Solar Panel Cost Guide in Maidencreek, PA (2023 Update)
- Maidencreek Solar Installation Cost: $11,872
- 25-Year Savings: $13,511
- Payback Period: 11.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Maidencreek
We break down average solar pricing in Maidencreek.
The national average cost of solar panels is $2.66 per watt, but in Maidencreek it's 2.55 per watt. The average solar panel system size in Maidencreek is around 6.7 kilowatts, meaning a cost of about $11,870 for a solar installation, or $16,974 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Maidencreek homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $15,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar installer in Maidencreek that can help you get a more accurate cost estimate for your home.
Solar savings over time in Maidencreek
Year | Return on Investment |
---|---|
1 years | $-11,787 |
3 years | $-11,618 |
5 years | $-11,449 |
7 years | $-11,280 |
9 years | $-11,111 |
11 years | $-10,941 |
13 years | $-10,772 |
15 years | $-10,603 |
17 years | $-10,434 |
19 years | $-10,265 |
21 years | $-10,095 |
23 years | $-9,926 |
25 years | $-9,757 |
Top Solar Installers in Maidencreek
Putting up solar panels by yourself can be a difficult undertaking, which is why getting a solar installation company is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you decide which one will be best for you.
There are several licensed solar professionals that can help you install your solar system. 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
See all of the solar companies in Maidencreek
Factors that Affect Solar Panel Costs in Maidencreek
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that determine your overall cost in Maidencreek: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Maidencreek, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can gauge by looking at past energy bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Maidencreek homeowners choose to finance their solar panel systems to make paying for solar more affordable. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you choose will play a role in your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. Companies that 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 come with an above-average cost. It's best to do some research and choose a company that provides the products, warranties and services you want and also is 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 | $2.65 | $11,138 | $11,760 | 12.2 years |
8 kW | $2.60 | $14,566 | $15,965 | 11.9 years |
10 kW | $2.55 | $17,850 | $20,314 | 11.7 years |
12 kW | $2.50 | $20,992 | $24,805 | 11.5 years |
14 kW | $2.45 | $23,990 | $29,439 | 11.2 years |
16 kW | $2.40 | $26,846 | $34,215 | 11.0 years |
18 kW | $2.35 | $29,560 | $39,135 | 10.8 years |
20 kW | $2.29 | $32,130 | $44,197 | 10.5 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: The brand of solar panel you'd like to install plays a role in which installer you should choose, since different companies offer different panels.
- Reputation: Companies that have been in business for many years likely have a good 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.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running smoothly and save you money on part replacement and repairs.
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 Maidencreek, PA Solar Cost FAQs
How much does it cost to install solar panels in Maidencreek?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Generally 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 extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels significantly reduce my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Maidencreek, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.