Solar Panel Cost Guide in Loyalhanna, PA (Mar 2023)
- Loyalhanna Solar Installation Cost: $12,549
- 25-Year Savings: $8,495
- Payback Period: 14.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Loyalhanna
Find out what the average cost of installing solar panels is in Loyalhanna.
While the national average of solar panels is $2.66 per watt, solar panels in Loyalhanna generally cost about 2.55. Using this figure, a typical 7.0-kW system would cost about $12,549 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary based on several factors, such as what size system you need, your energy consumption and what company you go with. Many homeowners find installing solar panels is a sound investment. The average homeowner in Loyalhanna can save about $11,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Loyalhanna
| Year | Return on Investment |
|---|---|
| 1 years | $-11,707 |
| 3 years | $-10,023 |
| 5 years | $-8,340 |
| 7 years | $-6,656 |
| 9 years | $-4,973 |
| 11 years | $-3,289 |
| 13 years | $-1,606 |
| 15 years | $78 |
| 17 years | $1,761 |
| 19 years | $3,445 |
| 21 years | $5,128 |
| 23 years | $6,812 |
| 25 years | $8,495 |
Top Solar Installers in Loyalhanna
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Going with a solar company can make converting to solar power much easier. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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 Loyalhanna
Factors that Affect Solar Panel Costs in Loyalhanna
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Loyalhanna: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in Loyalhanna. There are several different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Loyalhanna provide solar loans, which reduce your upfront costs of installing solar. Although solar loans make adopting solar energy more accessible for Loyalhanna homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Loyalhanna, and each can charge different amounts for labor and equipment. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $6,817 | 15.5 years |
| 8 kW | $2.60 | $14,566 | $9,375 | 15.2 years |
| 10 kW | $2.55 | $17,850 | $12,075 | 14.9 years |
| 12 kW | $2.50 | $20,992 | $14,919 | 14.6 years |
| 14 kW | $2.45 | $23,990 | $17,905 | 14.3 years |
| 16 kW | $2.40 | $26,846 | $21,034 | 14.0 years |
| 18 kW | $2.35 | $29,560 | $24,306 | 13.7 years |
| 20 kW | $2.29 | $32,130 | $27,720 | 13.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and type has 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.
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: When making the switch to solar power, it's important to maintain an open line of communication with your solar company. Make sure you understand how the installation process will go and the project timeline.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 Loyalhanna, PA Solar Cost FAQs
How much does it cost to install solar panels in Loyalhanna?
The average cost of solar panels in Loyalhanna is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Loyalhanna?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
How many solar panels should I get to power 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 home 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.