Solar Panel Cost Guide in Lemoyne, PA (2023 Update)
- Lemoyne Solar Installation Cost: $11,888
- 25-Year Savings: $12,423
- Payback Period: 12.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Lemoyne
See how much it might cost to install solar panels in Lemoyne.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lemoyne, the average cost of solar panels is 2.55 per watt. Because a 6.7-kW system is needed to cover the energy costs of a typical home in Lemoyne, the average price of going solar will be about $11,888 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of solar system you want, your solar contractor and more. For most homeowners, the upfront investment in solar power is worth paying. On average Lemoyne homeowners see about $14,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Lemoyne
| Year | Return on Investment |
|---|---|
| 1 years | $-10,916 |
| 3 years | $-8,971 |
| 5 years | $-7,026 |
| 7 years | $-5,081 |
| 9 years | $-3,136 |
| 11 years | $-1,191 |
| 13 years | $753 |
| 15 years | $2,698 |
| 17 years | $4,643 |
| 19 years | $6,588 |
| 21 years | $8,533 |
| 23 years | $10,478 |
| 25 years | $12,423 |
Top Solar Installers in Lemoyne
Installing solar panels by yourself can be a challenging project, which is why hiring a solar installer is a good option for many homeowners. Companies can also provide access to quality options of the best solar panels and help you choose which one will be best for your family.
If you're looking for a solar installer in Lemoyne, 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
See all of the solar companies in Lemoyne
Factors that Affect Solar Panel Costs in Lemoyne
While the average cost of a solar system in Lemoyne is $11,888, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the cost of solar panels in Lemoyne, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Lemoyne, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
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. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time because of interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you select will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and find a company that provides the products, warranties and services you're looking for and also fits within your budget.
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 | $10,755 | 12.7 years |
| 8 kW | $2.60 | $14,566 | $14,626 | 12.5 years |
| 10 kW | $2.55 | $17,850 | $18,639 | 12.2 years |
| 12 kW | $2.50 | $20,992 | $22,795 | 12.0 years |
| 14 kW | $2.45 | $23,990 | $27,094 | 11.7 years |
| 16 kW | $2.40 | $26,846 | $31,536 | 11.5 years |
| 18 kW | $2.35 | $29,560 | $36,121 | 11.3 years |
| 20 kW | $2.29 | $32,130 | $40,848 | 11.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Solar Panel Brands: Different companies will offer various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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 Lemoyne, PA Solar Cost FAQs
How much does it cost to install solar panels in Lemoyne?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly 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 other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Lemoyne?
Leasing solar panels can be an option if you can't afford to 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 home 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.
Does Lemoyne have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a 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 buy between 20 and 35 panels to cover 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.