Solar Panel Cost Guide in Mount Joy, PA (Mar 2023)
- Mount Joy Solar Installation Cost: $11,727
- 25-Year Savings: $13,098
- Payback Period: 11.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Mount Joy
Let's have a look at the average cost of solar in Mount Joy.
The average cost of a solar panel system in Mount Joy is 2.55 per watt. The average Mount Joy homeowner needs a 6.6-kilowatt system, which would cost about $11,727 with the federal tax credit, or $16,770 before the 30% tax credit is applied.
Bear 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 be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Mount Joy can save about $14,000 on their energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Mount Joy for a quote for your home.
Solar savings over time in Mount Joy
| Year | Return on Investment |
|---|---|
| 1 years | $-10,734 |
| 3 years | $-8,748 |
| 5 years | $-6,762 |
| 7 years | $-4,776 |
| 9 years | $-2,790 |
| 11 years | $-804 |
| 13 years | $1,182 |
| 15 years | $3,168 |
| 17 years | $5,154 |
| 19 years | $7,140 |
| 21 years | $9,126 |
| 23 years | $11,112 |
| 25 years | $13,098 |
Top Solar Installers in Mount Joy
Trying to install solar panels by yourself can be a time-consuming project, which is why getting a solar installer is a good option for many homeowners. Some solar companies, especially local ones, can help you take advantage of incentives in Mount Joy, optimizing your ROI.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
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 $11,727, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use 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. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid route because they cut back your upfront costs and let you pay for your system over five to seven years on average. Even though solar loans make adopting solar energy more accessible for Mount Joy homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Mount Joy is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services for different budgets. The company's size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
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 | $11,526 | 12.3 years |
| 8 kW | $2.60 | $14,566 | $15,654 | 12.0 years |
| 10 kW | $2.55 | $17,850 | $19,924 | 11.8 years |
| 12 kW | $2.50 | $20,992 | $24,337 | 11.6 years |
| 14 kW | $2.45 | $23,990 | $28,893 | 11.3 years |
| 16 kW | $2.40 | $26,846 | $33,592 | 11.1 years |
| 18 kW | $2.35 | $29,560 | $38,434 | 10.9 years |
| 20 kW | $2.29 | $32,130 | $43,418 | 10.6 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Mount Joy, PA Solar Cost FAQs
How much does it cost to install solar panels in Mount Joy?
The average cost of solar panels in Mount Joy is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can solar panels eliminate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Mount Joy, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.