Solar Panel Cost Guide in Maxatawny, PA (Mar 2023)
- Maxatawny Solar Installation Cost: $11,870
- 25-Year Savings: $13,360
- Payback Period: 11.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Maxatawny
Find out what the average cost of a solar system is in Maxatawny.
Although the national average of solar panels is $2.66 per watt, solar panels in Maxatawny typically cost around 2.55. Since a 6.7-kW system is needed to cover the energy consumption of a typical home in Maxatawny, the average price of going solar will be about $11,870 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and the cost of going solar for you will most likely vary based on the amount of energy your home requires and what company you choose to go with. With typical savings of about $14,000 on energy bills over 20 years, many homeowners in Maxatawny find going solar can be quite rewarding.
Click the button below to get connected to a vetted solar installer in your area for a customized estimate.
Solar savings over time in Maxatawny
| Year | Return on Investment |
|---|---|
| 1 years | $-10,861 |
| 3 years | $-8,843 |
| 5 years | $-6,824 |
| 7 years | $-4,806 |
| 9 years | $-2,788 |
| 11 years | $-769 |
| 13 years | $1,249 |
| 15 years | $3,268 |
| 17 years | $5,286 |
| 19 years | $7,304 |
| 21 years | $9,323 |
| 23 years | $11,341 |
| 25 years | $13,360 |
Top Solar Installers in Maxatawny
When switching to solar energy, many homeowners decide to hire a solar installer since installing solar panels yourself can be a time-consuming project. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost 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 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 Maxatawny
Factors that Affect Solar Panel Costs in Maxatawny
Although the average cost of a solar system in Maxatawny is $11,870, your final cost may differ. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar panel system in Maxatawny, 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 gauge by looking at past energy bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. The model of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions 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 for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Maxatawny homeowners decide to finance their solar panel systems to make going solar more affordable. It's wise to add 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 panel installer you select will impact your total cost to adopt 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 promotions 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 | $2.65 | $11,138 | $11,622 | 12.2 years |
| 8 kW | $2.60 | $14,566 | $15,781 | 12.0 years |
| 10 kW | $2.55 | $17,850 | $20,083 | 11.8 years |
| 12 kW | $2.50 | $20,992 | $24,528 | 11.5 years |
| 14 kW | $2.45 | $23,990 | $29,116 | 11.3 years |
| 16 kW | $2.40 | $26,846 | $33,847 | 11.1 years |
| 18 kW | $2.35 | $29,560 | $38,720 | 10.8 years |
| 20 kW | $2.29 | $32,130 | $43,737 | 10.6 years |
How to Save on Solar Panels
Since the model of solar panels and the installer 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 things to keep in mind to help with your decision:
- Solar Panel Brands: The kind of solar panel you need to get plays a role in which installer you should choose, since different companies have access to different panels.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
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 Maxatawny, PA Solar Cost FAQs
How much does it cost to install solar panels in Maxatawny?
This is a tough question to answer exactly, because the cost depends on many 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Maxatawny?
Solar panels aren't free in Maxatawny, 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 further reduce the cost.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $758.67 per year.
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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.