Solar Panel Cost Guide in Newberry, PA (2023 Update)
- Newberry Solar Installation Cost: $11,779
- 25-Year Savings: $14,334
- Payback Period: 11.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Newberry
Find out what the average cost of installing solar panels is in Newberry.
The average cost of a solar system in Newberry is 2.55 per watt. The average Newberry homeowner needs a 6.6-kilowatt system, which would cost about $11,781 with the federal tax credit, or $16,847 before the 30% tax credit is applied.
These figures are just estimates, and the cost of going solar for you will most likely vary based on factors unique to your home and what company you choose to go with. Despite the high upfront cost, the average Newberry homeowner can save around $15,000 on their energy bills over 20 years, which is one of the benefits of solar.
To receive a free estimate from a vetted solar company in Newberry, you can click the button below.
Solar savings over time in Newberry
| Year | Return on Investment |
|---|---|
| 1 years | $-10,536 |
| 3 years | $-8,050 |
| 5 years | $-5,564 |
| 7 years | $-3,078 |
| 9 years | $-592 |
| 11 years | $1,894 |
| 13 years | $4,380 |
| 15 years | $6,866 |
| 17 years | $9,352 |
| 19 years | $11,838 |
| 21 years | $14,324 |
| 23 years | $16,809 |
| 25 years | $19,295 |
Top Solar Installers in Newberry
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar panel installer can make your switch to solar power much easier. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
There are various licensed solar professionals that can take care of your solar installation project. 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
See all of the solar companies in Newberry
Factors that Affect Solar Panel Costs in Newberry
For many Newberry homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Newberry, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Newberry, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can affect your pricing. Newberry's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Newberry have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- 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 certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- 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.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Newberry, PA Solar Cost FAQs
What is the average cost of installing solar panels in Newberry?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly 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 extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.