Solar Panel Cost Guide in Granville, PA (2025 Update)
- Granville Solar Installation Cost: $17,079
- 25-Year Savings: $17,575
- Payback Period: 14.3 Years
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Average Cost of Solar Panels in Granville
Let’s take a look at the average cost of solar in Granville.
While the national average of solar panels is $2.66 per watt, solar panels in Granville typically cost around 4.The average Granville homeowner needs a 6.9-kilowatt system, which would cost about $17,079 with the federal tax credit, or $24,423 before the 0 tax credit is applied.
The true cost of your system can be above or below the average in Granville based on several factors, such as the type of solar panels you choose and the solar contractor you hire.Despite the high upfront cost, the average Granville homeowner can save about $16,000 on their electricity bills over 20 years, which is one of the perks of solar.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Granville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,601 |
| 3 years | $-12,646 |
| 5 years | $-9,691 |
| 7 years | $-6,736 |
| 9 years | $-3,781 |
| 11 years | $-827 |
| 13 years | $2,128 |
| 15 years | $5,083 |
| 17 years | $8,038 |
| 19 years | $10,993 |
| 21 years | $13,948 |
| 23 years | $16,903 |
| 25 years | $19,858 |
Top Solar Installers in Granville
When making the switch to solar, many homeowners prefer to go with a solar company since DIY solar panel installation can be a difficult project. A solar company can also help save you money over time by offering warranties, repairs and part replacements.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Granville:
See all of the solar companies in Granville
Factors that Affect Solar Panel Costs in Granville
Though the average cost of a solar system in Granville is $17,079, your final cost may differ. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,550. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Granville, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Granville to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to paying more over time because of interest.Although solar loans make switching to solar energy more accessible for Granville homeowners, they can also increase the total you pay for your system, depending on your interest rate. 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
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Granville is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services at different costs.Additionally, some companies in Granville 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 | $3.69 | $15,506 | $10,547 | 14.9 years |
| 8 kW | $3.62 | $20,278 | $14,460 | 14.6 years |
| 10 kW | $3.55 | $24,850 | $18,572 | 14.3 years |
| 12 kW | $3.48 | $29,224 | $22,883 | 14.0 years |
| 14 kW | $3.41 | $33,398 | $27,393 | 13.7 years |
| 16 kW | $3.34 | $37,374 | $32,101 | 13.4 years |
| 18 kW | $3.27 | $41,152 | $37,008 | 13.2 years |
| 20 kW | $3.19 | $44,730 | $42,114 | 12.9 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Contract: Before signing a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: The kind of solar panel you’d like to install plays a role in which installer you should opt for, since different companies have different panels.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
EcoWatch's Granville, PA Solar Cost FAQs
What is the average cost of installing solar panels in Granville?
This is a difficult question to answer exactly, because the cost depends on many 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Granville?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption 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 get between 20 and 35 panels to account for 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.