Solar Panel Cost Guide in Green, PA (2023 Update)
- Green Solar Installation Cost: $12,638
- 25-Year Savings: $18,466
- Payback Period: 10.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Green
Let's have a look at the average cost of solar in Green.
The average cost of a solar panel system in Green is 2.55 per watt. Using this figure, a typical 7.1-kW system would cost about $12,638 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going solar can vary depending on a few factors, such as how many panels you need, your energy usage and what solar installer you go with. But, after you've paid the initial cost of installation, the savings for most homeowners is usually good, with a net average savings of about $17,000 over 20 years on energy bills.
To receive a free estimate from a highly rated solar installation company in Green, you can click the button below.
Solar savings over time in Green
| Year | Return on Investment |
|---|---|
| 1 years | $-11,394 |
| 3 years | $-8,905 |
| 5 years | $-6,417 |
| 7 years | $-3,929 |
| 9 years | $-1,440 |
| 11 years | $1,048 |
| 13 years | $3,536 |
| 15 years | $6,025 |
| 17 years | $8,513 |
| 19 years | $11,001 |
| 21 years | $13,490 |
| 23 years | $15,978 |
| 25 years | $18,466 |
Top Solar Installers in Green
Although it's possible to install solar panels by yourself, it involves extra energy and know-how. That's one of the reasons most homeowners choose a solar panel installer. The expertise that solar installers provide can be useful as well, particularly if you aren't sure what type of solar equipment you need.
If you'd like to make the switch to solar but still aren't sure which solar panel installer to go with, here are our suggestions for providers 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 Green
Factors that Affect Solar Panel Costs in Green
For many Green homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Green, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Green to be too costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. 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 company you choose will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $15,214 | 10.6 years |
| 8 kW | $2.60 | $14,566 | $20,570 | 10.4 years |
| 10 kW | $2.55 | $17,850 | $26,070 | 10.2 years |
| 12 kW | $2.50 | $20,992 | $31,712 | 10.0 years |
| 14 kW | $2.45 | $23,990 | $37,498 | 9.8 years |
| 16 kW | $2.40 | $26,846 | $43,426 | 9.6 years |
| 18 kW | $2.35 | $29,560 | $49,496 | 9.3 years |
| 20 kW | $2.29 | $32,130 | $55,710 | 9.1 years |
How to Save on Solar Panels
The solar company you opt for will impact not only your total costs, but also the kinds 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:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
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 Green, PA Solar Cost FAQs
What is the average cost of installing solar panels in Green?
The average cost of solar panels in Green 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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Green?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home 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 bang for your buck from going solar.
Is it worth going solar in Green?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Green?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.