Solar Panel Cost Guide in Gregg, PA (2023 Update)
- Gregg Solar Installation Cost: $12,326
- 25-Year Savings: $11,168
- Payback Period: 13.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Gregg
We break down average solar pricing in Gregg.
Although the national average of solar panels is $2.66 per watt, solar panels in Gregg generally cost around 2.55. Using this figure, a typical 6.9-kW system would cost about $12,334 before the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs may differ based on your specific situation and what company you want to go with. Even with the high upfront cost, the average Gregg homeowner can save about $13,000 on their electricity bills over 20 years, which is one of the benefits 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 Gregg
Year | Return on Investment |
---|---|
1 years | $-10,980 |
3 years | $-8,289 |
5 years | $-5,598 |
7 years | $-2,907 |
9 years | $-215 |
11 years | $2,476 |
13 years | $5,167 |
15 years | $7,858 |
17 years | $10,549 |
19 years | $13,240 |
21 years | $15,932 |
23 years | $18,623 |
25 years | $21,314 |
Top Solar Installers in Gregg
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Going with a solar company can make switching to solar power much easier. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
Working with a licensed solar installer can make going solar easier. 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 Gregg
Factors that Affect Solar Panel Costs in Gregg
There are several criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Gregg, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can determine by looking at past electricity bills. Your overall cost can increase by around $2,550 for each additional kilowatt you need. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Gregg, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's important to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can influence your pricing. Gregg's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Gregg know more 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 | $2.65 | $11,138 | $9,276 | 13.6 years |
8 kW | $2.60 | $14,566 | $12,653 | 13.4 years |
10 kW | $2.55 | $17,850 | $16,173 | 13.1 years |
12 kW | $2.50 | $20,992 | $19,837 | 12.9 years |
14 kW | $2.45 | $23,990 | $23,642 | 12.6 years |
16 kW | $2.40 | $26,846 | $27,591 | 12.3 years |
18 kW | $2.35 | $29,560 | $31,683 | 12.1 years |
20 kW | $2.29 | $32,130 | $35,917 | 11.8 years |
How to Save on Solar Panels
There are numerous companies to choose from in Gregg, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: If you care about the endurance of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
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 Gregg, PA Solar Cost FAQs
What is the average cost of installing solar panels in Gregg?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 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 higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Gregg?
You can't get solar panels for free in Gregg. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Gregg have a net metering program?
Most states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can 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.