Solar Panel Cost Guide in Moon, PA (2023 Update)
- Moon Solar Installation Cost: $12,441
- 25-Year Savings: $13,737
- Payback Period: 11.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Moon
See how much it might cost to install solar panels in Moon.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Moon, the average cost of solar panels is 2.55 per watt. To account for the typical energy usage of the average home in Moon, most homeowners require a 7.0-kilowatt system. Using the figure above, a solar installation costs about $12,441, or $17,791 before the federal solar tax credit of 30% is applied.
These figures are only averages, and the cost of going solar for you may look different based on your energy needs and what company you want to go with. Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Moon can save about $14,000 on their electricity bills over 20 years.
To get a free quote from a highly rated solar company in Moon, you can click the button below.
Solar savings over time in Moon
| Year | Return on Investment |
|---|---|
| 1 years | $-12,354 |
| 3 years | $-12,180 |
| 5 years | $-12,005 |
| 7 years | $-11,831 |
| 9 years | $-11,656 |
| 11 years | $-11,482 |
| 13 years | $-11,307 |
| 15 years | $-11,133 |
| 17 years | $-10,958 |
| 19 years | $-10,783 |
| 21 years | $-10,609 |
| 23 years | $-10,434 |
| 25 years | $-10,260 |
Top Solar Installers in Moon
Many homeowners decide to hire a solar panel company since figuring out how to install solar panels yourself can be a lot of work. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
If you're on the hunt for a solar installer in Moon, we've compiled a list of our top suggestions here:
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 Moon
Factors that Affect Solar Panel Costs in Moon
The cost of installing a solar system in Moon can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,550. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. In addition, extra products, like solar batteries, can bump up your total well above the Moon average.
Solar Financing Terms
Many homeowners find the average cost of solar in Moon to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Moon, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Moon know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $11,397 | 12.4 years |
| 8 kW | $2.60 | $14,566 | $15,482 | 12.1 years |
| 10 kW | $2.55 | $17,850 | $19,709 | 11.9 years |
| 12 kW | $2.50 | $20,992 | $24,079 | 11.6 years |
| 14 kW | $2.45 | $23,990 | $28,592 | 11.4 years |
| 16 kW | $2.40 | $26,846 | $33,248 | 11.2 years |
| 18 kW | $2.35 | $29,560 | $38,047 | 10.9 years |
| 20 kW | $2.29 | $32,130 | $42,988 | 10.7 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: Review the contract terms carefully to make sure you understand the total cost, project 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 Moon, PA Solar Cost FAQs
How much does it cost to install solar panels in Moon?
The average cost of solar panels in Moon is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Moon?
Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
How much can I save on power bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Moon, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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 get 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.