Solar Panel Cost Guide in Jim Thorpe, PA (2025 Update)
- Jim Thorpe Solar Installation Cost: $16,942
- 25-Year Savings: $12,570
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in Jim Thorpe
We break down average solar pricing in Jim Thorpe.
The national average cost of solar panels is $2.66 per watt, but in Jim Thorpe it’s 4 per watt.Using this figure, a typical 6.8-kW system would cost about $16,942 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar system you want to get, your solar contractor and more.But, after you've paid the upfront cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $14,000 over 20 years on electricity bills.
To receive a free estimate from a vetted solar installer in Jim Thorpe, you can click the button below.
Solar savings over time in Jim Thorpe
Year | Return on Investment |
---|---|
1 years | $-15,648 |
3 years | $-13,059 |
5 years | $-10,471 |
7 years | $-7,882 |
9 years | $-5,294 |
11 years | $-2,705 |
13 years | $-116 |
15 years | $2,472 |
17 years | $5,061 |
19 years | $7,649 |
21 years | $10,238 |
23 years | $12,826 |
25 years | $15,415 |
Top Solar Installers in Jim Thorpe
When going solar, many homeowners opt to hire a solar installation company since installing a solar system yourself can be a time-consuming project. Some solar installers, especially local ones, can help you take advantage of incentives in Jim Thorpe, therefore optimizing your ROI.
If you're searching for a solar installer in Jim Thorpe, we've organized 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
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 Jim Thorpe
Factors that Affect Solar Panel Costs in Jim Thorpe
The cost of installing a solar system in Jim Thorpe can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, 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 about $3,550. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Jim Thorpe average.
Solar Financing Terms
If paying for solar panels in cash is difficult, 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 loans, including the total 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Jim Thorpe, and each can charge varying amounts for labor and equipment.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $6,266 | 17.8 years |
8 kW | $3.62 | $20,278 | $8,752 | 17.5 years |
10 kW | $3.55 | $24,850 | $11,437 | 17.1 years |
12 kW | $3.48 | $29,224 | $14,321 | 16.8 years |
14 kW | $3.41 | $33,398 | $17,403 | 16.4 years |
16 kW | $3.34 | $37,374 | $20,685 | 16.1 years |
18 kW | $3.27 | $41,152 | $24,165 | 15.8 years |
20 kW | $3.19 | $44,730 | $27,844 | 15.4 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose considerably influences your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: If you care about the durability of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the completion timeline.
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 Jim Thorpe, PA Solar Cost FAQs
What is the average cost of installing solar panels in Jim Thorpe?
The average cost of solar panels in Jim Thorpe is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Jim Thorpe?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Can you sell solar power back to the grid in Jim Thorpe?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.