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.
The national average cost of solar panels is $2.66 per watt, but in New Sewickley it’s 4 per watt.Using this figure, a typical 7.0-kW system would cost about $17,357 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will look different based on factors unique to your home and what company you want to go with.With typical savings of about $15,000 on electricity bills over 20 years, many homeowners in New Sewickley find going solar can be quite rewarding.
To get a free estimate from a pre-vetted solar installer in New Sewickley, you can click the button below.
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
Although it's possible to install solar panels on your own, it takes extra time and knowledge. That's why most people choose a solar panel installer. The expertise that solar companies offer can be invaluable as well, especially if you don’t quite know what brand of solar equipment would be right for your home.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in New Sewickley
Factors that Affect Solar Panel Costs in New Sewickley
There are several criteria 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 performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar panels and equipment you choose is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in New Sewickley offer solar loans, which reduce the initial cost of installing solar panels.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can play a role in determining how much you pay. New Sewickley’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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
There are many companies to choose from in New Sewickley, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Companies that have been in business for many years likely have a high 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.
- Solar Panel Brands: Different companies offer different brands and models of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's New Sewickley, PA Solar Cost FAQs
How much does it cost to install solar panels in New Sewickley?
This is a difficult question to answer precisely, 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 more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt 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?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in New Sewickley is currently $212,257, which means you can expect a value of about $8,703 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in New Sewickley is a fruitful investment.
How long do solar panels last in New Sewickley?
On average, solar panels can last 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 larger 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.