Solar Panel Cost Guide in Mifflinburg, PA (2023 Update)
- Mifflinburg Solar Installation Cost: $12,326
- 25-Year Savings: $8,305
- Payback Period: 14.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Mifflinburg
We go over average solar pricing in Mifflinburg.
Although the national average of solar panels is $2.66 per watt, solar panels in Mifflinburg typically cost about 2.55. The average Mifflinburg homeowner needs a 6.9-kilowatt system, which would cost about $12,334 with the federal tax credit, or $17,638 before the 30% tax credit is applied.
These figures are just estimates, and how much solar costs for you may vary based on your specific situation and what company you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Mifflinburg can save around $11,000 on their power bills over 20 years.
Click the button below to get connected to a reputable solar installer in Mifflinburg for a customized quote.
Solar savings over time in Mifflinburg
Year | Return on Investment |
---|---|
1 years | $-11,218 |
3 years | $-9,003 |
5 years | $-6,788 |
7 years | $-4,573 |
9 years | $-2,357 |
11 years | $-142 |
13 years | $2,073 |
15 years | $4,288 |
17 years | $6,503 |
19 years | $8,718 |
21 years | $10,934 |
23 years | $13,149 |
25 years | $15,364 |
Top Solar Installers in Mifflinburg
When going solar, many homeowners choose to go with a solar installer since putting up solar panels yourself can be a challenging project. Some solar installers, especially local ones, can help you take advantage of incentives in Mifflinburg, therefore optimizing your ROI.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 Mifflinburg
Factors that Affect Solar Panel Costs in Mifflinburg
The cost of installing a solar system in Mifflinburg can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Mifflinburg, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Mifflinburg, 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
Most solar installers in Mifflinburg offer solar loans, which reduce your upfront costs of installing solar panels. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you pick will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that has the products, warranties and services you want and also fits within your budget.
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 | $6,787 | 15.5 years |
8 kW | $2.60 | $14,566 | $9,335 | 15.2 years |
10 kW | $2.55 | $17,850 | $12,026 | 14.9 years |
12 kW | $2.50 | $20,992 | $14,860 | 14.6 years |
14 kW | $2.45 | $23,990 | $17,836 | 14.3 years |
16 kW | $2.40 | $26,846 | $20,956 | 14.0 years |
18 kW | $2.35 | $29,560 | $24,218 | 13.7 years |
20 kW | $2.29 | $32,130 | $27,623 | 13.4 years |
How to Save on Solar Panels
The solar installer you opt for will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
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 Mifflinburg, PA Solar Cost FAQs
What is the average cost of installing solar panels in Mifflinburg?
This is a hard question to answer precisely, because the cost depends on a variety of 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Mifflinburg?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Mifflinburg, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.