Solar Panel Cost Guide in Leacock, PA (2024 Update)

  • Leacock Solar Installation Cost: $16,331
  • 25-Year Savings: $12,580
  • Payback Period: 16.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Leacock

Let’s have a look at the average cost of solar panels in Leacock.

Although the national average of solar panels is $2.66 per watt, solar panels in Leacock typically cost about 4.To cover the typical energy usage of the average home in Leacock, most homeowners require a 6.6-kilowatt system. Using the figure above, a solar installation costs around $16,331, or $23,353 before the federal solar tax credit of 0 is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Leacock homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the high initial cost, the average Leacock homeowner can save about $14,000 on their energy bills over 20 years, which is one of the benefits of solar.

You can click the button below to get connected with a pre-vetted solar company in Leacock that can help you get a more accurate cost estimate for your home.

Solar savings over time in Leacock

Year Return on Investment
1 years $-14,986
3 years $-12,295
5 years $-9,604
7 years $-6,912
9 years $-4,221
11 years $-1,530
13 years $1,161
15 years $3,852
17 years $6,544
19 years $9,235
21 years $11,926
23 years $14,617
25 years $17,308

Top Solar Installers in Leacock

Although you can install solar panels yourself, it involves extra labor and knowledge. For that reason, most homeowners choose to go with a solar panel installer. Also, companies with a good 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 licensed solar company can make going solar easier. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Leacock

Factors that Affect Solar Panel Costs in Leacock

The cost of installing a solar system in Leacock can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The size of the solar panel system you need for your household, 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 around $3,550. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Leacock, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.

Solar Panel Installation Company

The final significant cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Leacock, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 $3.69 $15,506 $6,688 17.5 years
8 kW $3.62 $20,278 $9,315 17.1 years
10 kW $3.55 $24,850 $12,141 16.8 years
12 kW $3.48 $29,224 $15,166 16.5 years
14 kW $3.41 $33,398 $18,389 16.1 years
16 kW $3.34 $37,374 $21,811 15.8 years
18 kW $3.27 $41,152 $25,432 15.5 years
20 kW $3.19 $44,730 $29,252 15.1 years

How to Save on Solar Panels

The solar panel company you choose will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:

  • Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
  • 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 if the company goes out of business.
  • Warranty: If you’re concerned about the longevity of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Leacock, PA Solar Cost FAQs

How much does it cost to install solar panels in Leacock?

This is a hard question to answer precisely, because the cost depends on a variety of 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 higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

Should I lease or buy solar panels in Leacock?

Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.

Can solar panels eliminate my power bills?

Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $739.82 per year.

How long do solar panels last in Leacock?

On average, solar panels can last 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 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.

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