Solar Panel Cost Guide in Hollidaysburg, PA (2024 Update)
- Hollidaysburg Solar Installation Cost: $17,182
- 25-Year Savings: $18,572
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Hollidaysburg
See how much it might cost to make the switch to solar in Hollidaysburg.
The average cost of a solar system in Hollidaysburg is 4 per watt.The average Hollidaysburg homeowner needs a 6.9-kilowatt system, which would cost about $17,182 with the federal tax credit, or $24,570 before the 0 tax credit is applied.
These figures are only estimates, and your own solar costs will vary based on your energy needs and what company you choose to go with.Even with the high initial cost, the average Hollidaysburg homeowner can save about $17,000 on their energy bills over 20 years, which is one of the advantages of solar.
To get a free quote from a highly rated solar installer in Hollidaysburg, you can click the button below.
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
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make switching to solar power much easier. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance in the long run.
There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Hollidaysburg
Factors that Affect Solar Panel Costs in Hollidaysburg
There are many factors that can affect 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
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Hollidaysburg, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable choice because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Hollidaysburg is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you’ll have many options for solar installers that offer a range of services at different price points.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and decide on the company that provides the products, warranties and services you want and also is within your budget.
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 a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Solar Panel Brands: The model of solar panel you’d like plays a role in which installer you should choose, since different companies have access to different panels.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Hollidaysburg, PA Solar Cost FAQs
How much does it cost to install solar panels in Hollidaysburg?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Hollidaysburg?
A solar panel system isn’t free in Hollidaysburg, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase your property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Hollidaysburg is currently $238,066, which means you could be looking at a value of about $9,761 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Hollidaysburg is a worthwhile investment.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.