Solar Panel Cost Guide in Old Forge, PA (Dec 2022)

  • Old Forge Solar Installation Cost: $12,370
  • 25-Year Savings: $11,941
  • Payback Period: 12.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Old Forge

Let's take a look at the average cost of solar in Old Forge.

The national average cost of solar panels is $2.66 per watt, but in Old Forge it's $3 per watt. Because a 6.9-kW system is needed to cover the energy needs of a typical home in Old Forge, the average price of going solar will be about $12,370 before claiming the federal solar tax credit of 30%.

Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy use, the type of solar panels you want to get, your solar contractor and more. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Old Forge can save about $13,000 on their electricity bills over 20 years.

Click the button below to get connected to a top solar panel company in Old Forge for a custom quote.

Solar savings over time in Old Forge

Year Return on Investment
1 years $-11,398
3 years $-9,453
5 years $-7,508
7 years $-5,563
9 years $-3,618
11 years $-1,673
13 years $272
15 years $2,216
17 years $4,161
19 years $6,106
21 years $8,051
23 years $9,996
25 years $11,941

Top Solar Installers in Old Forge

Trying to put up solar panels by yourself can be a challenging project, which is why hiring a solar installer is a good option for many homeowners. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.

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 near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Old Forge

Factors that Affect Solar Panel Costs in Old Forge

There are several criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The kind of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.

Solar Financing Terms

Most solar installers in Old Forge have solar loans, which reduce the initial cost of installing solar panels. Even though solar loans make switching to solar energy more accessible for Old Forge homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The final key cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Old Forge, you'll have many options to choose from, but each comes at varying price points for labor and equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 $9,910 13.2 years
8 kW $2.60 $14,566 $13,499 13.0 years
10 kW $2.55 $17,850 $17,231 12.7 years
12 kW $2.50 $20,992 $21,106 12.5 years
14 kW $2.45 $23,990 $25,123 12.2 years
16 kW $2.40 $26,846 $29,284 12.0 years
18 kW $2.35 $29,560 $33,587 11.7 years
20 kW $2.29 $32,130 $38,033 11.4 years

How to Save on Solar Panels

There are a lot of companies to choose from in Old Forge, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:

  • 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 past customers and solar experts like the EcoWatch team.
  • Solar Panel Brands: The type of solar panel you need to get plays a part in which installer you should opt for, since different companies offer different panels.
  • Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
  • Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Old Forge, PA Solar Cost FAQs

How much does it cost to install solar panels in Old Forge?

This is a tough question to answer exactly, because the cost depends on many 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 other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Old Forge?

Leasing solar panels can be an appealing choice, because it commonly 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 option if you want to maximize your savings.

Does Old Forge have a net metering program?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.

How long do solar panels last in Old Forge?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.

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.

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