Solar Panel Cost Guide in Monroeville, PA (2023 Update)
- Monroeville Solar Installation Cost: $12,441
- 25-Year Savings: $14,383
- Payback Period: 11.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Monroeville
Let's have a look at the average cost of solar panels in Monroeville.
The average cost of solar panels in Monroeville is 2.55 per watt. The average Monroeville homeowner needs a 7.0-kilowatt system, which would cost about $12,441 with the federal tax credit, or $17,791 before the 30% tax credit is applied.
These figures are only estimates, and the cost of going solar for you will look different based on the amount of energy your home requires and what company you want to go with. For many homeowners, the upfront cost of solar panels is worth paying. On average Monroeville homeowners see about $15,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Monroeville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,804 |
| 3 years | $-7,531 |
| 5 years | $-4,257 |
| 7 years | $-983 |
| 9 years | $2,291 |
| 11 years | $5,565 |
| 13 years | $8,839 |
| 15 years | $12,112 |
| 17 years | $15,386 |
| 19 years | $18,660 |
| 21 years | $21,934 |
| 23 years | $25,208 |
| 25 years | $28,482 |
Top Solar Installers in Monroeville
Although it's possible to install solar panels on your own, it requires extra effort and handiness. For that reason, most people choose a solar panel installer. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
Working with a licensed solar company can make going solar easier. 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 Monroeville
Factors that Affect Solar Panel Costs in Monroeville
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that will push your cost above or below the average in Monroeville: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Monroeville. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Monroeville, where sunlight isn't as abundant, efficiency can quickly pay off. Also, 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
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are offered by most installers in Monroeville, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar system can affect your pricing. Monroeville's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $11,952 | 12.1 years |
| 8 kW | $2.60 | $14,566 | $16,222 | 11.8 years |
| 10 kW | $2.55 | $17,850 | $20,635 | 11.6 years |
| 12 kW | $2.50 | $20,992 | $25,190 | 11.4 years |
| 14 kW | $2.45 | $23,990 | $29,888 | 11.1 years |
| 16 kW | $2.40 | $26,846 | $34,729 | 10.9 years |
| 18 kW | $2.35 | $29,560 | $39,713 | 10.7 years |
| 20 kW | $2.29 | $32,130 | $44,840 | 10.4 years |
How to Save on Solar Panels
The solar company you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. While there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of options before making your decision.
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 Monroeville, PA Solar Cost FAQs
What is the average cost of installing solar panels in Monroeville?
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. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Monroeville?
A solar panel system isn't free in Monroeville, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $769.70 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs 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.