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Top Solar Installers in Lower Macungie
Trying to put up solar panels by yourself can be a dangerous undertaking, which is why getting a solar installation company is a good option for many homeowners. Local solar companies can also help you optimize your return on investment by assisting with any local incentives you can take advantage of and by providing warranties and repairs.
If you'd like to go solar but still aren't certain which solar panel company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Lower Macungie
Factors that Affect Solar Panel Costs in Lower Macungie
While the average cost of solar panels in Lower Macungie is $11,924, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment Size
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size. Solar power systems that have greater efficiency or power generation 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 $2,550. The kind of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Lower Macungie to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest. When considering your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Lower Macungie is the company you get to install your PV system. Similar to choosing a company to build a deck or pool, for instance, there's no shortage of solar installers that provide a range of services for different budgets. Additionally, some companies in Lower Macungie have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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||$2.65||$11,138||$11,024||12.6 years|
|8 kW||$2.60||$14,566||$14,984||12.3 years|
|10 kW||$2.55||$17,850||$19,087||12.1 years|
|12 kW||$2.50||$20,992||$23,333||11.8 years|
|14 kW||$2.45||$23,990||$27,722||11.6 years|
|16 kW||$2.40||$26,846||$32,253||11.4 years|
|18 kW||$2.35||$29,560||$36,927||11.1 years|
|20 kW||$2.29||$32,130||$41,744||10.9 years|
Solar Incentives in Lower Macungie
|Name||Solar Alternative Energy Credits|
|Incentive Amount||Varies based on market conditions; during 2015 the market price for PA-sourced SRECs has ranged from approximately $32 - $55/MWh ($0.032 - $0.055/kWh) although individual trades have taken place at substantially lower and higher prices.|
|Incentive Max||Varies based on market conditions; SACP does not represent a price ceiling because it is only determined after the fact|
|More Info||Click here|
|Name||High Performance Building Incentives Program|
|Incentive Amount||Vary by project, but program generally requires matching funds at least equivalent to DCED funding|
|Incentive Max|| Residential loans/loan guarantees: $100,000 |
Commercial loans/loan guarantees: $2 million
Grants: Lesser of 10% of project costs or $500,000
|More Info||Click here|
How to Save on Solar Panels
The solar installer you opt for will influence 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 a few important things you should take into account, such as:
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: If you're concerned about the durability of your solar panel system, verifying your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
EcoWatch's Lower Macungie, PA Solar Cost FAQs
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.