Solar Panel Cost Guide in Kenmar, PA (2023 Update)
- Kenmar Solar Installation Cost: $12,566
- 25-Year Savings: $14,889
- Payback Period: 11.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Kenmar
Find out what the average cost of a solar system is in Kenmar.
The average cost of solar panels in Kenmar is 2.55 per watt. Using this figure, a typical 7.0-kW system would cost about $12,566 before the 30% federal solar tax credit is applied.
These figures are just estimates, and your own solar costs will most likely differ based on your energy needs and what company you choose to go with. Despite the large upfront cost, the average Kenmar homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Kenmar
| Year | Return on Investment |
|---|---|
| 1 years | $-11,468 |
| 3 years | $-9,272 |
| 5 years | $-7,075 |
| 7 years | $-4,879 |
| 9 years | $-2,683 |
| 11 years | $-486 |
| 13 years | $1,710 |
| 15 years | $3,907 |
| 17 years | $6,103 |
| 19 years | $8,299 |
| 21 years | $10,496 |
| 23 years | $12,692 |
| 25 years | $14,889 |
Top Solar Installers in Kenmar
When making the switch to solar, many homeowners opt to go with a solar installer since installing a solar system yourself can be a time-consuming project. Another advantage of utilizing a solar company is that they can help you optimize your return of investment by bringing down your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Kenmar:
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 Kenmar
Factors that Affect Solar Panel Costs in Kenmar
There are several factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend about $2,550 per kilowatt in Kenmar. The model of solar panels and equipment you choose is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment is more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid option because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. While solar loans make switching to solar energy more accessible for Kenmar homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of clean energy solutions in Kenmar, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $12,255 | 11.9 years |
| 8 kW | $2.60 | $14,566 | $16,625 | 11.7 years |
| 10 kW | $2.55 | $17,850 | $21,139 | 11.4 years |
| 12 kW | $2.50 | $20,992 | $25,795 | 11.2 years |
| 14 kW | $2.45 | $23,990 | $30,594 | 11.0 years |
| 16 kW | $2.40 | $26,846 | $35,536 | 10.8 years |
| 18 kW | $2.35 | $29,560 | $40,620 | 10.5 years |
| 20 kW | $2.29 | $32,130 | $45,848 | 10.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar company, make sure to look it over carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
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 Kenmar, PA Solar Cost FAQs
How much does it cost to install solar panels in Kenmar?
The average cost of solar panels in Kenmar 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.
Can you get solar panels for free in Kenmar?
You can't get solar panels for free in Kenmar. However, you may still be able to install 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.
Can solar panels significantly reduce my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Kenmar, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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 install between 20 and 35 panels to account for 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.