national average of solar panels is $2.66 per watt, solar panels in Farrell generally cost about 4.The average solar panel system size in Farrell is around 7.0 kilowatts, meaning a cost of about $17,503 for a solar installation, or $25,029 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of solar system you want to get, your solar contractor and more.Despite the significant initial cost, the average Farrell homeowner can save around $13,000 on their electricity bills over 20 years, which is one of the perks of solar.
You can click the button below to get connected with a top solar installer in Farrell for a quote for your home.
Solar savings over time in Farrell
| Year | Return on Investment |
|---|---|
| 1 years | $-16,200 |
| 3 years | $-13,595 |
| 5 years | $-10,989 |
| 7 years | $-8,383 |
| 9 years | $-5,777 |
| 11 years | $-3,172 |
| 13 years | $-566 |
| 15 years | $2,040 |
| 17 years | $4,646 |
| 19 years | $7,251 |
| 21 years | $9,857 |
| 23 years | $12,463 |
| 25 years | $15,069 |
Top Solar Installers in Farrell
Many homeowners opt for a solar panel installer since figuring out how to install solar panels by yourself can be hard. Another great thing about choosing a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
If you’d like to make the switch to solar but still aren’t certain which solar installer to go with, here are our recommendations for providers nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Farrell
Factors that Affect Solar Panel Costs in Farrell
For many Farrell homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Farrell, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Farrell, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by around $3,550 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also affects the cost. In many cases, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Farrell have solar loans, which reduce the initial cost of installing solar.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar 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.The company’s size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and bulk 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 down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $5,145 | 18.8 years |
| 8 kW | $3.62 | $20,278 | $7,257 | 18.4 years |
| 10 kW | $3.55 | $24,850 | $9,569 | 18.0 years |
| 12 kW | $3.48 | $29,224 | $12,079 | 17.7 years |
| 14 kW | $3.41 | $33,398 | $14,788 | 17.3 years |
| 16 kW | $3.34 | $37,374 | $17,696 | 17.0 years |
| 18 kW | $3.27 | $41,152 | $20,802 | 16.6 years |
| 20 kW | $3.19 | $44,730 | $24,108 | 16.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose considerably affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
- Solar Panel Brands: The type of solar panel you want to install plays a role in which company you should opt for, since different companies have access to different panels.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Farrell, PA Solar Cost FAQs
How much does it cost to install solar panels in Farrell?
The average cost of solar panels in Farrell is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will installing solar panels impact how much my home is worth?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much 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.