Solar Panel Cost Guide in Lewisburg, PA (2024 Update)
- Lewisburg Solar Installation Cost: $17,159
- 25-Year Savings: $8,098
- Payback Period: 21.0 Years
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Average Cost of Solar Panels in Lewisburg
We go over average solar pricing in Lewisburg.
The national average cost of solar panels is $2.66 per watt, but in Lewisburg it’s 4 per watt.Using this figure, a typical 6.9-kW system would cost about $17,159 before the 0 federal solar tax credit is applied.
How much you pay can go higher or lower than the average in Lewisburg based on several factors, such as the brand of solar panels you choose and the solar company you hire.But, once you've paid the initial cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $11,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Lewisburg
| Year | Return on Investment |
|---|---|
| 1 years | $-16,052 |
| 3 years | $-13,837 |
| 5 years | $-11,621 |
| 7 years | $-9,406 |
| 9 years | $-7,191 |
| 11 years | $-4,976 |
| 13 years | $-2,761 |
| 15 years | $-546 |
| 17 years | $1,670 |
| 19 years | $3,885 |
| 21 years | $6,100 |
| 23 years | $8,315 |
| 25 years | $10,530 |
Top Solar Installers in Lewisburg
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Going with a solar panel installer can make converting to solar power much easier. Because solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
There are a number of licensed solar professionals that can help you install your solar panels. 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Lewisburg
Factors that Affect Solar Panel Costs in Lewisburg
While the average cost of a solar system in Lewisburg is $17,159, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Lewisburg, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of 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 difficult, solar loans are a popular choice because they reduce your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also adds to your all-in costs, so it’s important to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can influence the cost. Lewisburg’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the 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 | $3.69 | $15,506 | $2,240 | 21.8 years |
| 8 kW | $3.62 | $20,278 | $3,384 | 21.4 years |
| 10 kW | $3.55 | $24,850 | $4,727 | 21.0 years |
| 12 kW | $3.48 | $29,224 | $6,269 | 20.6 years |
| 14 kW | $3.41 | $33,398 | $8,009 | 20.2 years |
| 16 kW | $3.34 | $37,374 | $9,949 | 19.7 years |
| 18 kW | $3.27 | $41,152 | $12,087 | 19.3 years |
| 20 kW | $3.19 | $44,730 | $14,424 | 18.9 years |
How to Save on Solar Panels
The solar installer you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, such as:
- Installation Process: When going solar, it’s necessary to maintain an open line of communication with your solar installer. See to it that you understand how the installation process will go and the completion timeline.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Lewisburg, PA Solar Cost FAQs
What is the average cost of installing solar panels in Lewisburg?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Lewisburg?
Solar panels aren’t free in Lewisburg, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $591.54 per year.
How long do solar panels last in Lewisburg?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.