Solar Panel Cost Guide in Masontown, PA (2023 Update)
- Masontown Solar Installation Cost: $12,539
- 25-Year Savings: $8,505
- Payback Period: 14.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Masontown
Let's have a look at the average cost of solar in Masontown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Masontown, the average cost of solar panels is 2.55 per watt. Using this figure, a typical 7.0-kW system would cost about $12,531 before the 30% federal solar tax credit is applied.
These figures are only estimates, and how much solar costs for you will most likely differ based on your energy needs and what company you want to go with. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Masontown can save about $11,000 on their electricity bills over 20 years.
Click the button below to get connected to a top solar installer in Masontown for a custom estimate.
Solar savings over time in Masontown
| Year | Return on Investment |
|---|---|
| 1 years | $-12,469 |
| 3 years | $-12,329 |
| 5 years | $-12,189 |
| 7 years | $-12,048 |
| 9 years | $-11,908 |
| 11 years | $-11,768 |
| 13 years | $-11,627 |
| 15 years | $-11,487 |
| 17 years | $-11,347 |
| 19 years | $-11,206 |
| 21 years | $-11,066 |
| 23 years | $-10,926 |
| 25 years | $-10,786 |
Top Solar Installers in Masontown
When making the switch to solar, many homeowners prefer to use a solar installer since handling can be a difficult project. Some solar companies, particularly local ones, can help you better understand incentives in Masontown, thereby optimizing your ROI.
There are several licensed solar professionals that can install solar panels for you. 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 Masontown
Factors that Affect Solar Panel Costs in Masontown
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Masontown: 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
When it comes to estimating the price of solar panels in Masontown, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can determine by looking at past energy bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Masontown, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Masontown, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Masontown is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services for different budgets. The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk 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 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 | $6,835 | 15.5 years |
| 8 kW | $2.60 | $14,566 | $9,399 | 15.2 years |
| 10 kW | $2.55 | $17,850 | $12,106 | 14.9 years |
| 12 kW | $2.50 | $20,992 | $14,956 | 14.6 years |
| 14 kW | $2.45 | $23,990 | $17,948 | 14.3 years |
| 16 kW | $2.40 | $26,846 | $21,084 | 14.0 years |
| 18 kW | $2.35 | $29,560 | $24,362 | 13.7 years |
| 20 kW | $2.29 | $32,130 | $27,782 | 13.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose greatly influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Solar Panel Brands: The kind of solar panel you want to install plays a role in which installer you should go with, since different companies have access to different panels.
- Contract: Review the contract terms thoroughly to make sure you understand the overall cost, completion timeline incentives 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
EcoWatch's Masontown, PA Solar Cost FAQs
How much does it cost to install solar panels in Masontown?
The average cost of solar panels in Masontown is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact the value of my home?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
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 the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had 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.