Solar Panel Cost Guide in Lower Mount Bethel, PA (Mar 2023)
- Lower Mount Bethel Solar Installation Cost: $11,977
- 25-Year Savings: $13,620
- Payback Period: 11.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Lower Mount Bethel
We break down average solar pricing in Lower Mount Bethel.
In Lower Mount Bethel, solar panels cost about 2.55 per watt on average. To account for the typical energy needs of the average home in Lower Mount Bethel, most homeowners require a 6.7-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,977, or $17,127 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy consumption and what company you go with. With typical savings of about $15,000 on energy bills over 20 years, many homeowners in Lower Mount Bethel find installing solar panels can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Lower Mount Bethel
| Year | Return on Investment |
|---|---|
| 1 years | $-10,953 |
| 3 years | $-8,906 |
| 5 years | $-6,858 |
| 7 years | $-4,810 |
| 9 years | $-2,762 |
| 11 years | $-715 |
| 13 years | $1,333 |
| 15 years | $3,381 |
| 17 years | $5,429 |
| 19 years | $7,477 |
| 21 years | $9,524 |
| 23 years | $11,572 |
| 25 years | $13,620 |
Top Solar Installers in Lower Mount Bethel
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar company can make your swap to solar power much easier. A solar company can also help save you money in the long run by providing warranties, repairs and component replacements.
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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Lower Mount Bethel
Factors that Affect Solar Panel Costs in Lower Mount Bethel
While the average cost of a solar system in Lower Mount Bethel is $11,977, your final cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in Lower Mount Bethel. There are many different solar panel brands and the one you choose also changes the cost. In general, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Lower Mount Bethel homeowners choose to finance their solar panel systems to make going solar more affordable. Although solar loans make switching to solar energy more accessible for Lower Mount Bethel homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. 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 company you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have 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 | $11,763 | 12.2 years |
| 8 kW | $2.60 | $14,566 | $15,970 | 11.9 years |
| 10 kW | $2.55 | $17,850 | $20,319 | 11.7 years |
| 12 kW | $2.50 | $20,992 | $24,811 | 11.5 years |
| 14 kW | $2.45 | $23,990 | $29,446 | 11.2 years |
| 16 kW | $2.40 | $26,846 | $34,224 | 11.0 years |
| 18 kW | $2.35 | $29,560 | $39,145 | 10.8 years |
| 20 kW | $2.29 | $32,130 | $44,208 | 10.5 years |
How to Save on Solar Panels
The solar installer you choose will affect 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 a few important things you should consider, including:
- Warranty: If you're concerned about the durability of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Contract: Before signing a contract with a solar company, make sure to look it over fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: The type of solar panel you want plays a part in which installer you should go with, since different companies provide different panels.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Lower Mount Bethel, PA Solar Cost FAQs
What is the average cost of installing solar panels in Lower Mount Bethel?
The average cost of solar panels in Lower Mount Bethel 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 stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Lower Mount Bethel?
Solar panels aren't free in Lower Mount Bethel, 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 will having solar panels impact my home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Lower Mount Bethel is currently $234,333, so you could be looking at a value of about $9,608 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Lower Mount Bethel is a worthwhile investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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.