Solar Panel Cost Guide in Greene, PA (2023 Update)
- Greene Solar Installation Cost: $11,888
- 25-Year Savings: $13,699
- Payback Period: 11.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Greene
Find out what the average cost of a solar system is in Greene.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Greene, the typical cost of a solar system is 2.55 per watt. The average solar panel system size in Greene is around 6.7 kilowatts, meaning a cost of about $11,888 for a solar installation, or $17,000 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy consumption, the type of equipment you want, your solar contractor and more. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $15,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Greene
| Year | Return on Investment |
|---|---|
| 1 years | $-10,865 |
| 3 years | $-8,818 |
| 5 years | $-6,771 |
| 7 years | $-4,724 |
| 9 years | $-2,677 |
| 11 years | $-630 |
| 13 years | $1,417 |
| 15 years | $3,464 |
| 17 years | $5,511 |
| 19 years | $7,558 |
| 21 years | $9,605 |
| 23 years | $11,652 |
| 25 years | $13,699 |
Top Solar Installers in Greene
Although you can install solar panels on your own, it requires extra effort and handiness. That's one of the reasons most people choose a solar panel installer. Plus, if you're not certain what brand of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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 Greene
Factors that Affect Solar Panel Costs in Greene
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Greene: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
When it comes to estimating the cost of solar panels in Greene, 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 consumption, which you can determine by looking at past energy bills. Your overall cost can increase by around $2,550 for each additional kilowatt you need. The model of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment is more than 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 for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Greene homeowners choose to finance their solar panel systems to make going solar more affordable. It's a good idea to include 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 the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar panels can impact the cost. Greene's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $11,905 | 12.1 years |
| 8 kW | $2.60 | $14,566 | $16,158 | 11.9 years |
| 10 kW | $2.55 | $17,850 | $20,555 | 11.6 years |
| 12 kW | $2.50 | $20,992 | $25,094 | 11.4 years |
| 14 kW | $2.45 | $23,990 | $29,777 | 11.2 years |
| 16 kW | $2.40 | $26,846 | $34,602 | 10.9 years |
| 18 kW | $2.35 | $29,560 | $39,569 | 10.7 years |
| 20 kW | $2.29 | $32,130 | $44,680 | 10.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations 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 the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
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 Greene, PA Solar Cost FAQs
How much does it cost to install solar panels in Greene?
The average cost of solar panels in Greene 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Greene, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 buy 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.
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.