Solar Panel Cost Guide in New Cumberland, PA (Jan 2023)
- New Cumberland Solar Installation Cost: $11,888
- 25-Year Savings: $13,066
- Payback Period: 11.9 Years
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Top Solar Installers in New Cumberland
When making the switch to solar, many homeowners prefer to use a solar installation company since DIY solar panel installation can be a challenging project. A solar company can also help save you money in the long run by providing warranties, repairs and component replacements.
If you're looking for a solar company in New Cumberland, we've compiled a list of our top suggestions here:
See all of the solar companies in New Cumberland
Factors that Affect Solar Panel Costs in New Cumberland
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in New Cumberland: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
One of the most significant 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 energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in New Cumberland. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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 power bills. Additionally, extra products, like solar batteries, can bump up your total well above the New Cumberland average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many New Cumberland homeowners opt to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of loans, including the total 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 original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in New Cumberland, you'll have plenty of options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in New Cumberland have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, 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||$11,334||12.4 years|
|8 kW||$2.60||$14,566||$15,398||12.2 years|
|10 kW||$2.55||$17,850||$19,605||11.9 years|
|12 kW||$2.50||$20,992||$23,954||11.7 years|
|14 kW||$2.45||$23,990||$28,446||11.4 years|
|16 kW||$2.40||$26,846||$33,081||11.2 years|
|18 kW||$2.35||$29,560||$37,859||11.0 years|
|20 kW||$2.29||$32,130||$42,779||10.7 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will have various brands and types of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Well-established companies likely have a solid 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.
EcoWatch's New Cumberland, PA Solar Cost FAQs
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.