Solar Panel Cost Guide in Olyphant, PA (2025 Update)
- Olyphant Solar Installation Cost: $17,221
- 25-Year Savings: $11,941
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in Olyphant
Find out what the average cost of a solar system is in Olyphant.
In Olyphant, solar panels cost about 4 per watt on average.Since a 6.9-kW system is needed to cover the energy usage of a typical home in Olyphant, the average price of going solar will be about $17,221 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Olyphant homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $13,000 on utility bills over 20 years, many homeowners in Olyphant find investing in solar has a decent ROI.
Click the button below to get connected to a top solar panel company in your area for a custom quote.
Solar savings over time in Olyphant
| Year | Return on Investment |
|---|---|
| 1 years | $-15,875 |
| 3 years | $-13,184 |
| 5 years | $-10,493 |
| 7 years | $-7,801 |
| 9 years | $-5,110 |
| 11 years | $-2,419 |
| 13 years | $272 |
| 15 years | $2,963 |
| 17 years | $5,655 |
| 19 years | $8,346 |
| 21 years | $11,037 |
| 23 years | $13,728 |
| 25 years | $16,419 |
Top Solar Installers in Olyphant
Many homeowners decide to hire a solar panel installer since figuring out how to install solar panels yourself can be time-consuming. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're looking for a solar installer in Olyphant, we've organized a list of our top suggestions here:
See all of the solar companies in Olyphant
Factors that Affect Solar Panel Costs in Olyphant
There are many factors 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 performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,550.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Olyphant, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Olyphant homeowners decide to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to 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 finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Olyphant, you’ll have lots of options to choose from, but each comes at various price points for labor and equipment.Some companies only sell high-quality, high-efficiency and high-price 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 choose a company that offers the products, warranties and services you’re looking for 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 | $3.69 | $15,506 | $5,542 | 18.4 years |
| 8 kW | $3.62 | $20,278 | $7,787 | 18.1 years |
| 10 kW | $3.55 | $24,850 | $10,231 | 17.7 years |
| 12 kW | $3.48 | $29,224 | $12,874 | 17.4 years |
| 14 kW | $3.41 | $33,398 | $15,715 | 17.0 years |
| 16 kW | $3.34 | $37,374 | $18,756 | 16.6 years |
| 18 kW | $3.27 | $41,152 | $21,995 | 16.3 years |
| 20 kW | $3.19 | $44,730 | $25,433 | 15.9 years |
How to Save on Solar Panels
The company that does your solar system 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 challenge, we have some tips to help you, such as:
- Contract: Before you sign a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies have various brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
EcoWatch's Olyphant, PA Solar Cost FAQs
How much does it cost to install solar panels in Olyphant?
The average cost of solar panels in Olyphant is about $17,750 for a 5-kW system and $35,500 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.
Is it better to lease or buy solar panels in Olyphant?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can you sell solar power back to the grid in Olyphant?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Olyphant?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of 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.