Solar Panel Cost Guide in Hatfield, PA (2024 Update)
- Hatfield Solar Installation Cost: $16,365
- 25-Year Savings: $17,275
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Hatfield
Let’s have a look at the average cost of solar panels in Hatfield.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Hatfield, the average cost of solar panels is 4 per watt.Since a 6.6-kW system is needed to cover the energy needs of a typical home in Hatfield, the average price of going solar will be about $16,365 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Hatfield homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Hatfield can save around $16,000 on their energy bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Hatfield
| Year | Return on Investment |
|---|---|
| 1 years | $-15,019 |
| 3 years | $-12,328 |
| 5 years | $-9,637 |
| 7 years | $-6,945 |
| 9 years | $-4,254 |
| 11 years | $-1,563 |
| 13 years | $1,128 |
| 15 years | $3,819 |
| 17 years | $6,511 |
| 19 years | $9,202 |
| 21 years | $11,893 |
| 23 years | $14,584 |
| 25 years | $17,275 |
Top Solar Installers in Hatfield
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with a solar panel installer can make swapping over to solar power much easier. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
If you're on the hunt for a solar installer in Hatfield, the EcoWatch team has organized a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Hatfield
Factors that Affect Solar Panel Costs in Hatfield
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that determine your overall cost in Hatfield: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
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 crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Hatfield average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Hatfield, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your total costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can affect the cost. Hatfield’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $3.69 | $15,506 | $9,887 | 15.3 years |
| 8 kW | $3.62 | $20,278 | $13,580 | 15.0 years |
| 10 kW | $3.55 | $24,850 | $17,472 | 14.7 years |
| 12 kW | $3.48 | $29,224 | $21,563 | 14.4 years |
| 14 kW | $3.41 | $33,398 | $25,852 | 14.1 years |
| 16 kW | $3.34 | $37,374 | $30,341 | 13.8 years |
| 18 kW | $3.27 | $41,152 | $35,028 | 13.5 years |
| 20 kW | $3.19 | $44,730 | $39,914 | 13.2 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 tips to keep in mind to help with your decision:
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Hatfield, PA Solar Cost FAQs
How much does it cost to install solar panels in Hatfield?
The average cost of solar panels in Hatfield is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to think about when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Hatfield?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.