Solar Panel Cost Guide in Lemoyne, PA (2024 Update)
- Lemoyne Solar Installation Cost: $16,556
- 25-Year Savings: $12,418
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Lemoyne
We go over average solar pricing in Lemoyne.
The average cost of a solar panel system in Lemoyne is 4 per watt.To account for the typical energy usage of the average home in Lemoyne, most homeowners require a 6.7-kilowatt system. Using the figure above, a solar installation costs about $16,556, or $23,675 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Lemoyne homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $14,000 over 20 years on energy bills.
You can click the button below to get connected with a vetted solar company in Lemoyne that can help you get a more accurate cost estimate for your home.
Solar savings over time in Lemoyne
| Year | Return on Investment |
|---|---|
| 1 years | $-15,211 |
| 3 years | $-12,519 |
| 5 years | $-9,828 |
| 7 years | $-7,137 |
| 9 years | $-4,446 |
| 11 years | $-1,755 |
| 13 years | $937 |
| 15 years | $3,628 |
| 17 years | $6,319 |
| 19 years | $9,010 |
| 21 years | $11,701 |
| 23 years | $14,393 |
| 25 years | $17,084 |
Top Solar Installers in Lemoyne
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make switching to solar power much easier. The payback period on a solar system will vary depending on factors like your roof configuration and energy use, but going with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you’d like to go solar but still aren’t sure which solar company to go with, here are our recommendations for providers in Lemoyne:
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 Lemoyne
Factors that Affect Solar Panel Costs in Lemoyne
The cost of installing a solar system in Lemoyne can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,550.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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 over time on your electric bills. In addition, add-on products, like solar batteries, can bring your total well above the Lemoyne average.
Solar Financing Terms
Many homeowners find the average cost of solar in Lemoyne to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.You’ll have to consider the long-term cost of loans, including the amount of 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 securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Lemoyne, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Lemoyne know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $3.69 | $15,506 | $6,387 | 17.7 years |
| 8 kW | $3.62 | $20,278 | $8,914 | 17.4 years |
| 10 kW | $3.55 | $24,850 | $11,639 | 17.0 years |
| 12 kW | $3.48 | $29,224 | $14,563 | 16.7 years |
| 14 kW | $3.41 | $33,398 | $17,686 | 16.3 years |
| 16 kW | $3.34 | $37,374 | $21,008 | 16.0 years |
| 18 kW | $3.27 | $41,152 | $24,529 | 15.7 years |
| 20 kW | $3.19 | $44,730 | $28,248 | 15.3 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Lemoyne, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of 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 satisfied reviews from past customers.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar company. Confirm that you understand how the installation process works and the project timeline.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
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 Lemoyne, PA Solar Cost FAQs
How much does it cost to install solar panels in Lemoyne?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly 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 higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Lemoyne?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.