Solar Panel Cost Guide in Hollidaysburg, PA (2023 Update)
- Hollidaysburg Solar Installation Cost: $17,182
- 25-Year Savings: $18,572
- Payback Period: 13.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated October 25, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Hollidaysburg
Find out how much it might cost to make the switch to solar in Hollidaysburg.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Hollidaysburg, the typical cost of solar panels is 2.55 per watt.The average solar panel system size in Hollidaysburg is around 6.9 kilowatts, meaning a cost of about $12,334 for a solar installation, or $17,638 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Hollidaysburg homeowners. 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 $17,000 on energy bills over 20 years, many homeowners in Hollidaysburg find investing in solar has a decent ROI.
Click the button below to get connected to a top solar installer in your area for a customized quote.
Solar savings over time in Hollidaysburg
| Year | Return on Investment |
|---|---|
| 1 years | $-15,704 |
| 3 years | $-12,749 |
| 5 years | $-9,794 |
| 7 years | $-6,839 |
| 9 years | $-3,884 |
| 11 years | $-929 |
| 13 years | $2,025 |
| 15 years | $4,980 |
| 17 years | $7,935 |
| 19 years | $10,890 |
| 21 years | $13,845 |
| 23 years | $16,800 |
| 25 years | $19,755 |
Top Solar Installers in Hollidaysburg
When making the switch to solar, many homeowners prefer to use a solar installation company since putting up solar panels yourself can be a time-consuming project. Also, companies with a good 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 make the switch to solar but still aren't certain which solar system company to go with, here are our suggestions for providers in Hollidaysburg:
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 Hollidaysburg
Factors that Affect Solar Panel Costs in Hollidaysburg
There are many 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 energy 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 nearly $2,550. There are several different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also cost more. Plus, the type of equipment you want to install 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
If paying for solar panels out of pocket is too expensive, solar loans are a popular route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of renewable energy solutions in Hollidaysburg, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment.Larger national companies usually have lower costs, but some local companies undercut 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 car 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 | $11,320 | 14.5 years |
| 8 kW | $3.62 | $20,278 | $15,491 | 14.2 years |
| 10 kW | $3.55 | $24,850 | $19,861 | 13.9 years |
| 12 kW | $3.48 | $29,224 | $24,429 | 13.6 years |
| 14 kW | $3.41 | $33,398 | $29,197 | 13.3 years |
| 16 kW | $3.34 | $37,374 | $34,163 | 13.1 years |
| 18 kW | $3.27 | $41,152 | $39,328 | 12.8 years |
| 20 kW | $3.19 | $44,730 | $44,691 | 12.5 years |
How to Save on Solar Panels
There are many companies to choose from in Hollidaysburg, 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:
- Contract: Look through the contract terms carefully to make sure you understand the total cost, completion timeline incentives and warranties.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
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 Hollidaysburg, PA Solar Cost FAQs
How much does it cost to install solar panels in Hollidaysburg?
The average cost of solar panels in Hollidaysburg 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 certain factors like the type 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 Hollidaysburg?
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 can't take advantage of 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 bang for your buck from going solar.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of 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 take a 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 get 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.