Solar Panel Cost Guide in Old Lycoming, PA (2025 Update)
- Old Lycoming Solar Installation Cost: $17,499
- 25-Year Savings: $14,886
- Payback Period: 15.9 Years
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Average Cost of Solar Panels in Old Lycoming
Here’s how much it might cost to go solar in Old Lycoming.
In Old Lycoming, solar panels cost about 4 per watt on average.Since a 7.0-kW system is needed to cover the energy costs of a typical home in Old Lycoming, the average price of going solar will be about $17,499 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of installing solar panels can vary based on several factors, such as how many panels you need, your energy usage and what solar installer you go with.Even with the large upfront cost, the average Old Lycoming homeowner can save around $15,000 on their electricity bills over 20 years, which is one of the benefits of solar.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Old Lycoming
| Year | Return on Investment |
|---|---|
| 1 years | $-16,021 |
| 3 years | $-13,066 |
| 5 years | $-10,111 |
| 7 years | $-7,156 |
| 9 years | $-4,201 |
| 11 years | $-1,247 |
| 13 years | $1,708 |
| 15 years | $4,663 |
| 17 years | $7,618 |
| 19 years | $10,573 |
| 21 years | $13,528 |
| 23 years | $16,483 |
| 25 years | $19,438 |
Top Solar Installers in Old Lycoming
Although it's possible to install solar panels by yourself, it requires extra energy and know-how. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
Working with a professional solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Old Lycoming
Factors that Affect Solar Panel Costs in Old Lycoming
The cost of installing a solar system in Old Lycoming can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
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 pay around $3,550 per kilowatt in Old Lycoming.There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that have better efficiency tend to also cost more. Additionally, 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
Most solar companies in Old Lycoming provide solar loans, which reduce the initial cost of installing a solar system.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies operating throughout Old Lycoming, and each can charge varying amounts for labor and equipment.Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $3.69 | $15,506 | $7,887 | 16.6 years |
| 8 kW | $3.62 | $20,278 | $10,913 | 16.3 years |
| 10 kW | $3.55 | $24,850 | $14,139 | 15.9 years |
| 12 kW | $3.48 | $29,224 | $17,563 | 15.6 years |
| 14 kW | $3.41 | $33,398 | $21,186 | 15.3 years |
| 16 kW | $3.34 | $37,374 | $25,008 | 15.0 years |
| 18 kW | $3.27 | $41,152 | $29,028 | 14.7 years |
| 20 kW | $3.19 | $44,730 | $33,248 | 14.3 years |
How to Save on Solar Panels
There are many companies available in Old Lycoming, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process works and the project completion timeline.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
EcoWatch's Old Lycoming, PA Solar Cost FAQs
What is the average cost of installing solar panels in Old Lycoming?
The average cost of solar panels in Old Lycoming is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Solar panels can be a fruitful investment for lots 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 energy bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.