Solar Panel Cost Guide in North Beaver, PA (2023 Update)
- North Beaver Solar Installation Cost: $12,487
- 25-Year Savings: $11,756
- Payback Period: 12.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in North Beaver
Find out what the average cost of a solar system is in North Beaver.
The national average cost of solar panels is $2.66 per watt, but in North Beaver it's 2.55 per watt. The average solar panel system size in North Beaver is around 7.0 kilowatts, meaning a cost of about $12,495 for a solar installation, or $17,868 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of solar panels you choose, your solar contractor and more. But, after you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $13,000 over 20 years on energy bills.
Click the button below to get connected to a highly rated solar installer in North Beaver for a customized estimate.
Solar savings over time in North Beaver
| Year | Return on Investment |
|---|---|
| 1 years | $-11,184 |
| 3 years | $-8,579 |
| 5 years | $-5,973 |
| 7 years | $-3,367 |
| 9 years | $-762 |
| 11 years | $1,844 |
| 13 years | $4,450 |
| 15 years | $7,056 |
| 17 years | $9,661 |
| 19 years | $12,267 |
| 21 years | $14,873 |
| 23 years | $17,479 |
| 25 years | $20,084 |
Top Solar Installers in North Beaver
Many homeowners decide to use a solar panel company since trying to install solar panels by yourself can be a labor-intensive endeavor. The payback period of solar panels will vary based on factors like your roof configuration and energy needs, but working with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you'd like to go solar but still aren't sure which solar system installer to go with, here are our recommendations for providers nearby:
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 North Beaver
Factors that Affect Solar Panel Costs in North Beaver
The cost of installing a solar system in North Beaver can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar panel system in North Beaver, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can figure out by looking at past power 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 pick also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far 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 difficult, solar loans are a popular route because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra 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 | $2.65 | $11,138 | $9,654 | 13.4 years |
| 8 kW | $2.60 | $14,566 | $13,158 | 13.1 years |
| 10 kW | $2.55 | $17,850 | $16,804 | 12.9 years |
| 12 kW | $2.50 | $20,992 | $20,593 | 12.6 years |
| 14 kW | $2.45 | $23,990 | $24,525 | 12.4 years |
| 16 kW | $2.40 | $26,846 | $28,600 | 12.1 years |
| 18 kW | $2.35 | $29,560 | $32,818 | 11.8 years |
| 20 kW | $2.29 | $32,130 | $37,178 | 11.6 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 carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
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 North Beaver, PA Solar Cost FAQs
How much does it cost to install solar panels in North Beaver?
This is a tough question to answer exactly, because the cost depends on a variety of 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in North Beaver?
Solar panels aren't free in North Beaver, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in North Beaver?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out 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 home 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.