Solar Panel Cost Guide in Minersville, PA (2023 Update)
- Minersville Solar Installation Cost: $12,114
- 25-Year Savings: $12,197
- Payback Period: 12.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Minersville
Let's have a look at the average cost of solar panels in Minersville.
In Minersville, solar panels cost about 2.55 per watt on average. Since a 6.8-kW system is needed to cover the energy usage of a typical home in Minersville, the average price of going solar will be about $12,120 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Minersville homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the large upfront cost, the average Minersville homeowner can save around $14,000 on their power bills over 20 years, which is one of the benefits of solar.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Minersville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,768 |
| 3 years | $-8,077 |
| 5 years | $-5,386 |
| 7 years | $-2,695 |
| 9 years | $-3 |
| 11 years | $2,688 |
| 13 years | $5,379 |
| 15 years | $8,070 |
| 17 years | $10,761 |
| 19 years | $13,452 |
| 21 years | $16,144 |
| 23 years | $18,835 |
| 25 years | $21,526 |
Top Solar Installers in Minersville
Many homeowners opt for a solar panel company since installing solar panels on your own can be a labor-intensive endeavor. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
If you'd like to go solar but still aren't certain which solar system company to go with, here are our suggestions for providers in Minersville:
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 Minersville
Factors that Affect Solar Panel Costs in Minersville
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Minersville: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in Minersville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. The brand and type of equipment you want 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Minersville have solar loans, which reduce your upfront costs of installing a solar system. Though solar loans make going solar more accessible for Minersville homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you choose to handle your switch to green energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Minersville, and each can charge different amounts for labor and equipment. Larger national companies usually 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 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 | $2.65 | $11,138 | $10,355 | 13.0 years |
| 8 kW | $2.60 | $14,566 | $14,092 | 12.7 years |
| 10 kW | $2.55 | $17,850 | $17,972 | 12.5 years |
| 12 kW | $2.50 | $20,992 | $21,995 | 12.2 years |
| 14 kW | $2.45 | $23,990 | $26,161 | 12.0 years |
| 16 kW | $2.40 | $26,846 | $30,469 | 11.7 years |
| 18 kW | $2.35 | $29,560 | $34,920 | 11.5 years |
| 20 kW | $2.29 | $32,130 | $39,514 | 11.2 years |
How to Save on Solar Panels
There are many companies to choose from in Minersville, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
- Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates 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 Minersville, PA Solar Cost FAQs
What is the average cost of installing solar panels in Minersville?
This is a hard question to answer exactly, because the cost depends on many 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Minersville?
Leasing solar panels can be an option if you are unable 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 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.
How will having solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Minersville is currently $56,800, so you can look forward to a value of about $2,329 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Minersville is a rewarding investment.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.