Solar Panel Cost Guide in New Holland, PA (2025 Update)
- New Holland Solar Installation Cost: $16,331
- 25-Year Savings: $12,580
- Payback Period: 16.8 Years
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Average Cost of Solar Panels in New Holland
Let’s have a look at the average cost of solar panels in New Holland.
Currently, the national average cost of solar panels is $2.66 per watt. However, in New Holland, the average cost of solar panels is 4 per watt.Because a 6.6-kW system is needed to cover the energy costs of a typical home in New Holland, the average price of going solar will be about $16,331 after claiming the federal solar tax credit of 0.
These figures are just averages, and your own solar costs will differ based on the amount of energy your home requires and what company you choose to go with.Many homeowners find going solar is a rewarding investment. The average homeowner in New Holland can save around $14,000 on their electricity bills over 20 years.
To get a free quote from a highly rated solar installation company in New Holland, you can click the button below.
Solar savings over time in New Holland
| Year | Return on Investment |
|---|---|
| 1 years | $-14,986 |
| 3 years | $-12,295 |
| 5 years | $-9,604 |
| 7 years | $-6,912 |
| 9 years | $-4,221 |
| 11 years | $-1,530 |
| 13 years | $1,161 |
| 15 years | $3,852 |
| 17 years | $6,544 |
| 19 years | $9,235 |
| 21 years | $11,926 |
| 23 years | $14,617 |
| 25 years | $17,308 |
Top Solar Installers in New Holland
Although it's possible to install solar panels on your own, it involves extra labor and know-how. That's why most people choose to go with a solar panel installer. The expertise that solar companies offer can be helpful as well, especially if you aren’t sure what brand of solar equipment would be right for your home.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in New Holland
Factors that Affect Solar Panel Costs in New Holland
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average 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.
Solar Equipment
One of the most significant 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 power your household consumes, the larger your system will likely need to be. You can expect to spend about $3,550 per kilowatt in New Holland.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like New Holland, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular choice because they reduce your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also increases your total costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can play a role in determining how much you pay. New Holland’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their larger 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 | $3.69 | $15,506 | $6,688 | 17.5 years |
| 8 kW | $3.62 | $20,278 | $9,315 | 17.1 years |
| 10 kW | $3.55 | $24,850 | $12,141 | 16.8 years |
| 12 kW | $3.48 | $29,224 | $15,166 | 16.5 years |
| 14 kW | $3.41 | $33,398 | $18,389 | 16.1 years |
| 16 kW | $3.34 | $37,374 | $21,811 | 15.8 years |
| 18 kW | $3.27 | $41,152 | $25,432 | 15.5 years |
| 20 kW | $3.19 | $44,730 | $29,252 | 15.1 years |
How to Save on Solar Panels
There are a large number of companies available in New Holland, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two 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 good reviews from previous customers.
- 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 panels are installed, such as updating your electrical system or roof.
EcoWatch's New Holland, PA Solar Cost FAQs
How much does it cost to install solar panels in New Holland?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in New Holland?
You can’t get solar panels for free in New Holland. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after switching to solar?
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 $739.82 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.