Solar Panel Cost Guide in Maxatawny, PA (2024 Update)
- Maxatawny Solar Installation Cost: $16,528
- 25-Year Savings: $13,358
- Payback Period: 16.4 Years
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Average Cost of Solar Panels in Maxatawny
Let’s take a look at the average cost of solar panels in Maxatawny.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Maxatawny, the average cost of a solar system is 4 per watt.The average solar panel system size in Maxatawny is around 6.7 kilowatts, meaning a cost of about $16,528 for a solar installation, or $23,635 before the 0 federal solar tax credit is applied.
How much you pay can go higher or lower than the average in Maxatawny based on a variety of factors, such as the model of solar panels you choose and the solar company you hire.With average savings of about $14,000 on electricity bills over 20 years, many homeowners in Maxatawny find installing solar panels has a decent ROI.
You can click the button below to get connected with a vetted solar installer in Maxatawny for a quote for your home.
Solar savings over time in Maxatawny
| 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 Maxatawny
Installing solar panels yourself can be a challenging task, which is why getting a solar installation company is a good option for many homeowners. Solar warranties and repairs are ordinarily included in the cost of installation when you hire a solar contractor too, which can save you more money after your upfront investment.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Maxatawny
Factors that Affect Solar Panel Costs in Maxatawny
There are several factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the price of a solar panel system in Maxatawny, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can gauge by looking at past electricity bills. Your total cost can increase by around $3,550 for each additional kilowatt you need.The solar equipment you choose can bring your price up or down 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. On the other hand, higher efficiency could save you more over time on your energy bills. Additionally, add-on products, like solar batteries, can bring your total well above the Maxatawny average.
Solar Financing Terms
Most solar installers in Maxatawny provide solar loans, which reduce your upfront costs of installing a solar system.When considering 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
The solar installer you choose to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating in Maxatawny, and each can charge varying amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $7,254 | 17.0 years |
| 8 kW | $3.62 | $20,278 | $10,069 | 16.7 years |
| 10 kW | $3.55 | $24,850 | $13,083 | 16.4 years |
| 12 kW | $3.48 | $29,224 | $16,296 | 16.0 years |
| 14 kW | $3.41 | $33,398 | $19,708 | 15.7 years |
| 16 kW | $3.34 | $37,374 | $23,319 | 15.4 years |
| 18 kW | $3.27 | $41,152 | $27,128 | 15.1 years |
| 20 kW | $3.19 | $44,730 | $31,137 | 14.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Contract: It’s important to read through your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Installation Process: When making the switch to solar power, it’s important to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the completion timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Maxatawny, PA Solar Cost FAQs
What is the average cost of installing solar panels in Maxatawny?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Maxatawny?
Leasing solar panels can be an attractive choice, because it typically 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 way to go if you want to maximize your savings.
Can you sell solar power back to the grid in Maxatawny?
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 offer you credit toward your future electricity bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size 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 household 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.