Solar Panel Cost Guide in Mcmurray, PA (2023 Update)
- Mcmurray Solar Installation Cost: $12,316
- 25-Year Savings: $8,727
- Payback Period: 14.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mcmurray
See how much it might cost to make the switch to solar in Mcmurray.
The national average cost of solar panels is $2.66 per watt, but in Mcmurray it's 2.55 per watt. To cover the typical energy usage of the average home in Mcmurray, most homeowners require a 6.9-kilowatt system. Using the figure above, a solar installation costs about $12,316, or $17,612 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and your own solar costs will differ based on the amount of energy your home requires and what company you want to go with. For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Mcmurray see about $12,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Mcmurray for a quote for your home.
Solar savings over time in Mcmurray
| Year | Return on Investment |
|---|---|
| 1 years | $-11,475 |
| 3 years | $-9,791 |
| 5 years | $-8,108 |
| 7 years | $-6,424 |
| 9 years | $-4,741 |
| 11 years | $-3,057 |
| 13 years | $-1,374 |
| 15 years | $310 |
| 17 years | $1,993 |
| 19 years | $3,677 |
| 21 years | $5,360 |
| 23 years | $7,044 |
| 25 years | $8,727 |
Top Solar Installers in Mcmurray
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar panel installer can make swapping over to solar power much easier. Some solar installers, especially local ones, can help you make the most of incentives in Mcmurray, thereby optimizing your ROI.
There are a number of licensed solar professionals that can help you install your solar system. 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 Mcmurray
Factors that Affect Solar Panel Costs in Mcmurray
Even though the average cost of a solar system in Mcmurray is $12,316, your final cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That's why it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The brand of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Plus, solar equipment is more than just the solar panels themselves. You'll also need to think 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 researching a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Mcmurray homeowners opt to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the growing popularity of sustainable energy solutions in Mcmurray, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Mcmurray know more about local solar incentives and can help you take advantage of 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 end up saving you 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 | $7,154 | 15.2 years |
| 8 kW | $2.60 | $14,566 | $9,824 | 14.9 years |
| 10 kW | $2.55 | $17,850 | $12,638 | 14.6 years |
| 12 kW | $2.50 | $20,992 | $15,594 | 14.3 years |
| 14 kW | $2.45 | $23,990 | $18,692 | 14.1 years |
| 16 kW | $2.40 | $26,846 | $21,934 | 13.8 years |
| 18 kW | $2.35 | $29,560 | $25,318 | 13.5 years |
| 20 kW | $2.29 | $32,130 | $28,845 | 13.2 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The brand of solar panel you need to install plays a role in which company you should opt for, since different companies have different panels.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
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 Mcmurray, PA Solar Cost FAQs
How much does it cost to install solar panels in Mcmurray?
The average cost of solar panels in Mcmurray 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 use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Mcmurray have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses 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 house 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.