Solar Panel Cost Guide in New Sewickley, PA (2024 Update)
- New Sewickley Solar Installation Cost: $17,357
- 25-Year Savings: $14,929
- Payback Period: 15.8 Years
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Average Cost of Solar Panels in New Sewickley
Let’s take a look at the average cost of solar panels in New Sewickley.
In New Sewickley, solar panels cost about 4 per watt on average.The average solar panel system size in New Sewickley is around 7.0 kilowatts, meaning a cost of about $17,357 for a solar installation, or $24,821 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of New Sewickley homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the large initial cost, the average New Sewickley homeowner can save around $15,000 on their energy bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a top solar company in your area for a customized estimate.
Solar savings over time in New Sewickley
| Year | Return on Investment |
|---|---|
| 1 years | $-15,720 |
| 3 years | $-12,446 |
| 5 years | $-9,172 |
| 7 years | $-5,899 |
| 9 years | $-2,625 |
| 11 years | $649 |
| 13 years | $3,923 |
| 15 years | $7,197 |
| 17 years | $10,471 |
| 19 years | $13,744 |
| 21 years | $17,018 |
| 23 years | $20,292 |
| 25 years | $23,566 |
Top Solar Installers in New Sewickley
Putting up solar panels by yourself can be a time-consuming task, which is why hiring a solar installer is a good option for many homeowners. Companies can also offer access to quality options of the best solar panels and help you pick which one will be right for your family.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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 New Sewickley
Factors that Affect Solar Panel Costs in New Sewickley
There are a number of factors that can determine your 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
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,550. The 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. However, higher efficiency could save you more in the long run on your power bills. In addition, add-on products, like solar batteries, can bring your total well above the New Sewickley average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many New Sewickley homeowners choose to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also adds to your overall costs, so it’s vital to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in New Sewickley is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk 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 | $8,028 | 16.5 years |
| 8 kW | $3.62 | $20,278 | $11,102 | 16.2 years |
| 10 kW | $3.55 | $24,850 | $14,374 | 15.8 years |
| 12 kW | $3.48 | $29,224 | $17,845 | 15.5 years |
| 14 kW | $3.41 | $33,398 | $21,515 | 15.2 years |
| 16 kW | $3.34 | $37,374 | $25,384 | 14.9 years |
| 18 kW | $3.27 | $41,152 | $29,452 | 14.6 years |
| 20 kW | $3.19 | $44,730 | $33,718 | 14.3 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely offer good-quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Contract: Before you sign a contract with a solar company, make sure to look it over carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
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 New Sewickley, PA Solar Cost FAQs
How much does it cost to install solar panels in New Sewickley?
This is a hard question to answer exactly, because the cost depends on many 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in New Sewickley?
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 higher level 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.