Solar Panel Cost Guide in Ingram, PA (2023 Update)
- Ingram Solar Installation Cost: $12,441
- 25-Year Savings: $17,273
- Payback Period: 10.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Ingram
See how much it might cost to go solar in Ingram.
Although the national average of solar panels is $2.66 per watt, solar panels in Ingram typically cost about 2.55. The average solar panel system size in Ingram is around 7.0 kilowatts, meaning a cost of about $12,441 for a solar installation, or $17,791 before the 30% federal solar tax credit is applied.
The true cost of your system can go above or below the average in Ingram based on a variety of factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find going solar is a fruitful investment. The average homeowner in Ingram can save about $16,000 on their electricity bills over 20 years.
To get a free quote from a top solar installation company in Ingram, you can click the button below.
Solar savings over time in Ingram
| Year | Return on Investment |
|---|---|
| 1 years | $-11,253 |
| 3 years | $-8,876 |
| 5 years | $-6,499 |
| 7 years | $-4,122 |
| 9 years | $-1,744 |
| 11 years | $633 |
| 13 years | $3,010 |
| 15 years | $5,387 |
| 17 years | $7,764 |
| 19 years | $10,141 |
| 21 years | $12,518 |
| 23 years | $14,895 |
| 25 years | $17,273 |
Top Solar Installers in Ingram
Putting up solar panels by yourself can be a challenging project, which is why getting a solar installer is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Ingram:
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 Ingram
Factors that Affect Solar Panel Costs in Ingram
For many Ingram homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Ingram, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Ingram, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. There are many different solar panel brands and the one you choose also changes the cost. In general, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable option because they decrease your upfront costs and let you pay for your system over five to seven years on average. It's wise 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The final major cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in Ingram, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Ingram are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $14,440 | 10.9 years |
| 8 kW | $2.60 | $14,566 | $19,539 | 10.7 years |
| 10 kW | $2.55 | $17,850 | $24,781 | 10.5 years |
| 12 kW | $2.50 | $20,992 | $30,166 | 10.3 years |
| 14 kW | $2.45 | $23,990 | $35,693 | 10.0 years |
| 16 kW | $2.40 | $26,846 | $41,364 | 9.8 years |
| 18 kW | $2.35 | $29,560 | $47,177 | 9.6 years |
| 20 kW | $2.29 | $32,130 | $53,132 | 9.4 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- 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 likely has a good reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.
- 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.
- Solar Panel Brands: The model of solar panel you need plays a part in which installer you should go with, since different companies have access to different panels.
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 Ingram, PA Solar Cost FAQs
What is the average cost of installing solar panels in Ingram?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Ingram?
Solar panels aren't free in Ingram, but there are some options that can make getting them more feasible, 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 how much your home is worth?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Ingram?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.