Solar Panel Cost Guide in Pen Argyl, PA (2023 Update)
- Pen Argyl Solar Installation Cost: $11,977
- 25-Year Savings: $13,620
- Payback Period: 11.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Pen Argyl
We break down average solar pricing in Pen Argyl.
The national average cost of solar panels is $2.66 per watt, but in Pen Argyl it's 2.55 per watt. Using this figure, a typical 6.7-kW system would cost about $11,977 before the 30% federal solar tax credit is applied.
These figures are only estimates, and your own solar costs will most likely vary based on your specific situation and what company you go with. Despite the high initial cost, the average Pen Argyl homeowner can save about $15,000 on their energy bills over 20 years, which is one of the positives of solar.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Pen Argyl
| Year | Return on Investment |
|---|---|
| 1 years | $-10,953 |
| 3 years | $-8,906 |
| 5 years | $-6,858 |
| 7 years | $-4,810 |
| 9 years | $-2,762 |
| 11 years | $-715 |
| 13 years | $1,333 |
| 15 years | $3,381 |
| 17 years | $5,429 |
| 19 years | $7,477 |
| 21 years | $9,524 |
| 23 years | $11,572 |
| 25 years | $13,620 |
Top Solar Installers in Pen Argyl
Many homeowners decide to use a solar installer since trying to put up solar panels yourself can be challenging. A solar company can also help save you money in the long run by providing warranties, repairs and system component replacements.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Pen Argyl
Factors that Affect Solar Panel Costs in Pen Argyl
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Pen Argyl: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
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 production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you want 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
Most solar installers in Pen Argyl offer solar loans, which reduce the initial cost of installing a solar system. 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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installation company you choose will influence your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Pen Argyl are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $11,763 | 12.2 years |
| 8 kW | $2.60 | $14,566 | $15,970 | 11.9 years |
| 10 kW | $2.55 | $17,850 | $20,319 | 11.7 years |
| 12 kW | $2.50 | $20,992 | $24,811 | 11.5 years |
| 14 kW | $2.45 | $23,990 | $29,446 | 11.2 years |
| 16 kW | $2.40 | $26,846 | $34,224 | 11.0 years |
| 18 kW | $2.35 | $29,560 | $39,145 | 10.8 years |
| 20 kW | $2.29 | $32,130 | $44,208 | 10.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- 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: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Pen Argyl, PA Solar Cost FAQs
What is the average cost of installing solar panels in Pen Argyl?
The average cost of solar panels in Pen Argyl is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Pen Argyl?
You can't get solar panels for free in Pen Argyl. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels do I need to power 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 generally produce about 250 to 400 watt-hours per hour, the average household 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.