Solar Panel Cost Guide in Hemlock Farms, PA (2023 Update)
- Hemlock Farms Solar Installation Cost: $12,143
- 25-Year Savings: $12,811
- Payback Period: 12.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Hemlock Farms
We break down average solar pricing in Hemlock Farms.
In Hemlock Farms, solar panels cost about 2.55 per watt on average. The average solar panel system size in Hemlock Farms is around 6.8 kilowatts, meaning a cost of about $12,138 for a solar installation, or $17,357 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of installing solar panels can vary quite a bit based on multiple factors, such as what size system you need, your energy consumption and what installation company you go with. With typical savings of about $14,000 on power bills over 20 years, many homeowners in Hemlock Farms find investing in solar can be quite rewarding.
Click the button below to get connected to a highly rated solar company in your area for a personalized estimate.
Solar savings over time in Hemlock Farms
| Year | Return on Investment |
|---|---|
| 1 years | $-12,060 |
| 3 years | $-11,893 |
| 5 years | $-11,727 |
| 7 years | $-11,561 |
| 9 years | $-11,394 |
| 11 years | $-11,228 |
| 13 years | $-11,062 |
| 15 years | $-10,895 |
| 17 years | $-10,729 |
| 19 years | $-10,563 |
| 21 years | $-10,396 |
| 23 years | $-10,230 |
| 25 years | $-10,063 |
Top Solar Installers in Hemlock Farms
Many homeowners opt for a solar installation company since installing solar panels on your own can be a labor-intensive endeavor. The expertise that solar companies offer can be valuable as well, especially if you don't quite know what brand of solar equipment you need.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Hemlock Farms
Factors that Affect Solar Panel Costs in Hemlock Farms
Though the average cost of a solar system in Hemlock Farms is $12,138, your actual cost may differ. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Hemlock Farms, one of the most crucial 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 gauge by looking at past electricity bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at 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 increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Hemlock Farms to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. While solar loans make adopting solar energy more accessible for Hemlock Farms homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Hemlock Farms, and each can charge varying amounts for labor and equipment. Additionally, some companies in Hemlock Farms are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $10,871 | 12.7 years |
| 8 kW | $2.60 | $14,566 | $14,780 | 12.4 years |
| 10 kW | $2.55 | $17,850 | $18,832 | 12.2 years |
| 12 kW | $2.50 | $20,992 | $23,027 | 11.9 years |
| 14 kW | $2.45 | $23,990 | $27,364 | 11.7 years |
| 16 kW | $2.40 | $26,846 | $31,844 | 11.4 years |
| 18 kW | $2.35 | $29,560 | $36,468 | 11.2 years |
| 20 kW | $2.29 | $32,130 | $41,234 | 10.9 years |
How to Save on Solar Panels
There are many companies available in Hemlock Farms, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Warranty: If you're concerned about the longevity of your solar panels, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Before you sign a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: Make sure you're on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
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 Hemlock Farms, PA Solar Cost FAQs
What is the average cost of installing solar panels in Hemlock Farms?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Hemlock Farms?
Leasing solar panels can be an option if you can't 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 savings from going solar.
Is it worth going solar in Hemlock Farms?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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.