Solar Panel Cost Guide in Monessen, PA (2023 Update)
- Monessen Solar Installation Cost: $12,549
- 25-Year Savings: $8,495
- Payback Period: 14.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Monessen
Find out how much it might cost to go solar in Monessen.
The average cost of solar panels in Monessen is 2.55 per watt. Using this figure, a typical 7.0-kW system would cost about $12,549 before the 30% federal solar tax credit is applied.
The actual price you pay can go higher or lower than the average in Monessen based on a few factors, such as the kind of solar panels you choose and the solar contractor you hire. Despite the significant initial cost, the average Monessen homeowner can save about $11,000 on their power bills over 20 years, which is one of the advantages of solar.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Monessen
| Year | Return on Investment |
|---|---|
| 1 years | $-11,707 |
| 3 years | $-10,023 |
| 5 years | $-8,340 |
| 7 years | $-6,656 |
| 9 years | $-4,973 |
| 11 years | $-3,289 |
| 13 years | $-1,606 |
| 15 years | $78 |
| 17 years | $1,761 |
| 19 years | $3,445 |
| 21 years | $5,128 |
| 23 years | $6,812 |
| 25 years | $8,495 |
Top Solar Installers in Monessen
Many homeowners decide to hire a solar installer since trying to install solar panels on your own can be a labor-intensive endeavor. Also, companies with a good reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Monessen
Factors that Affect Solar Panel Costs in Monessen
Though the average cost of a solar system in Monessen is $12,549, your final cost may differ. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Monessen, where sunlight isn't as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you select will affect your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Companies that 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 come at a higher cost. It's best to do some research and choose a company that offers the products, warranties and services you're looking for and also is 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 | $6,817 | 15.5 years |
| 8 kW | $2.60 | $14,566 | $9,375 | 15.2 years |
| 10 kW | $2.55 | $17,850 | $12,075 | 14.9 years |
| 12 kW | $2.50 | $20,992 | $14,919 | 14.6 years |
| 14 kW | $2.45 | $23,990 | $17,905 | 14.3 years |
| 16 kW | $2.40 | $26,846 | $21,034 | 14.0 years |
| 18 kW | $2.35 | $29,560 | $24,306 | 13.7 years |
| 20 kW | $2.29 | $32,130 | $27,720 | 13.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Look through the contract terms thoroughly to make sure you understand the total cost, project timeline incentives and warranties.
- Solar Panel Brands: The type of solar panel you need plays a role in which installer you should go with, since different companies offer different panels.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
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 Monessen, PA Solar Cost FAQs
What is the average cost of installing solar panels in Monessen?
This is a tough question to answer exactly, 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 above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Monessen?
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 can't take advantage of 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 financial benefits from going solar.
Is it worth going solar in Monessen?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.