Solar Panel Cost Guide in Martic, PA (2024 Update)
- Martic Solar Installation Cost: $16,331
- 25-Year Savings: $13,771
- Payback Period: 16.0 Years
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Average Cost of Solar Panels in Martic
See how much it might cost to make the switch to solar in Martic.
The national average cost of solar panels is $2.66 per watt, but in Martic it’s 4 per watt.Using this figure, a typical 6.6-kW system would cost about $16,331 before the 0 federal solar tax credit is applied.
The actual price you pay can go higher or lower than the average in Martic depending on a few factors, such as the brand of solar panels you choose and the solar company you hire.For most homeowners, the upfront investment in solar is worth paying. On average Martic homeowners see about $15,000 in savings on utility bills over 20 years.
To receive a free quote from a vetted solar installer in Martic, you can click the button below.
Solar savings over time in Martic
| Year | Return on Investment |
|---|---|
| 1 years | $-15,006 |
| 3 years | $-12,356 |
| 5 years | $-9,706 |
| 7 years | $-7,056 |
| 9 years | $-4,406 |
| 11 years | $-1,756 |
| 13 years | $894 |
| 15 years | $3,545 |
| 17 years | $6,195 |
| 19 years | $8,845 |
| 21 years | $11,495 |
| 23 years | $14,145 |
| 25 years | $16,795 |
Top Solar Installers in Martic
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Using a solar panel installer can make swapping over to solar power much easier. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Martic
Factors that Affect Solar Panel Costs in Martic
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Martic: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation 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 $3,550.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. In addition, extra products, like solar batteries, can bring your total well above the Martic average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Martic homeowners decide to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also adds to your total costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar company you choose will influence your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $7,776 | 16.7 years |
| 8 kW | $3.62 | $20,278 | $10,765 | 16.3 years |
| 10 kW | $3.55 | $24,850 | $13,954 | 16.0 years |
| 12 kW | $3.48 | $29,224 | $17,341 | 15.7 years |
| 14 kW | $3.41 | $33,398 | $20,927 | 15.4 years |
| 16 kW | $3.34 | $37,374 | $24,711 | 15.0 years |
| 18 kW | $3.27 | $41,152 | $28,695 | 14.7 years |
| 20 kW | $3.19 | $44,730 | $32,877 | 14.4 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose significantly influences your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: The brand of solar panel you want plays a role in which company you should go with, since different companies offer different panels.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project timeline rebates and warranties.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Martic, PA Solar Cost FAQs
How much does it cost to install solar panels in Martic?
The average cost of solar panels in Martic 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 kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is going solar worth it?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 get 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.