Solar Panel Cost Guide in Millcreek, PA (2023 Update)
- Millcreek Solar Installation Cost: $12,370
- 25-Year Savings: $18,653
- Payback Period: 10.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Millcreek
We go over average solar pricing in Millcreek.
Although the national average of solar panels is $2.66 per watt, solar panels in Millcreek generally cost around 2.55. The average Millcreek homeowner needs a 6.9-kilowatt system, which would cost about $12,370 with the federal tax credit, or $17,689 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Millcreek homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. With average savings of about $17,000 on utility bills over 20 years, many homeowners in Millcreek find installing solar panels can pay off big.
You can click the button below to get connected with a vetted solar company in Millcreek for a quote for your home.
Solar savings over time in Millcreek
| Year | Return on Investment |
|---|---|
| 1 years | $-11,129 |
| 3 years | $-8,647 |
| 5 years | $-6,165 |
| 7 years | $-3,684 |
| 9 years | $-1,202 |
| 11 years | $1,280 |
| 13 years | $3,762 |
| 15 years | $6,244 |
| 17 years | $8,726 |
| 19 years | $11,208 |
| 21 years | $13,689 |
| 23 years | $16,171 |
| 25 years | $18,653 |
Top Solar Installers in Millcreek
Trying to install solar panels on your own can be a stressful project, which is why using a solar installer is a good option for many homeowners. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
There are a number of licensed solar professionals that can take care of your solar installation project. 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 Millcreek
Factors that Affect Solar Panel Costs in Millcreek
The cost of installing a solar system in Millcreek can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Millcreek, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past power bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. The brand of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment is more than just the solar panels themselves. You'll also need to consider 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's in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Millcreek, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. When figuring out your overall cost, you should also calculate the interest you'll pay if you 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 solar energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Millcreek, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $2.65 | $11,138 | $15,740 | 10.4 years |
| 8 kW | $2.60 | $14,566 | $21,272 | 10.2 years |
| 10 kW | $2.55 | $17,850 | $26,947 | 10.0 years |
| 12 kW | $2.50 | $20,992 | $32,764 | 9.8 years |
| 14 kW | $2.45 | $23,990 | $38,725 | 9.6 years |
| 16 kW | $2.40 | $26,846 | $44,828 | 9.4 years |
| 18 kW | $2.35 | $29,560 | $51,074 | 9.2 years |
| 20 kW | $2.29 | $32,130 | $57,463 | 9.0 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Solar Panel Brands: Different companies will have different brands and models of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- 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.
- Contract: Read the contract terms closely to make sure you understand the cost breakdown, project 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 Millcreek, PA Solar Cost FAQs
What is the average cost of installing solar panels in Millcreek?
The average cost of solar panels in Millcreek is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on things like the type 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 things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity 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 $895.93 per year.
How many solar panels do I need to power 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 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.