Solar Panel Cost Guide in Newberry, PA (2023 Update)
- Newberry Solar Installation Cost: $11,781
- 25-Year Savings: $14,332
- Payback Period: 11.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Newberry
We go over average solar pricing in Newberry.
While the national average of solar panels is $2.66 per watt, solar panels in Newberry typically cost around 2.55. Since a 6.6-kW system is needed to cover the energy usage of a typical home in Newberry, the average price of going solar will be about $11,781 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of installing solar panels can vary quite a bit depending on a few factors, such as how many panels you need, your energy usage and what installation company you go with. For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $15,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar company in Newberry for a personalized estimate.
Solar savings over time in Newberry
| Year | Return on Investment |
|---|---|
| 1 years | $-10,736 |
| 3 years | $-8,647 |
| 5 years | $-6,558 |
| 7 years | $-4,469 |
| 9 years | $-2,380 |
| 11 years | $-291 |
| 13 years | $1,798 |
| 15 years | $3,887 |
| 17 years | $5,976 |
| 19 years | $8,065 |
| 21 years | $10,154 |
| 23 years | $12,243 |
| 25 years | $14,332 |
Top Solar Installers in Newberry
Installing solar panels by yourself can be a time-consuming undertaking, which is why getting a solar installation company is a good option for many homeowners. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Newberry
Factors that Affect Solar Panel Costs in Newberry
The cost of installing a solar system in Newberry can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, 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 nearly $2,550. The kind of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable choice because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. It's wise 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Newberry, and each can charge different amounts for labor and equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and choose a company that provides the products, warranties and services you're looking for and also is within your budget.
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 | $12,605 | 11.7 years |
| 8 kW | $2.60 | $14,566 | $17,092 | 11.5 years |
| 10 kW | $2.55 | $17,850 | $21,722 | 11.3 years |
| 12 kW | $2.50 | $20,992 | $26,495 | 11.1 years |
| 14 kW | $2.45 | $23,990 | $31,411 | 10.8 years |
| 16 kW | $2.40 | $26,846 | $36,469 | 10.6 years |
| 18 kW | $2.35 | $29,560 | $41,670 | 10.4 years |
| 20 kW | $2.29 | $32,130 | $47,014 | 10.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: Even though reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before deciding.
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 Newberry, PA Solar Cost FAQs
How much does it cost to install solar panels in Newberry?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 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 above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Newberry is currently $169,567, so you can look forward to a value of about $6,952 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Newberry is a fruitful investment.
How long do solar panels last in Newberry?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.