Solar Panel Cost Guide in Frackville, PA (2024 Update)
- Frackville Solar Installation Cost: $16,864
- 25-Year Savings: $12,197
- Payback Period: 17.3 Years
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Average Cost of Solar Panels in Frackville
Find out what the average cost of solar panels are in Frackville.
Although the national average of solar panels is $2.66 per watt, solar panels in Frackville typically cost about 4.The average solar panel system size in Frackville is around 6.8 kilowatts, meaning a cost of about $16,864 for a solar installation, or $24,116 before the 0 federal solar tax credit is applied.
These figures are only estimates, and how much solar costs for you will most likely differ based on your specific situation and what company you want to go with.Despite the significant initial cost, the average Frackville homeowner can save about $14,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a top solar installer in Frackville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Frackville
Year | Return on Investment |
---|---|
1 years | $-15,519 |
3 years | $-12,828 |
5 years | $-10,136 |
7 years | $-7,445 |
9 years | $-4,754 |
11 years | $-2,063 |
13 years | $628 |
15 years | $3,320 |
17 years | $6,011 |
19 years | $8,702 |
21 years | $11,393 |
23 years | $14,084 |
25 years | $16,775 |
Top Solar Installers in Frackville
Installing solar panels on your own can be a challenging undertaking, which is why hiring a solar installation company is a good option for many homeowners. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over the lifespan of your panels.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Frackville:
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 Frackville
Factors that Affect Solar Panel Costs in Frackville
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Frackville: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Frackville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can figure out by looking at past power bills. Your total cost can increase by about $3,550 for each additional kilowatt you need.The brand of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a solid option because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, 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 more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Frackville is the company you hire to install your solar panel system. As with choosing a company to install new cabinets, for instance, you’ll have no shortage of solar installers that provide a range of services at different costs.Additionally, some companies in Frackville have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $3.69 | $15,506 | $5,987 | 18.0 years |
8 kW | $3.62 | $20,278 | $8,380 | 17.7 years |
10 kW | $3.55 | $24,850 | $10,972 | 17.3 years |
12 kW | $3.48 | $29,224 | $13,763 | 17.0 years |
14 kW | $3.41 | $33,398 | $16,753 | 16.6 years |
16 kW | $3.34 | $37,374 | $19,941 | 16.3 years |
18 kW | $3.27 | $41,152 | $23,328 | 16.0 years |
20 kW | $3.19 | $44,730 | $26,914 | 15.6 years |
How to Save on Solar Panels
The solar panel company you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which kind 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 ask for their list of offerings before making your decision.
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 Frackville, PA Solar Cost FAQs
How much does it cost to install solar panels in Frackville?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 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 above-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Frackville?
Solar panels aren’t free in Frackville, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Frackville is currently $110,090, which means you can look forward to a value of about $4,514 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Frackville is a worthwhile investment.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.