Solar Panel Cost Guide in Lower Macungie, PA (2023 Update)
- Lower Macungie Solar Installation Cost: $11,918
- 25-Year Savings: $12,744
- Payback Period: 12.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Lower Macungie
Find out how much it might cost to make the switch to solar in Lower Macungie.
In Lower Macungie, solar panels cost about 2.55 per watt on average. The average solar panel system size in Lower Macungie is around 6.7 kilowatts, meaning a cost of about $11,924 for a solar installation, or $17,051 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of installing solar panels can vary based on a few factors, such as what size system you need, your energy usage and what installation company you go with. Even with the large initial cost, the average Lower Macungie homeowner can save around $14,000 on their electricity bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a top solar installer in Lower Macungie for a quote for your home.
Solar savings over time in Lower Macungie
| Year | Return on Investment |
|---|---|
| 1 years | $-10,611 |
| 3 years | $-7,996 |
| 5 years | $-5,382 |
| 7 years | $-2,768 |
| 9 years | $-154 |
| 11 years | $2,461 |
| 13 years | $5,075 |
| 15 years | $7,689 |
| 17 years | $10,303 |
| 19 years | $12,917 |
| 21 years | $15,532 |
| 23 years | $18,146 |
| 25 years | $20,760 |
Top Solar Installers in Lower Macungie
Although you can install solar panels on your own, it requires extra labor and handiness. That's why most homeowners choose a solar panel installer. Another perk of going with a solar installer is that they can help you optimize your investment by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you're looking for a solar company in Lower Macungie, 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 Lower Macungie
Factors that Affect Solar Panel Costs in Lower Macungie
Even though the average cost of a solar system in Lower Macungie is $11,924, your final cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up 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 Lower Macungie, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, 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
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Lower Macungie, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your total costs, so it's important to take that into consideration 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
Finally, the company you opt for to install your solar system can influence your pricing. Lower Macungie's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: If you're concerned about the longevity of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which installer you should choose, since different companies offer different panels.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer high-quality solar panel installation and expertise.
- Contract: Before you sign a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
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 Lower Macungie, PA Solar Cost FAQs
How much does it cost to install solar panels in Lower Macungie?
This is a tough 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 additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Lower Macungie?
You can't get solar panels for free in Lower Macungie. 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 rather own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact my property value?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't go 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."
How long do solar panels last in Lower Macungie?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having 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.