Solar Panel Cost Guide in Mount Joy, PA (2024 Update)
- Mount Joy Solar Installation Cost: $16,331
- 25-Year Savings: $13,094
- Payback Period: 16.4 Years
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Average Cost of Solar Panels in Mount Joy
We break down average solar pricing in Mount Joy.
The national average cost of solar panels is $2.66 per watt, but in Mount Joy it’s 4 per watt.The average Mount Joy homeowner needs a 6.6-kilowatt system, which would cost about $16,331 with the federal tax credit, or $23,353 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Mount Joy homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar panels is worth paying. On average Mount Joy homeowners see about $14,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a custom quote.
Solar savings over time in Mount Joy
| Year | Return on Investment |
|---|---|
| 1 years | $-15,054 |
| 3 years | $-12,500 |
| 5 years | $-9,946 |
| 7 years | $-7,391 |
| 9 years | $-4,837 |
| 11 years | $-2,282 |
| 13 years | $272 |
| 15 years | $2,826 |
| 17 years | $5,381 |
| 19 years | $7,935 |
| 21 years | $10,489 |
| 23 years | $13,044 |
| 25 years | $15,598 |
Top Solar Installers in Mount Joy
Trying to put up solar panels by yourself can be a difficult project, which is why getting a solar installer is a good option for many homeowners. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're on the hunt for a solar company in Mount Joy, we've organized 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Mount Joy
Factors that Affect Solar Panel Costs in Mount Joy
Though the average cost of a solar system in Mount Joy is $16,331, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on 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
If paying for a solar system out of pocket is too expensive, solar loans are a popular option because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s wise to factor 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 how long it’ll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can play a role in determining the cost. Mount Joy’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $7,158 | 17.1 years |
| 8 kW | $3.62 | $20,278 | $9,942 | 16.8 years |
| 10 kW | $3.55 | $24,850 | $12,924 | 16.4 years |
| 12 kW | $3.48 | $29,224 | $16,105 | 16.1 years |
| 14 kW | $3.41 | $33,398 | $19,485 | 15.8 years |
| 16 kW | $3.34 | $37,374 | $23,064 | 15.5 years |
| 18 kW | $3.27 | $41,152 | $26,842 | 15.1 years |
| 20 kW | $3.19 | $44,730 | $30,818 | 14.8 years |
How to Save on Solar Panels
There are many companies available in Mount Joy, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Warranty: If you care about the endurance of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes 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
EcoWatch's Mount Joy, PA Solar Cost FAQs
What is the average cost of installing solar panels in Mount Joy?
The average cost of solar panels in Mount Joy is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mount Joy?
You can’t get solar panels for free in Mount Joy. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $755.48 per year.
How many solar panels do I need to power my home?
To figure out how many solar panels 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 generally produce about 250 to 400 watt-hours per hour, the average household 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.