Solar Panel Cost Guide in Homeacre-Lyndora, PA (2024 Update)
- Homeacre-Lyndora Solar Installation Cost: $17,361
- 25-Year Savings: $11,352
- Payback Period: 18.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Homeacre-Lyndora
Find out what the average cost of installing solar panels is in Homeacre-Lyndora.
While the national average of solar panels is $2.66 per watt, solar panels in Homeacre-Lyndora typically cost around 4.The average solar panel system size in Homeacre-Lyndora is around 7.0 kilowatts, meaning a cost of about $17,361 for a solar installation, or $24,826 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of solar panels you want, your solar contractor and more.But, after you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $13,000 over 20 years on energy bills.
Click the button below to get connected to a vetted solar company in your area for a custom estimate.
Solar savings over time in Homeacre-Lyndora
| Year | Return on Investment |
|---|---|
| 1 years | $-16,168 |
| 3 years | $-13,782 |
| 5 years | $-11,396 |
| 7 years | $-9,010 |
| 9 years | $-6,625 |
| 11 years | $-4,239 |
| 13 years | $-1,853 |
| 15 years | $533 |
| 17 years | $2,919 |
| 19 years | $5,304 |
| 21 years | $7,690 |
| 23 years | $10,076 |
| 25 years | $12,462 |
Top Solar Installers in Homeacre-Lyndora
Although you can install solar panels yourself, it requires extra effort and know-how. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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 Homeacre-Lyndora
Factors that Affect Solar Panel Costs in Homeacre-Lyndora
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Homeacre-Lyndora: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. 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.There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get 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
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Homeacre-Lyndora homeowners opt to finance their solar panel systems to offset upfront costs.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Homeacre-Lyndora is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that offer a range of services at different costs.The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $4,953 | 18.9 years |
| 8 kW | $3.62 | $20,278 | $7,001 | 18.6 years |
| 10 kW | $3.55 | $24,850 | $9,249 | 18.2 years |
| 12 kW | $3.48 | $29,224 | $11,695 | 17.9 years |
| 14 kW | $3.41 | $33,398 | $14,340 | 17.5 years |
| 16 kW | $3.34 | $37,374 | $17,184 | 17.1 years |
| 18 kW | $3.27 | $41,152 | $20,226 | 16.8 years |
| 20 kW | $3.19 | $44,730 | $23,468 | 16.4 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 pick the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the completion timeline.
- Contract: Before signing a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
- 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 good reviews from past customers.
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 Homeacre-Lyndora, PA Solar Cost FAQs
What is the average cost of installing solar panels in Homeacre-Lyndora?
The average cost of solar panels in Homeacre-Lyndora is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Homeacre-Lyndora?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you 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 usage and the average daily 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 get between 20 and 35 panels to cover 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.