Solar Panel Cost Guide in Providence, PA (2024 Update)
- Providence Solar Installation Cost: $16,331
- 25-Year Savings: $13,324
- Payback Period: 16.3 Years
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Average Cost of Solar Panels in Providence
See how much it might cost to make the switch to solar in Providence.
Although the national average of solar panels is $2.66 per watt, solar panels in Providence generally cost about 4.Because a 6.6-kW system is needed to cover the energy consumption of a typical home in Providence, the average price of going solar will be about $16,331 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what solar installer you go with.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Providence can save around $14,000 on their power bills over 20 years.
Click the button below to get connected to a reputable solar panel company in Providence for a custom quote.
Solar savings over time in Providence
| Year | Return on Investment |
|---|---|
| 1 years | $-15,006 |
| 3 years | $-12,356 |
| 5 years | $-9,706 |
| 7 years | $-7,056 |
| 9 years | $-4,406 |
| 11 years | $-1,756 |
| 13 years | $894 |
| 15 years | $3,545 |
| 17 years | $6,195 |
| 19 years | $8,845 |
| 21 years | $11,495 |
| 23 years | $14,145 |
| 25 years | $16,795 |
Top Solar Installers in Providence
When making the switch to solar, many homeowners prefer to go with a solar company since handling can be a difficult project. Because solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you’d like to go solar but still aren’t certain which solar panel installer to go with, here are our suggestions for providers nearby:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Providence
Factors that Affect Solar Panel Costs in Providence
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Providence: 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 panels varies by thousands of dollars due to a few 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 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 type of solar equipment you choose can bring your price up or down 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. However, higher efficiency could save you more over time on your electric bills. In addition, add-on products, like solar batteries, can bring your total well above the Providence average.
Solar Financing Terms
Most solar installers in Providence have solar loans, which reduce your upfront costs of installing solar panels.However, the interest on solar loans also adds to your overall costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can influence your pricing. Providence’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Providence know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $3.69 | $15,506 | $7,368 | 16.9 years |
| 8 kW | $3.62 | $20,278 | $10,221 | 16.6 years |
| 10 kW | $3.55 | $24,850 | $13,274 | 16.3 years |
| 12 kW | $3.48 | $29,224 | $16,525 | 16.0 years |
| 14 kW | $3.41 | $33,398 | $19,975 | 15.6 years |
| 16 kW | $3.34 | $37,374 | $23,624 | 15.3 years |
| 18 kW | $3.27 | $41,152 | $27,471 | 15.0 years |
| 20 kW | $3.19 | $44,730 | $31,518 | 14.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: If you’re concerned about the durability of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Providence, PA Solar Cost FAQs
How much does it cost to install solar panels in Providence?
The average cost of solar panels in Providence is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on things 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 Providence?
You can’t get solar panels for free in Providence. However, you may still be able to afford 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.
Does Providence have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Providence?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use 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.