Solar Panel Cost Guide in Nazareth, PA (2024 Update)
- Nazareth Solar Installation Cost: $16,665
- 25-Year Savings: $12,983
- Payback Period: 16.7 Years
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Average Cost of Solar Panels in Nazareth
Let’s have a look at the average cost of solar in Nazareth.
In Nazareth, solar panels cost about 4 per watt on average.Using this figure, a typical 6.7-kW system would cost about $16,665 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Nazareth depending on a few factors, such as the kind of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Nazareth see about $14,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar company in Nazareth that can help you get a more accurate cost estimate for your home.
Solar savings over time in Nazareth
| Year | Return on Investment |
|---|---|
| 1 years | $-15,422 |
| 3 years | $-12,936 |
| 5 years | $-10,450 |
| 7 years | $-7,964 |
| 9 years | $-5,478 |
| 11 years | $-2,992 |
| 13 years | $-506 |
| 15 years | $1,980 |
| 17 years | $4,466 |
| 19 years | $6,952 |
| 21 years | $9,438 |
| 23 years | $11,923 |
| 25 years | $14,409 |
Top Solar Installers in Nazareth
Many homeowners choose to use a solar panel installer since figuring out how to install solar panels by yourself can be hard. Local solar installers can also help you maximize your return on investment by assisting with any local incentives you can benefit from and by offering warranties and repairs.
There are various 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Nazareth
Factors that Affect Solar Panel Costs in Nazareth
There are several factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the price of solar panels in Nazareth, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can determine by looking at past power bills. Your total cost can increase by around $3,550 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 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 over time on your energy bills. In addition, extra products, like solar batteries, can bump up your total well above the Nazareth average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Nazareth homeowners choose to finance their solar panel systems to make paying for solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Nazareth is the company you choose to install your PV system. As with choosing a company to install new cabinets, for example, there’s no shortage of solar installers that provide a range of services at different costs.The size of the company sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to 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 promotion can bring their pricing lower 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 | $3.69 | $15,506 | $6,820 | 17.4 years |
| 8 kW | $3.62 | $20,278 | $9,490 | 17.0 years |
| 10 kW | $3.55 | $24,850 | $12,360 | 16.7 years |
| 12 kW | $3.48 | $29,224 | $15,428 | 16.4 years |
| 14 kW | $3.41 | $33,398 | $18,695 | 16.0 years |
| 16 kW | $3.34 | $37,374 | $22,161 | 15.7 years |
| 18 kW | $3.27 | $41,152 | $25,826 | 15.4 years |
| 20 kW | $3.19 | $44,730 | $29,690 | 15.0 years |
How to Save on Solar Panels
The solar company you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy 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.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Nazareth, PA Solar Cost FAQs
What is the average cost of installing solar panels in Nazareth?
The average cost of solar panels in Nazareth is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors 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 Nazareth?
Solar panels aren’t free in Nazareth, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.