Solar Panel Cost Guide in Martic, PA (Mar 2023)
- Martic Solar Installation Cost: $11,727
- 25-Year Savings: $13,775
- Payback Period: 11.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Martic
Find out what the average cost of installing solar panels is in Martic.
The national average cost of solar panels is $2.66 per watt, but in Martic it's 2.55 per watt. The average solar panel system size in Martic is around 6.6 kilowatts, meaning a cost of about $11,727 for a solar installation, or $16,770 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of installing solar panels can vary depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with. For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in Martic see about $15,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Martic that can help you get a more accurate cost estimate for your home.
Solar savings over time in Martic
| Year | Return on Investment |
|---|---|
| 1 years | $-10,707 |
| 3 years | $-8,667 |
| 5 years | $-6,627 |
| 7 years | $-4,587 |
| 9 years | $-2,547 |
| 11 years | $-507 |
| 13 years | $1,534 |
| 15 years | $3,574 |
| 17 years | $5,614 |
| 19 years | $7,654 |
| 21 years | $9,694 |
| 23 years | $11,734 |
| 25 years | $13,775 |
Top Solar Installers in Martic
When switching to solar energy, many homeowners opt to go with a solar installer since overseeing your solar installation yourself can be a difficult project. The payback period of solar panels will vary based on factors like your roof configuration and energy use, but working with a solar installer can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
If you'd like to start using solar energy but still aren't sure which solar system installer to go with, here are our suggestions for providers 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 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 Martic
Factors that Affect Solar Panel Costs in Martic
There are a number of factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar 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 about $2,550 per kilowatt in Martic. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Martic average.
Solar Financing Terms
Most solar installers in Martic provide solar loans, which reduce the initial cost of installing solar panels. However, the interest on solar loans also adds to your total costs, so it's crucial to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you pick will impact your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Martic have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $12,144 | 12.0 years |
| 8 kW | $2.60 | $14,566 | $16,477 | 11.7 years |
| 10 kW | $2.55 | $17,850 | $20,954 | 11.5 years |
| 12 kW | $2.50 | $20,992 | $25,573 | 11.3 years |
| 14 kW | $2.45 | $23,990 | $30,335 | 11.0 years |
| 16 kW | $2.40 | $26,846 | $35,239 | 10.8 years |
| 18 kW | $2.35 | $29,560 | $40,287 | 10.6 years |
| 20 kW | $2.29 | $32,130 | $45,477 | 10.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
- Reputation: Your solar installer should have a sound 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Solar Panel Brands: The type of solar panel you want to get plays a role in which installer you should choose, since different companies have access to 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 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 $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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Martic?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Does Martic have a net metering program?
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 give you credit toward your future power bills.
How long do solar panels last in Martic?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.