Solar Panel Cost Guide in Munhall, PA (2023 Update)
- Munhall Solar Installation Cost: $12,441
- 25-Year Savings: $17,273
- Payback Period: 10.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Munhall
Find out what the average cost of solar panels are in Munhall.
The national average cost of solar panels is $2.66 per watt, but in Munhall it's 2.55 per watt. Using this figure, a typical 7.0-kW system would cost about $12,441 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Munhall homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the large upfront cost, the average Munhall homeowner can save around $16,000 on their electricity bills over 20 years, which is one of the positives of solar.
To receive a free quote from a vetted solar installation company in Munhall, you can click the button below.
Solar savings over time in Munhall
| Year | Return on Investment |
|---|---|
| 1 years | $-12,342 |
| 3 years | $-12,144 |
| 5 years | $-11,946 |
| 7 years | $-11,748 |
| 9 years | $-11,550 |
| 11 years | $-11,352 |
| 13 years | $-11,154 |
| 15 years | $-10,956 |
| 17 years | $-10,758 |
| 19 years | $-10,559 |
| 21 years | $-10,361 |
| 23 years | $-10,163 |
| 25 years | $-9,965 |
Top Solar Installers in Munhall
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Using a solar company can make switching to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Munhall:
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 Munhall
Factors that Affect Solar Panel Costs in Munhall
Though the average cost of a solar system in Munhall is $12,441, 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 residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $2,550 per kilowatt in Munhall. The kind 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, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Munhall average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Munhall, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. 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 can only 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 significantly.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Munhall is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services at different price points. Additionally, some companies in Munhall are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $14,440 | 10.9 years |
| 8 kW | $2.60 | $14,566 | $19,539 | 10.7 years |
| 10 kW | $2.55 | $17,850 | $24,781 | 10.5 years |
| 12 kW | $2.50 | $20,992 | $30,166 | 10.3 years |
| 14 kW | $2.45 | $23,990 | $35,693 | 10.0 years |
| 16 kW | $2.40 | $26,846 | $41,364 | 9.8 years |
| 18 kW | $2.35 | $29,560 | $47,177 | 9.6 years |
| 20 kW | $2.29 | $32,130 | $53,132 | 9.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Contract: Read the contract terms carefully to make sure you understand the total cost, completion timeline rebates and warranties.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Munhall, PA Solar Cost FAQs
What is the average cost of installing solar panels in Munhall?
The average cost of solar panels in Munhall 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Munhall?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Can you sell solar power back to the grid in Munhall?
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 utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.