Solar Panel Cost Guide in Hilltown, PA (2023 Update)
- Hilltown Solar Installation Cost: $11,745
- 25-Year Savings: $14,284
- Payback Period: 11.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Hilltown
Find out what the average cost of solar panels are in Hilltown.
While the national average of solar panels is $2.66 per watt, solar panels in Hilltown typically cost around 2.55. To account for the typical energy usage of the average home in Hilltown, most homeowners require a 6.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,745, or $16,795 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Hilltown homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. With average savings of about $15,000 on electricity bills over 20 years, many homeowners in Hilltown find investing in solar can be quite rewarding.
You can click the button below to get connected with a top solar installer in Hilltown that can help you get a more accurate cost estimate for your home.
Solar savings over time in Hilltown
| Year | Return on Investment |
|---|---|
| 1 years | $-10,704 |
| 3 years | $-8,622 |
| 5 years | $-6,539 |
| 7 years | $-4,457 |
| 9 years | $-2,375 |
| 11 years | $-292 |
| 13 years | $1,790 |
| 15 years | $3,873 |
| 17 years | $5,955 |
| 19 years | $8,037 |
| 21 years | $10,120 |
| 23 years | $12,202 |
| 25 years | $14,284 |
Top Solar Installers in Hilltown
When switching to solar energy, many homeowners choose to use a solar installation company since installing solar panels yourself can be a difficult project. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
Working with a professional solar company can help you make the most of your investment in solar. 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 Hilltown
Factors that Affect Solar Panel Costs in Hilltown
The cost of installing a solar system in Hilltown can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar energy system in Hilltown, 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 usage, which you can determine by looking at past energy bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. 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, more efficient panels could save you more over time on your electric bills. In addition, add-on products, like solar batteries, can bump up your total well above the Hilltown average.
Solar Financing Terms
Most solar companies in Hilltown offer solar loans, which reduce the initial cost of installing a solar system. However, the interest on solar loans also increases your overall costs, so it's crucial to take that into consideration 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
The solar company you go with to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Hilltown, and each can charge different amounts for labor and equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $12,584 | 11.7 years |
| 8 kW | $2.60 | $14,566 | $17,065 | 11.5 years |
| 10 kW | $2.55 | $17,850 | $21,688 | 11.3 years |
| 12 kW | $2.50 | $20,992 | $26,454 | 11.1 years |
| 14 kW | $2.45 | $23,990 | $31,363 | 10.8 years |
| 16 kW | $2.40 | $26,846 | $36,415 | 10.6 years |
| 18 kW | $2.35 | $29,560 | $41,609 | 10.4 years |
| 20 kW | $2.29 | $32,130 | $46,946 | 10.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
- Contract: It's important to read through your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
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 Hilltown, PA Solar Cost FAQs
What is the average cost of installing solar panels in Hilltown?
The average cost of solar panels in Hilltown 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Hilltown is currently $312,393, which means you could be looking at a value of about $12,808 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Hilltown is a worthwhile investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know 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.