Solar Panel Cost Guide in North Beaver, PA (Mar 2023)
- North Beaver Solar Installation Cost: $12,495
- 25-Year Savings: $11,748
- Payback Period: 12.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in North Beaver
Here's how much it might cost to go solar in North Beaver.
The average cost of a solar panel system in North Beaver is 2.55 per watt. The average North Beaver homeowner needs a 7.0-kilowatt system, which would cost about $12,495 with the federal tax credit, or $17,868 before the 30% tax credit is applied.
These figures are only averages, and the cost of going solar for you will most likely vary based on factors unique to your home and what company you go with. For many homeowners, the upfront investment in solar panels is worth paying. On average homeowners in North Beaver see about $13,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a vetted solar company in North Beaver for a quote for your home.
Solar savings over time in North Beaver
| Year | Return on Investment |
|---|---|
| 1 years | $-11,525 |
| 3 years | $-9,586 |
| 5 years | $-7,646 |
| 7 years | $-5,707 |
| 9 years | $-3,767 |
| 11 years | $-1,828 |
| 13 years | $111 |
| 15 years | $2,051 |
| 17 years | $3,990 |
| 19 years | $5,930 |
| 21 years | $7,869 |
| 23 years | $9,809 |
| 25 years | $11,748 |
Top Solar Installers in North Beaver
Although it's possible to install solar panels on your own, it involves extra energy and knowledge. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Also, if you'd like to maximize your investment in solar, going with a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
If you'd like to start using solar energy but still aren't certain which solar panel company to go with, here are our suggestions 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
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 North Beaver
Factors that Affect Solar Panel Costs in North Beaver
Though the average cost of a solar system in North Beaver is $12,495, your actual cost may differ. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar energy 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 gauge by looking at past energy bills. Your overall cost can increase by around $2,550 for each additional kilowatt you need. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, add-on products, such as solar batteries, can bump up your total well above the North Beaver average.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. When figuring 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 last key cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in North Beaver, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. 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 larger companies.
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 brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- 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.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
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 North Beaver, PA Solar Cost FAQs
What is the average cost of installing solar panels in North Beaver?
The average cost of solar panels in North Beaver is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in North Beaver?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property 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 financial benefits from going solar.
Is switching to solar power worth it?
Solar panels can be a good investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.