Solar Panel Cost Guide in Harmony, PA (2023 Update)
- Harmony Solar Installation Cost: $12,459
- 25-Year Savings: $15,431
- Payback Period: 11.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Harmony
Find out what the average cost of solar panels are in Harmony.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Harmony, the typical cost of a solar system is 2.55 per watt. The average Harmony homeowner needs a 7.0-kilowatt system, which would cost about $12,459 with the federal tax credit, or $17,816 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of making the switch to solar can vary based on several factors, such as what size system you need, your energy usage and what company you go with. Even with the significant upfront cost, the average Harmony homeowner can save around $15,000 on their energy bills over 20 years, which is one of the positives of solar.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Harmony
| Year | Return on Investment |
|---|---|
| 1 years | $-11,344 |
| 3 years | $-9,112 |
| 5 years | $-6,881 |
| 7 years | $-4,650 |
| 9 years | $-2,419 |
| 11 years | $-187 |
| 13 years | $2,044 |
| 15 years | $4,275 |
| 17 years | $6,506 |
| 19 years | $8,737 |
| 21 years | $10,969 |
| 23 years | $13,200 |
| 25 years | $15,431 |
Top Solar Installers in Harmony
Although you can install solar panels on your own, it involves extra labor and expertise. Because of that, almost all homeowners choose to go with a solar panel installer. Companies can also provide access to quality options of the best solar panels and help you pick which one will be right for you.
If you'd like to start using solar energy but still aren't sure which solar system company to go with, here are our suggestions for providers near you:
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 Harmony
Factors that Affect Solar Panel Costs in Harmony
There are several criteria that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,550. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. Additionally, add-on products, like solar batteries, can bring your total well above the Harmony average.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid option because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. It's a good idea to add 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
A final consideration when trying to figure out the cost of solar for your home or business in Harmony is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that provide a range of services at different price points. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that offers the products, warranties and services you're looking for and also is within your budget.
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 | $12,820 | 11.6 years |
| 8 kW | $2.60 | $14,566 | $17,379 | 11.4 years |
| 10 kW | $2.55 | $17,850 | $22,080 | 11.2 years |
| 12 kW | $2.50 | $20,992 | $26,925 | 11.0 years |
| 14 kW | $2.45 | $23,990 | $31,912 | 10.7 years |
| 16 kW | $2.40 | $26,846 | $37,042 | 10.5 years |
| 18 kW | $2.35 | $29,560 | $42,315 | 10.3 years |
| 20 kW | $2.29 | $32,130 | $47,731 | 10.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide 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 Harmony, PA Solar Cost FAQs
How much does it cost to install solar panels in Harmony?
The average cost of solar panels in Harmony 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 model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Harmony?
Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
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 stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt 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.