Solar Panel Cost Guide in Maidencreek, PA (2024 Update)
- Maidencreek Solar Installation Cost: $16,528
- 25-Year Savings: $13,511
- Payback Period: 16.3 Years
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Average Cost of Solar Panels in Maidencreek
Let’s take a look at the average cost of solar in Maidencreek.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Maidencreek, the typical cost of solar panels is 4 per watt.To account for the typical energy usage of the average home in Maidencreek, most homeowners require a 6.7-kilowatt system. Using the per-watt figure above, a solar installation costs about $16,528, or $23,635 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of going solar can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what company you go with.Many homeowners find installing a solar system is a sound investment. The average homeowner in Maidencreek can save about $15,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Maidencreek for a quote for your home.
Solar savings over time in Maidencreek
| Year | Return on Investment |
|---|---|
| 1 years | $-15,285 |
| 3 years | $-12,799 |
| 5 years | $-10,313 |
| 7 years | $-7,827 |
| 9 years | $-5,341 |
| 11 years | $-2,855 |
| 13 years | $-369 |
| 15 years | $2,117 |
| 17 years | $4,603 |
| 19 years | $7,089 |
| 21 years | $9,575 |
| 23 years | $12,061 |
| 25 years | $14,547 |
Top Solar Installers in Maidencreek
When making the switch to solar, many homeowners choose to hire a solar installer since putting up a solar system yourself can be a challenging project. The payback period of solar panels will vary depending on factors like your location and energy usage, but going with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Maidencreek
Factors that Affect Solar Panel Costs in Maidencreek
The cost of installing a solar system in Maidencreek can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
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 about $3,550 per kilowatt in Maidencreek.The kind of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Maidencreek, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable.It’s a good idea to include 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 off the loan.
Solar Panel Installation Company
The final major cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Maidencreek, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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 | $3.69 | $15,506 | $7,392 | 16.9 years |
| 8 kW | $3.62 | $20,278 | $10,253 | 16.6 years |
| 10 kW | $3.55 | $24,850 | $13,314 | 16.3 years |
| 12 kW | $3.48 | $29,224 | $16,573 | 16.0 years |
| 14 kW | $3.41 | $33,398 | $20,031 | 15.6 years |
| 16 kW | $3.34 | $37,374 | $23,687 | 15.3 years |
| 18 kW | $3.27 | $41,152 | $27,543 | 15.0 years |
| 20 kW | $3.19 | $44,730 | $31,597 | 14.7 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Warranty: If you’re concerned about the endurance of your solar panels, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Maidencreek, PA Solar Cost FAQs
What is the average cost of installing solar panels in Maidencreek?
The average cost of solar panels in Maidencreek is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Maidencreek?
A solar panel system isn’t free in Maidencreek, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Maidencreek is currently $264,730, so you can expect a value of about $10,854 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Maidencreek is a fruitful 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 average daily sunlight your roof gets. You can take a 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 account for 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.