Solar Panel Cost Guide in Green Tree, PA (2023 Update)
- Green Tree Solar Installation Cost: $12,441
- 25-Year Savings: $17,273
- Payback Period: 10.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Green Tree
Find out what the average cost of solar panel installation is in Green Tree.
The national average cost of solar panels is $2.66 per watt, but in Green Tree it's 2.55 per watt. Using this figure, a typical 7.0-kW system would cost about $12,441 before the 30% federal solar tax credit is applied.
Remember 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, your solar contractor and more. Many homeowners find going solar is a sound investment. The average homeowner in Green Tree can save about $16,000 on their power bills over 20 years.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Green Tree
| Year | Return on Investment |
|---|---|
| 1 years | $-12,342 |
| 3 years | $-12,144 |
| 5 years | $-11,946 |
| 7 years | $-11,748 |
| 9 years | $-11,550 |
| 11 years | $-11,352 |
| 13 years | $-11,154 |
| 15 years | $-10,956 |
| 17 years | $-10,758 |
| 19 years | $-10,559 |
| 21 years | $-10,361 |
| 23 years | $-10,163 |
| 25 years | $-9,965 |
Top Solar Installers in Green Tree
Many homeowners opt for a solar installation company since figuring out how to install solar panels yourself can be hard. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.
There are a number of 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
See all of the solar companies in Green Tree
Factors that Affect Solar Panel Costs in Green Tree
Although the average cost of a solar system in Green Tree is $12,441, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The kind of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about 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 for a solar system that's in your budget.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your all-in costs, so it's crucial to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the growing popularity of renewable energy solutions in Green Tree, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $14,440 | 10.9 years |
| 8 kW | $2.60 | $14,566 | $19,539 | 10.7 years |
| 10 kW | $2.55 | $17,850 | $24,781 | 10.5 years |
| 12 kW | $2.50 | $20,992 | $30,166 | 10.3 years |
| 14 kW | $2.45 | $23,990 | $35,693 | 10.0 years |
| 16 kW | $2.40 | $26,846 | $41,364 | 9.8 years |
| 18 kW | $2.35 | $29,560 | $47,177 | 9.6 years |
| 20 kW | $2.29 | $32,130 | $53,132 | 9.4 years |
How to Save on Solar Panels
There are many companies available in Green Tree, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will have various brands and types of panels. If you want a specific brand, make sure the solar company you're considering has it.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
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 Tree, PA Solar Cost FAQs
What is the average cost of installing solar panels in Green Tree?
The average cost of solar panels in Green Tree 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 type 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 your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How will solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Green Tree is currently $138,955, which means you can expect a value of about $5,697 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Green Tree is a fruitful investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 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.