Solar Panel Cost Guide in Pequea, PA (Mar 2023)
- Pequea Solar Installation Cost: $11,727
- 25-Year Savings: $12,905
- Payback Period: 11.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Pequea
Find out what the average cost of solar panel installation is in Pequea.
While the national average of solar panels is $2.66 per watt, solar panels in Pequea typically cost around 2.55. Using this figure, a typical 6.6-kW system would cost about $11,727 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Pequea homeowners. The cost 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 typical savings of about $14,000 on power bills over 20 years, many homeowners in Pequea find going solar can be quite rewarding.
To receive a free quote from a top solar installer in Pequea, you can click the button below.
Solar savings over time in Pequea
| Year | Return on Investment |
|---|---|
| 1 years | $-10,742 |
| 3 years | $-8,772 |
| 5 years | $-6,801 |
| 7 years | $-4,830 |
| 9 years | $-2,860 |
| 11 years | $-889 |
| 13 years | $1,081 |
| 15 years | $3,052 |
| 17 years | $5,023 |
| 19 years | $6,993 |
| 21 years | $8,964 |
| 23 years | $10,934 |
| 25 years | $12,905 |
Top Solar Installers in Pequea
When making the switch to solar, many homeowners choose to hire a solar installer since overseeing your solar installation yourself can be a challenging project. Plus, if you're not certain what kind of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
Working with a vetted solar company can make going solar easier. 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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Pequea
Factors that Affect Solar Panel Costs in Pequea
For many Pequea homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Pequea, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,550. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Pequea average.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable choice because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your total costs, so it's crucial to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Pequea is the company you get to install your solar system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that provide a range of services at different costs. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $2.65 | $11,138 | $11,350 | 12.4 years |
| 8 kW | $2.60 | $14,566 | $15,419 | 12.1 years |
| 10 kW | $2.55 | $17,850 | $19,630 | 11.9 years |
| 12 kW | $2.50 | $20,992 | $23,985 | 11.7 years |
| 14 kW | $2.45 | $23,990 | $28,482 | 11.4 years |
| 16 kW | $2.40 | $26,846 | $33,122 | 11.2 years |
| 18 kW | $2.35 | $29,560 | $37,905 | 11.0 years |
| 20 kW | $2.29 | $32,130 | $42,831 | 10.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: The brand of solar panel you'd like plays a role in which company you should go with, since different companies have access to different panels.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Pequea, PA Solar Cost FAQs
What is the average cost of installing solar panels in Pequea?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Pequea?
Leasing solar panels can be an option if you can't pay upfront or get 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 Pequea?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future energy bills.
How long do solar panels last in Pequea?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.