Solar Panel Cost Guide in North Cornwall, PA (2023 Update)
- North Cornwall Solar Installation Cost: $11,870
- 25-Year Savings: $13,084
- Payback Period: 11.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in North Cornwall
Let's have a look at the average cost of solar panels in North Cornwall.
Although the national average of solar panels is $2.66 per watt, solar panels in North Cornwall typically cost about 2.55. The average solar panel system size in North Cornwall is around 6.7 kilowatts, meaning a cost of about $11,870 for a solar installation, or $16,974 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of North Cornwall homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find going solar is a sound investment. The average homeowner in North Cornwall can save about $14,000 on their energy bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in North Cornwall
Year | Return on Investment |
---|---|
1 years | $-10,872 |
3 years | $-8,876 |
5 years | $-6,879 |
7 years | $-4,883 |
9 years | $-2,887 |
11 years | $-890 |
13 years | $1,106 |
15 years | $3,102 |
17 years | $5,098 |
19 years | $7,095 |
21 years | $9,091 |
23 years | $11,087 |
25 years | $13,084 |
Top Solar Installers in North Cornwall
When switching to solar energy, many homeowners decide to hire a solar installer since DIY solar panel installation can be a challenging project. Companies can also provide access to a large variety of the best solar panels and help you decide which one will be best for you.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some in North Cornwall:
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 Cornwall
Factors that Affect Solar Panel Costs in North Cornwall
The cost of installing a solar system in North Cornwall can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in North Cornwall to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest. You'll have to consider the long-term cost of loans, including the total 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 more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in North Cornwall, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and decide on the company that provides the products, warranties and services you want and also fit into 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 | $11,378 | 12.4 years |
8 kW | $2.60 | $14,566 | $15,456 | 12.1 years |
10 kW | $2.55 | $17,850 | $19,678 | 11.9 years |
12 kW | $2.50 | $20,992 | $24,041 | 11.7 years |
14 kW | $2.45 | $23,990 | $28,548 | 11.4 years |
16 kW | $2.40 | $26,846 | $33,198 | 11.2 years |
18 kW | $2.35 | $29,560 | $37,990 | 10.9 years |
20 kW | $2.29 | $32,130 | $42,925 | 10.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. 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 North Cornwall, PA Solar Cost FAQs
How much does it cost to install solar panels in North Cornwall?
The average cost of solar panels in North Cornwall 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 things such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Does North Cornwall have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
How often do you have to replace solar panels?
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 higher level 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.