Solar Panel Cost Guide in Leola, PA (2023 Update)
- Leola Solar Installation Cost: $11,727
- 25-Year Savings: $12,583
- Payback Period: 12.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Leola
Find out what the average cost of installing solar panels is in Leola.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Leola, the typical cost of a solar system is 2.55 per watt. Using this figure, a typical 6.6-kW system would cost about $11,727 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Leola homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Leola can save around $14,000 on their power bills over 20 years.
To get a free estimate from a top solar installation company in Leola, you can click the button below.
Solar savings over time in Leola
| Year | Return on Investment |
|---|---|
| 1 years | $-10,755 |
| 3 years | $-8,810 |
| 5 years | $-6,865 |
| 7 years | $-4,920 |
| 9 years | $-2,976 |
| 11 years | $-1,031 |
| 13 years | $914 |
| 15 years | $2,859 |
| 17 years | $4,804 |
| 19 years | $6,749 |
| 21 years | $8,694 |
| 23 years | $10,638 |
| 25 years | $12,583 |
Top Solar Installers in Leola
When going solar, many homeowners choose to use a solar company since installing solar panels yourself can be a time-consuming project. Plus, if you're unsure what type of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Leola
Factors that Affect Solar Panel Costs in Leola
There are many factors that can play into 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
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,550. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Leola, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a solid choice because they cut back your upfront costs and let you pay for your system over five to seven years on average. Although solar loans make going solar more accessible for Leola homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installation company you choose will influence your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $11,056 | 12.5 years |
| 8 kW | $2.60 | $14,566 | $15,027 | 12.3 years |
| 10 kW | $2.55 | $17,850 | $19,141 | 12.1 years |
| 12 kW | $2.50 | $20,992 | $23,398 | 11.8 years |
| 14 kW | $2.45 | $23,990 | $27,797 | 11.6 years |
| 16 kW | $2.40 | $26,846 | $32,339 | 11.3 years |
| 18 kW | $2.35 | $29,560 | $37,024 | 11.1 years |
| 20 kW | $2.29 | $32,130 | $41,852 | 10.9 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose considerably impacts your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
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 Leola, PA Solar Cost FAQs
What is the average cost of installing solar panels in Leola?
The average cost of solar panels in Leola 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Leola?
You can't get solar panels for free in Leola. However, you may still be able to get 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.
How will solar panels impact my home value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires 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 household 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.