Solar Panel Cost Guide in New Holland, PA (Feb 2023)
- New Holland Solar Installation Cost: $11,727
- 25-Year Savings: $12,583
- Payback Period: 12.1 Years
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Top Solar Installers in New Holland
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be a labor-intensive endeavor. In addition, if you'd like to maximize your investment in solar, opting for a solar company can help with that too. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives.
If you're on the hunt for a solar installer in New Holland, we've organized a list of our top suggestions here:
See all of the solar companies in New Holland
Factors that Affect Solar Panel Costs in New Holland
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in New Holland: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,550. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like New Holland, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you choose will impact your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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||$11,056||12.5 years|
|8 kW||$2.60||$14,566||$15,027||12.3 years|
|10 kW||$2.55||$17,850||$19,141||12.1 years|
|12 kW||$2.50||$20,992||$23,398||11.8 years|
|14 kW||$2.45||$23,990||$27,797||11.6 years|
|16 kW||$2.40||$26,846||$32,339||11.3 years|
|18 kW||$2.35||$29,560||$37,024||11.1 years|
|20 kW||$2.29||$32,130||$41,852||10.9 years|
How to Save on Solar Panels
There are a lot of companies available in New Holland, 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:
- Solar Panel Brands: Not all solar companies carry 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.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Reputation: Companies that have been operating for many years 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 service, such as part repairs and replacements.
- Warranty: If you care about the endurance of your solar energy system, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
EcoWatch's New Holland, 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.