Solar Panel Cost Guide in North Lebanon, PA (2023 Update)
- North Lebanon Solar Installation Cost: $11,869
- 25-Year Savings: $13,213
- Payback Period: 11.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in North Lebanon
We go over average solar pricing in North Lebanon.
In North Lebanon, solar panels cost about 2.55 per watt on average. The average North Lebanon homeowner needs a 6.7-kilowatt system, which would cost about $11,870 with the federal tax credit, or $16,974 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average North Lebanon homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in North Lebanon see about $14,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in North Lebanon for a quote for your home.
Solar savings over time in North Lebanon
| Year | Return on Investment |
|---|---|
| 1 years | $-11,786 |
| 3 years | $-11,618 |
| 5 years | $-11,451 |
| 7 years | $-11,284 |
| 9 years | $-11,117 |
| 11 years | $-10,950 |
| 13 years | $-10,782 |
| 15 years | $-10,615 |
| 17 years | $-10,448 |
| 19 years | $-10,281 |
| 21 years | $-10,114 |
| 23 years | $-9,946 |
| 25 years | $-9,779 |
Top Solar Installers in North Lebanon
Although it's possible to install solar panels yourself, it involves extra energy and expertise. Because of that, almost all homeowners choose to hire a solar panel installer. Local solar installation companies can also help you optimize your return on investment by walking you through any local incentives you can benefit from and by providing warranties and repairs.
There are several licensed solar professionals that can help you install your solar system. 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 North Lebanon
Factors that Affect Solar Panel Costs in North Lebanon
For many North Lebanon homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in North Lebanon, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in North Lebanon. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like North Lebanon, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in North Lebanon provide solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also adds to your all-in costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in North Lebanon is the company you choose to install your PV system. As with choosing a company to install new cabinets, for example, you'll have many options for solar installers that provide a range of services for different budgets. Additionally, some companies in North Lebanon know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $11,494 | 12.3 years |
| 8 kW | $2.60 | $14,566 | $15,611 | 12.1 years |
| 10 kW | $2.55 | $17,850 | $19,871 | 11.8 years |
| 12 kW | $2.50 | $20,992 | $24,274 | 11.6 years |
| 14 kW | $2.45 | $23,990 | $28,819 | 11.4 years |
| 16 kW | $2.40 | $26,846 | $33,507 | 11.1 years |
| 18 kW | $2.35 | $29,560 | $38,338 | 10.9 years |
| 20 kW | $2.29 | $32,130 | $43,312 | 10.6 years |
How to Save on Solar Panels
There are a lot of companies to choose from in North Lebanon, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you're concerned about the endurance of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide quality solar panel installation and expertise.
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 Lebanon, PA Solar Cost FAQs
What is the average cost of installing solar panels in North Lebanon?
The average cost of solar panels in North Lebanon 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.
Should I lease or buy solar panels in North Lebanon?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Is it worth going solar in North Lebanon?
Solar panels can be a beneficial 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 fairly 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 usage and the amount of 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 buy between 20 and 35 panels to account for 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.