Solar Panel Cost Guide in Hegins, PA (2023 Update)
- Hegins Solar Installation Cost: $12,120
- 25-Year Savings: $12,191
- Payback Period: 12.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Hegins
Here's how much it might cost to install solar panels in Hegins.
The average cost of solar panels in Hegins is 2.55 per watt. Using this figure, a typical 6.8-kW system would cost about $12,120 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy consumption, the type of solar system you choose, your solar contractor and more. Despite the large upfront cost, the average Hegins homeowner can save about $14,000 on their energy bills over 20 years, which is one of the perks of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Hegins
| Year | Return on Investment |
|---|---|
| 1 years | $-11,148 |
| 3 years | $-9,203 |
| 5 years | $-7,258 |
| 7 years | $-5,313 |
| 9 years | $-3,368 |
| 11 years | $-1,423 |
| 13 years | $521 |
| 15 years | $2,466 |
| 17 years | $4,411 |
| 19 years | $6,356 |
| 21 years | $8,301 |
| 23 years | $10,246 |
| 25 years | $12,191 |
Top Solar Installers in Hegins
When making the switch to solar, many homeowners prefer to hire a solar installer since putting up solar panels yourself can be a time-consuming project. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you'd like to start using solar energy but still aren't certain which solar panel company to go with, here are our recommendations 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 Hegins
Factors that Affect Solar Panel Costs in Hegins
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Hegins: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. There are a lot of different solar panel brands and the one you choose also changes the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are provided by most installers in Hegins, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your overall costs, so it's vital to take that into consideration 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
A final factor to consider when trying to figure out the cost of solar for your home or business in Hegins is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that provide a range of services at different price points. 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 add-on 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 | $2.65 | $11,138 | $10,355 | 13.0 years |
| 8 kW | $2.60 | $14,566 | $14,092 | 12.7 years |
| 10 kW | $2.55 | $17,850 | $17,972 | 12.5 years |
| 12 kW | $2.50 | $20,992 | $21,995 | 12.2 years |
| 14 kW | $2.45 | $23,990 | $26,161 | 12.0 years |
| 16 kW | $2.40 | $26,846 | $30,469 | 11.7 years |
| 18 kW | $2.35 | $29,560 | $34,920 | 11.5 years |
| 20 kW | $2.29 | $32,130 | $39,514 | 11.2 years |
How to Save on Solar Panels
There are a large number of companies available in Hegins, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: The kind of solar panel you'd like plays a role in which company you should opt for, since different companies offer different panels.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Contract: Though 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 the terms of the warranty.
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 Hegins, PA Solar Cost FAQs
What is the average cost of installing solar panels in Hegins?
The average cost of solar panels in Hegins is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Hegins?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How much can I save on electricity bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Hegins, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.