Solar Panel Cost Guide in Milton, PA (2024 Update)
- Milton Solar Installation Cost: $17,125
- 25-Year Savings: $8,122
- Payback Period: 21.0 Years
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Average Cost of Solar Panels in Milton
Here’s how much it might cost to make the switch to solar in Milton.
The average cost of a solar system in Milton is 4 per watt.Because a 6.9-kW system is needed to cover the energy needs of a typical home in Milton, the average price of going solar will be about $17,125 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more.Despite the significant upfront cost, the average Milton homeowner can save about $11,000 on their energy bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a vetted solar company in Milton for a custom quote.
Solar savings over time in Milton
| Year | Return on Investment |
|---|---|
| 1 years | $-16,018 |
| 3 years | $-13,802 |
| 5 years | $-11,587 |
| 7 years | $-9,372 |
| 9 years | $-7,157 |
| 11 years | $-4,942 |
| 13 years | $-2,726 |
| 15 years | $-511 |
| 17 years | $1,704 |
| 19 years | $3,919 |
| 21 years | $6,134 |
| 23 years | $8,349 |
| 25 years | $10,565 |
Top Solar Installers in Milton
When going solar, many homeowners decide to hire a solar company since installing solar panels yourself can be a difficult project. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
If you’d like to start using solar energy but still aren’t sure which solar system installer to go with, here are our recommendations for providers 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 for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Milton
Factors that Affect Solar Panel Costs in Milton
There are many criteria 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 installs your solar panels.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Milton offer solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also increases your overall costs, so it’s important to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Milton, 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 offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $3.69 | $15,506 | $2,275 | 21.8 years |
| 8 kW | $3.62 | $20,278 | $3,431 | 21.4 years |
| 10 kW | $3.55 | $24,850 | $4,786 | 21.0 years |
| 12 kW | $3.48 | $29,224 | $6,340 | 20.5 years |
| 14 kW | $3.41 | $33,398 | $8,092 | 20.1 years |
| 16 kW | $3.34 | $37,374 | $10,043 | 19.7 years |
| 18 kW | $3.27 | $41,152 | $12,193 | 19.3 years |
| 20 kW | $3.19 | $44,730 | $14,542 | 18.9 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Milton, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Milton, PA Solar Cost FAQs
What is the average cost of installing solar panels in Milton?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Milton?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home 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 bang for your buck from going solar.
Is switching to solar power worth it?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
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.