Solar Panel Cost Guide in Pocono Woodland Lakes, PA (2024 Update)
- Pocono Woodland Lakes Solar Installation Cost: $16,905
- 25-Year Savings: $15,767
- Payback Period: 15.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Pocono Woodland Lakes
Find out what the average cost of a solar system is in Pocono Woodland Lakes.
In Pocono Woodland Lakes, solar panels cost about 4 per watt on average.Because a 6.8-kW system is needed to cover the energy costs of a typical home in Pocono Woodland Lakes, the average price of going solar will be about $16,905 after claiming the federal solar tax credit of 0.
The true price you pay can go above or below the average in Pocono Woodland Lakes depending on several factors, such as the kind of solar panels you choose and the solar company you hire.For many homeowners, the upfront investment in solar is worth paying. On average homeowners in Pocono Woodland Lakes see about $16,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Pocono Woodland Lakes for a quote for your home.
Solar savings over time in Pocono Woodland Lakes
| Year | Return on Investment |
|---|---|
| 1 years | $-15,662 |
| 3 years | $-13,176 |
| 5 years | $-10,690 |
| 7 years | $-8,204 |
| 9 years | $-5,718 |
| 11 years | $-3,232 |
| 13 years | $-746 |
| 15 years | $1,740 |
| 17 years | $4,226 |
| 19 years | $6,712 |
| 21 years | $9,198 |
| 23 years | $11,684 |
| 25 years | $14,170 |
Top Solar Installers in Pocono Woodland Lakes
When going solar, many homeowners decide to use a solar installer since DIY solar panel installation can be a time-consuming project. Plus, if you aren’t sure what type of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
If you're looking for a solar company in Pocono Woodland Lakes, the EcoWatch team has compiled a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Pocono Woodland Lakes
Factors that Affect Solar Panel Costs in Pocono Woodland Lakes
The cost of installing a solar system in Pocono Woodland Lakes can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need 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.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are an affordable option because they cut back your upfront costs and let you pay for your system over five to seven years on average.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies operating in Pocono Woodland Lakes, and each can charge varying amounts for labor and equipment.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $9,110 | 15.7 years |
| 8 kW | $3.62 | $20,278 | $12,544 | 15.4 years |
| 10 kW | $3.55 | $24,850 | $16,177 | 15.1 years |
| 12 kW | $3.48 | $29,224 | $20,009 | 14.8 years |
| 14 kW | $3.41 | $33,398 | $24,040 | 14.5 years |
| 16 kW | $3.34 | $37,374 | $28,269 | 14.2 years |
| 18 kW | $3.27 | $41,152 | $32,698 | 13.9 years |
| 20 kW | $3.19 | $44,730 | $37,325 | 13.6 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When reading through your solar company’s contract, ask questions 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.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Pocono Woodland Lakes, PA Solar Cost FAQs
How much does it cost to install solar panels in Pocono Woodland Lakes?
The average cost of solar panels in Pocono Woodland Lakes 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 like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Pocono Woodland Lakes?
A solar panel system isn’t free in Pocono Woodland Lakes, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will solar panels impact how much my home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pocono Woodland Lakes is currently $314,257, which means you could be looking at a value of about $12,885 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pocono Woodland Lakes is a worthwhile investment.
How long do solar panels last in Pocono Woodland Lakes?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.
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.