Solar Panel Cost Guide in New Sewickley, PA (Mar 2023)
- New Sewickley Solar Installation Cost: $12,459
- 25-Year Savings: $14,938
- Payback Period: 11.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in New Sewickley
Find out what the average cost of a solar system is in New Sewickley.
The average cost of solar panels in New Sewickley is 2.55 per watt. The average New Sewickley homeowner needs a 7.0-kilowatt system, which would cost about $12,459 with the federal tax credit, or $17,816 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of New Sewickley homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $15,000 in savings on electricity bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in New Sewickley
| Year | Return on Investment |
|---|---|
| 1 years | $-11,363 |
| 3 years | $-9,172 |
| 5 years | $-6,980 |
| 7 years | $-4,788 |
| 9 years | $-2,596 |
| 11 years | $-405 |
| 13 years | $1,787 |
| 15 years | $3,979 |
| 17 years | $6,171 |
| 19 years | $8,363 |
| 21 years | $10,554 |
| 23 years | $12,746 |
| 25 years | $14,938 |
Top Solar Installers in New Sewickley
When making the switch to solar, many homeowners opt to use a solar installer since overseeing your solar installation yourself can be a time-consuming project. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
If you'd like to start using solar energy but still aren't sure which solar company to go with, here are our suggestions for providers 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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in New Sewickley
Factors that Affect Solar Panel Costs in New Sewickley
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in New Sewickley: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in New Sewickley, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $12,396 | 11.8 years |
| 8 kW | $2.60 | $14,566 | $16,814 | 11.6 years |
| 10 kW | $2.55 | $17,850 | $21,374 | 11.4 years |
| 12 kW | $2.50 | $20,992 | $26,077 | 11.1 years |
| 14 kW | $2.45 | $23,990 | $30,923 | 10.9 years |
| 16 kW | $2.40 | $26,846 | $35,912 | 10.7 years |
| 18 kW | $2.35 | $29,560 | $41,044 | 10.5 years |
| 20 kW | $2.29 | $32,130 | $46,318 | 10.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose considerably influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Make sure you're aligned with the company regarding how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's New Sewickley, PA Solar Cost FAQs
What is the average cost of installing solar panels in New Sewickley?
The average cost of solar panels in New Sewickley is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in New Sewickley?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located 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 $784.48 per year.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.