Solar Panel Cost Guide in Moon, PA (2024 Update)
- Moon Solar Installation Cost: $17,320
- 25-Year Savings: $13,737
- Payback Period: 16.5 Years
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Average Cost of Solar Panels in Moon
We break down average solar pricing in Moon.
In Moon, solar panels cost about 4 per watt on average.The average Moon homeowner needs a 7.0-kilowatt system, which would cost about $17,320 with the federal tax credit, or $24,768 before the 0 tax credit is applied.
These figures are just estimates, and how much solar costs for you will differ based on your specific situation and what company you want to go with.But, once you've paid the upfront cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $14,000 over 20 years on energy bills.
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Solar savings over time in Moon
| Year | Return on Investment |
|---|---|
| 1 years | $-15,683 |
| 3 years | $-12,410 |
| 5 years | $-9,136 |
| 7 years | $-5,862 |
| 9 years | $-2,588 |
| 11 years | $686 |
| 13 years | $3,960 |
| 15 years | $7,233 |
| 17 years | $10,507 |
| 19 years | $13,781 |
| 21 years | $17,055 |
| 23 years | $20,329 |
| 25 years | $23,603 |
Top Solar Installers in Moon
Many homeowners choose to hire a solar installer since trying to install solar panels by yourself can be a labor-intensive endeavor. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 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 company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,550 per kilowatt in Moon.The kind of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Moon, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the amount of 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 principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can affect how much you pay. Moon’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $7,029 | 17.2 years |
| 8 kW | $3.62 | $20,278 | $9,770 | 16.9 years |
| 10 kW | $3.55 | $24,850 | $12,709 | 16.5 years |
| 12 kW | $3.48 | $29,224 | $15,847 | 16.2 years |
| 14 kW | $3.41 | $33,398 | $19,184 | 15.9 years |
| 16 kW | $3.34 | $37,374 | $22,720 | 15.5 years |
| 18 kW | $3.27 | $41,152 | $26,455 | 15.2 years |
| 20 kW | $3.19 | $44,730 | $30,388 | 14.9 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: When looking through your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
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 Moon, PA Solar Cost FAQs
How much does it cost to install solar panels in Moon?
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 be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Moon?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 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 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.