Solar Panel Cost Guide in Paradise, PA (2024 Update)
- Paradise Solar Installation Cost: $16,331
- 25-Year Savings: $12,580
- Payback Period: 16.8 Years
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Average Cost of Solar Panels in Paradise
Find out what the average cost of installing solar panels is in Paradise.
Although the national average of solar panels is $2.66 per watt, solar panels in Paradise typically cost around 4.The average Paradise homeowner needs a 6.6-kilowatt system, which would cost about $16,331 with the federal tax credit, or $23,353 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Paradise homeowners. 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 most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Paradise see about $14,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Paradise that can help you get a more accurate cost estimate for your home.
Solar savings over time in Paradise
| Year | Return on Investment |
|---|---|
| 1 years | $-14,986 |
| 3 years | $-12,295 |
| 5 years | $-9,604 |
| 7 years | $-6,912 |
| 9 years | $-4,221 |
| 11 years | $-1,530 |
| 13 years | $1,161 |
| 15 years | $3,852 |
| 17 years | $6,544 |
| 19 years | $9,235 |
| 21 years | $11,926 |
| 23 years | $14,617 |
| 25 years | $17,308 |
Top Solar Installers in Paradise
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make switching to solar power much easier. Another great thing about going with a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
There are various licensed solar professionals that can take care of your solar installation project. 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Paradise
Factors that Affect Solar Panel Costs in Paradise
There are a number of criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
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 Paradise.There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
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 Paradise homeowners decide to finance their solar panel systems to make going solar more affordable.Though solar loans make switching to solar energy more accessible for Paradise homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Paradise is the company you get to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services at different costs.Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $6,688 | 17.5 years |
| 8 kW | $3.62 | $20,278 | $9,315 | 17.1 years |
| 10 kW | $3.55 | $24,850 | $12,141 | 16.8 years |
| 12 kW | $3.48 | $29,224 | $15,166 | 16.5 years |
| 14 kW | $3.41 | $33,398 | $18,389 | 16.1 years |
| 16 kW | $3.34 | $37,374 | $21,811 | 15.8 years |
| 18 kW | $3.27 | $41,152 | $25,432 | 15.5 years |
| 20 kW | $3.19 | $44,730 | $29,252 | 15.1 years |
How to Save on Solar Panels
The company that does your system 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 through 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.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Long-standing companies likely have a high 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.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Paradise, PA Solar Cost FAQs
How much does it cost to install solar panels in Paradise?
The average cost of solar panels in Paradise 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Paradise?
You can’t get solar panels for free in Paradise. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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 home 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.
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.