Solar Panel Cost Guide in Hollidaysburg, PA (2023 Update)
- Hollidaysburg Solar Installation Cost: $12,334
- 25-Year Savings: $18,580
- Payback Period: 10.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Hollidaysburg
We go over average solar pricing in Hollidaysburg.
In Hollidaysburg, solar panels cost about 2.55 per watt on average. 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 Hollidaysburg homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find adopting solar power is a sound investment. The average homeowner in Hollidaysburg can save about $17,000 on their electricity bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Hollidaysburg
| Year | Return on Investment |
|---|---|
| 1 years | $-11,098 |
| 3 years | $-8,625 |
| 5 years | $-6,152 |
| 7 years | $-3,678 |
| 9 years | $-1,205 |
| 11 years | $1,268 |
| 13 years | $3,741 |
| 15 years | $6,214 |
| 17 years | $8,687 |
| 19 years | $11,160 |
| 21 years | $13,633 |
| 23 years | $16,107 |
| 25 years | $18,580 |
Top Solar Installers in Hollidaysburg
Although it's possible to install solar panels yourself, it involves extra labor and knowledge. For that reason, almost all homeowners choose to hire a solar panel installer. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you're looking for a solar company in Hollidaysburg, we've put together 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
See all of the solar companies in Hollidaysburg
Factors that Affect Solar Panel Costs in Hollidaysburg
For many Hollidaysburg homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Hollidaysburg, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,550. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Hollidaysburg, where sunlight isn't as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Hollidaysburg homeowners decide to finance their solar panel systems to make paying for solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Hollidaysburg, and each can charge varying amounts for labor and equipment. Additionally, some companies in Hollidaysburg have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $15,688 | 10.4 years |
| 8 kW | $2.60 | $14,566 | $21,203 | 10.2 years |
| 10 kW | $2.55 | $17,850 | $26,861 | 10.0 years |
| 12 kW | $2.50 | $20,992 | $32,661 | 9.8 years |
| 14 kW | $2.45 | $23,990 | $38,605 | 9.6 years |
| 16 kW | $2.40 | $26,846 | $44,691 | 9.4 years |
| 18 kW | $2.35 | $29,560 | $50,920 | 9.2 years |
| 20 kW | $2.29 | $32,130 | $57,291 | 9.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you need plays a part in which company you should go with, since different companies provide different panels.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Contract: Look through the contract terms closely to make sure you understand the overall cost, project timeline rebates and warranties.
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
What is the average cost of installing 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 stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Hollidaysburg?
You can't get solar panels for free in Hollidaysburg. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $894.21 per year.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.