Solar Panel Cost Guide in Potter, PA (2023 Update)
- Potter Solar Installation Cost: $12,510
- 25-Year Savings: $14,000
- Payback Period: 11.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Potter
Here's how much it might cost to make the switch to solar in Potter.
The national average cost of solar panels is $2.66 per watt, but in Potter it's 2.55 per watt. Using this figure, a typical 7.0-kW system would cost about $12,513 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Potter homeowner. The cost 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. Despite the large upfront cost, the average Potter homeowner can save about $14,000 on their power bills over 20 years, which is one of the benefits of solar.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Potter
| Year | Return on Investment |
|---|---|
| 1 years | $-12,422 |
| 3 years | $-12,245 |
| 5 years | $-12,068 |
| 7 years | $-11,892 |
| 9 years | $-11,715 |
| 11 years | $-11,538 |
| 13 years | $-11,361 |
| 15 years | $-11,185 |
| 17 years | $-11,008 |
| 19 years | $-10,831 |
| 21 years | $-10,654 |
| 23 years | $-10,478 |
| 25 years | $-10,301 |
Top Solar Installers in Potter
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Using a solar panel installer can make your switch to solar power much easier. Plus, if you aren't sure what type of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.
Working with a professional solar installer can help you make the most of your investment in solar. 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 Potter
Factors that Affect Solar Panel Costs in Potter
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Potter: solar equipment and system size, financing options and the solar installation company you choose. We'll go over 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 key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation use 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. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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 in the long run on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Potter average.
Solar Financing Terms
Many homeowners find the average cost of solar in Potter to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time due to interest. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating in Potter, and each can charge varying amounts for labor and equipment. Additionally, some companies in Potter are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $11,557 | 12.3 years |
| 8 kW | $2.60 | $14,566 | $15,695 | 12.0 years |
| 10 kW | $2.55 | $17,850 | $19,976 | 11.8 years |
| 12 kW | $2.50 | $20,992 | $24,399 | 11.6 years |
| 14 kW | $2.45 | $23,990 | $28,965 | 11.3 years |
| 16 kW | $2.40 | $26,846 | $33,674 | 11.1 years |
| 18 kW | $2.35 | $29,560 | $38,526 | 10.9 years |
| 20 kW | $2.29 | $32,130 | $43,521 | 10.6 years |
How to Save on Solar Panels
There are many companies to choose from in Potter, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels based 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 the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: It's important to read your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
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 Potter, PA Solar Cost FAQs
How much does it cost to install solar panels in Potter?
The average cost of solar panels in Potter is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real 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 use.
Can you get solar panels for free in Potter?
A solar panel system isn't free in Potter, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Potter have a net metering program?
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 offer you credit toward your future energy bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.