Solar Panel Cost Guide in Fayette, PA (Mar 2023)
- Fayette Solar Installation Cost: $12,138
- 25-Year Savings: $14,701
- Payback Period: 11.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Fayette
Let's have a look at the average cost of solar in Fayette.
In Fayette, solar panels cost about 2.55 per watt on average. Since a 6.8-kW system is needed to cover the energy costs of a typical home in Fayette, the average price of going solar will be about $12,138 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of making the switch to solar can vary depending on several factors, such as how many panels you need, your energy consumption and what installation company you go with. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Fayette can save around $15,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Fayette for a quote for your home.
Solar savings over time in Fayette
Year | Return on Investment |
---|---|
1 years | $-11,064 |
3 years | $-8,917 |
5 years | $-6,770 |
7 years | $-4,623 |
9 years | $-2,476 |
11 years | $-329 |
13 years | $1,818 |
15 years | $3,965 |
17 years | $6,112 |
19 years | $8,259 |
21 years | $10,407 |
23 years | $12,554 |
25 years | $14,701 |
Top Solar Installers in Fayette
Many homeowners choose to hire a solar panel company since trying to install solar panels on your own can be a lot of work. Local solar companies can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Fayette
Factors that Affect Solar Panel Costs in Fayette
There are many factors that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation require 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. The kind of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Fayette provide solar loans, which reduce your upfront costs of installing a solar system. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Fayette, you'll have many options to choose from, but each comes at various price points for labor and equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that has the products, warranties and services you want and also fits within your budget.
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 | $12,556 | 11.8 years |
8 kW | $2.60 | $14,566 | $17,026 | 11.5 years |
10 kW | $2.55 | $17,850 | $21,640 | 11.3 years |
12 kW | $2.50 | $20,992 | $26,396 | 11.1 years |
14 kW | $2.45 | $23,990 | $31,296 | 10.8 years |
16 kW | $2.40 | $26,846 | $36,338 | 10.6 years |
18 kW | $2.35 | $29,560 | $41,522 | 10.4 years |
20 kW | $2.29 | $32,130 | $46,850 | 10.2 years |
How to Save on Solar Panels
There are a lot of companies available in Fayette, 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:
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected 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 research your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
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 Fayette, PA Solar Cost FAQs
How much does it cost to install solar panels in Fayette?
The average cost of solar panels in Fayette is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Does Fayette have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
How long do solar panels last in Fayette?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.