Solar Panel Cost Guide in Pymatuning, PA (2023 Update)
- Pymatuning Solar Installation Cost: $12,566
- 25-Year Savings: $14,825
- Payback Period: 11.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Pymatuning
Here's how much it might cost to go solar in Pymatuning.
The average cost of solar panels in Pymatuning is 2.55 per watt. Using this figure, a typical 7.0-kW system would cost about $12,566 before the 30% federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you will most likely vary based on your energy needs and what company you go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $15,000 over 20 years on power bills.
To receive a free quote from a vetted solar installer in Pymatuning, you can click the button below.
Solar savings over time in Pymatuning
| Year | Return on Investment |
|---|---|
| 1 years | $-11,471 |
| 3 years | $-9,279 |
| 5 years | $-7,088 |
| 7 years | $-4,897 |
| 9 years | $-2,706 |
| 11 years | $-514 |
| 13 years | $1,677 |
| 15 years | $3,868 |
| 17 years | $6,059 |
| 19 years | $8,251 |
| 21 years | $10,442 |
| 23 years | $12,633 |
| 25 years | $14,825 |
Top Solar Installers in Pymatuning
Many homeowners opt for a solar panel company since trying to put up solar panels by yourself can be challenging. Plus, if you're not certain what kind of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
Working with a licensed 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 Pymatuning
Factors that Affect Solar Panel Costs in Pymatuning
Cost is typically 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 Pymatuning: 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
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Pymatuning. The kind 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, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, such as solar batteries, can bump up your total well above the Pymatuning average.
Solar Financing Terms
Many homeowners find the average cost of solar in Pymatuning to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $12,194 | 11.9 years |
| 8 kW | $2.60 | $14,566 | $16,545 | 11.7 years |
| 10 kW | $2.55 | $17,850 | $21,038 | 11.5 years |
| 12 kW | $2.50 | $20,992 | $25,674 | 11.2 years |
| 14 kW | $2.45 | $23,990 | $30,453 | 11.0 years |
| 16 kW | $2.40 | $26,846 | $35,374 | 10.8 years |
| 18 kW | $2.35 | $29,560 | $40,439 | 10.6 years |
| 20 kW | $2.29 | $32,130 | $45,646 | 10.3 years |
How to Save on Solar Panels
There are numerous companies available in Pymatuning, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Contract: Though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Warranty: If you're concerned about the longevity of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Pymatuning, PA Solar Cost FAQs
How much does it cost to install solar panels in Pymatuning?
This is a tough question to answer exactly, because the cost depends on many factors. Generally 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Pymatuning?
Solar panels aren't free in Pymatuning, 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 you can take advantage of.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $777.76 per year.
How often do you have to replace solar panels?
Although 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 their energy production will have decreased significantly after that point. You can opt to replace them once you've had 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.