Solar Panel Cost Guide in Oley, PA (Feb 2023)
- Oley Solar Installation Cost: $11,870
- 25-Year Savings: $13,989
- Payback Period: 11.5 Years
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Top Solar Installers in Oley
When switching to solar energy, many homeowners choose to go with a solar company since installing a solar system yourself can be a time-consuming project. Local solar companies can also help you maximize your return on investment by assisting with any local incentives you can benefit from and by offering warranties and repairs.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Oley
Factors that Affect Solar Panel Costs in Oley
There are a number of factors that can play into your 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 system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. There are many different solar panel brands and the one you choose also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Oley to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest. However, the interest on solar loans also adds to your overall costs, so it's crucial to consider that as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you select will play a role in your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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||$12,190||11.9 years|
|8 kW||$2.60||$14,566||$16,538||11.7 years|
|10 kW||$2.55||$17,850||$21,030||11.5 years|
|12 kW||$2.50||$20,992||$25,664||11.2 years|
|14 kW||$2.45||$23,990||$30,441||11.0 years|
|16 kW||$2.40||$26,846||$35,361||10.8 years|
|18 kW||$2.35||$29,560||$40,424||10.6 years|
|20 kW||$2.29||$32,130||$45,630||10.3 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. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Reputation: Make sure your solar 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 EcoWatch.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: If you care about the endurance of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
EcoWatch's Oley, PA Solar Cost FAQs
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.