Solar Panel Cost Guide in Mount Pleasant, PA (Mar 2023)
- Mount Pleasant Solar Installation Cost: $12,549
- 25-Year Savings: $8,495
- Payback Period: 14.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Mount Pleasant
Let's have a look at the average cost of solar panels in Mount Pleasant.
Although the national average of solar panels is $2.66 per watt, solar panels in Mount Pleasant generally cost about 2.55. Because a 7.0-kW system is needed to cover the energy consumption of a typical home in Mount Pleasant, the average price of going solar will be about $12,549 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average energy use of Mount Pleasant homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Even with the high initial cost, the average Mount Pleasant homeowner can save around $11,000 on their power bills over 20 years, which is one of the positives of solar.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Mount Pleasant
| Year | Return on Investment |
|---|---|
| 1 years | $-11,707 |
| 3 years | $-10,023 |
| 5 years | $-8,340 |
| 7 years | $-6,656 |
| 9 years | $-4,973 |
| 11 years | $-3,289 |
| 13 years | $-1,606 |
| 15 years | $78 |
| 17 years | $1,761 |
| 19 years | $3,445 |
| 21 years | $5,128 |
| 23 years | $6,812 |
| 25 years | $8,495 |
Top Solar Installers in Mount Pleasant
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Going with an installer can make your swap to solar power much easier. Plus, if you're unsure what brand of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
There are several licensed solar professionals that can help you install your solar panels. 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 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 Pleasant
Factors that Affect Solar Panel Costs in Mount Pleasant
For many Mount Pleasant homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Mount Pleasant, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Mount Pleasant. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose 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 in the long run on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Mount Pleasant average.
Solar Financing Terms
Many homeowners find the average cost of solar in Mount Pleasant to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. However, the interest on solar loans also increases your all-in costs, so it's crucial to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of clean energy solutions in Mount Pleasant, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Mount Pleasant have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $6,817 | 15.5 years |
| 8 kW | $2.60 | $14,566 | $9,375 | 15.2 years |
| 10 kW | $2.55 | $17,850 | $12,075 | 14.9 years |
| 12 kW | $2.50 | $20,992 | $14,919 | 14.6 years |
| 14 kW | $2.45 | $23,990 | $17,905 | 14.3 years |
| 16 kW | $2.40 | $26,846 | $21,034 | 14.0 years |
| 18 kW | $2.35 | $29,560 | $24,306 | 13.7 years |
| 20 kW | $2.29 | $32,130 | $27,720 | 13.4 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Mount Pleasant, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: Even though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: Make sure you're aligned with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
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 Pleasant, PA Solar Cost FAQs
How much does it cost to install solar panels in Mount Pleasant?
The average cost of solar panels in Mount Pleasant 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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels significantly reduce my power 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 $598.50 per year.
How long do solar panels last in Mount Pleasant?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.