Solar Panel Cost Guide in Mount Lebanon, PA (2023 Update)
- Mount Lebanon Solar Installation Cost: $12,441
- 25-Year Savings: $14,021
- Payback Period: 11.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mount Lebanon
Find out what the average cost of a solar system is in Mount Lebanon.
In Mount Lebanon, solar panels cost about 2.55 per watt on average. The average Mount Lebanon 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.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy usage and what company you go with. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Mount Lebanon can save about $14,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Mount Lebanon for a quote for your home.
Solar savings over time in Mount Lebanon
| Year | Return on Investment |
|---|---|
| 1 years | $-11,383 |
| 3 years | $-9,266 |
| 5 years | $-7,149 |
| 7 years | $-5,032 |
| 9 years | $-2,915 |
| 11 years | $-798 |
| 13 years | $1,319 |
| 15 years | $3,436 |
| 17 years | $5,553 |
| 19 years | $7,670 |
| 21 years | $9,787 |
| 23 years | $11,904 |
| 25 years | $14,021 |
Top Solar Installers in Mount Lebanon
When switching to solar energy, many homeowners prefer to go with a solar installation company since DIY solar panel installation can be a difficult project. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
There are a number of licensed solar professionals that can take care of your solar installation project. 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
See all of the solar companies in Mount Lebanon
Factors that Affect Solar Panel Costs in Mount Lebanon
Although the average cost of a solar system in Mount Lebanon is $12,441, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Mount Lebanon, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by around $2,550 for each additional kilowatt you need. 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. However, more efficient panels could save you more over time on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Mount Lebanon average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Mount Lebanon, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's wise to include 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 major cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Mount Lebanon, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $11,641 | 12.2 years |
| 8 kW | $2.60 | $14,566 | $15,808 | 12.0 years |
| 10 kW | $2.55 | $17,850 | $20,116 | 11.8 years |
| 12 kW | $2.50 | $20,992 | $24,568 | 11.5 years |
| 14 kW | $2.45 | $23,990 | $29,163 | 11.3 years |
| 16 kW | $2.40 | $26,846 | $33,900 | 11.0 years |
| 18 kW | $2.35 | $29,560 | $38,780 | 10.8 years |
| 20 kW | $2.29 | $32,130 | $43,803 | 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 a tough decision, we have some tips to help you, such as:
- Contract: When reading over 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 part breaking or if the company goes out of business.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
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 Mount Lebanon, PA Solar Cost FAQs
How much does it cost to install solar panels in Mount Lebanon?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly 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 additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Mount Lebanon?
You can't get solar panels for free in Mount Lebanon. However, you may still be able to install 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 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 $759.33 per year.
What solar power system size is right for 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 take a 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.