Solar Panel Cost Guide in Quincy, PA (2023 Update)
- Quincy Solar Installation Cost: $11,893
- 25-Year Savings: $11,346
- Payback Period: 12.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Quincy
We go over average solar pricing in Quincy.
The average cost of a solar system in Quincy is 2.55 per watt. The average Quincy homeowner needs a 6.7-kilowatt system, which would cost about $11,888 with the federal tax credit, or $17,000 before the 30% tax credit is applied.
The true cost of your system can go above or below the average in Quincy depending on a variety of factors, such as the model of solar panels you choose and the solar installer you hire. With average savings of about $13,000 on utility bills over 20 years, many homeowners in Quincy find installing solar panels can pay off big.
To get a free quote from a highly rated solar installer in Quincy, you can click the button below.
Solar savings over time in Quincy
| Year | Return on Investment |
|---|---|
| 1 years | $-11,815 |
| 3 years | $-11,660 |
| 5 years | $-11,505 |
| 7 years | $-11,350 |
| 9 years | $-11,195 |
| 11 years | $-11,040 |
| 13 years | $-10,886 |
| 15 years | $-10,731 |
| 17 years | $-10,576 |
| 19 years | $-10,421 |
| 21 years | $-10,266 |
| 23 years | $-10,111 |
| 25 years | $-9,956 |
Top Solar Installers in Quincy
When going solar, many homeowners choose to go with a solar installation company since installing solar panels yourself can be a time-consuming project. Plus, if you aren't sure 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.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Quincy
Factors that Affect Solar Panel Costs in Quincy
The cost of installing a solar system in Quincy can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space 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. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Quincy to be too costly, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Quincy, and each can charge varying amounts for labor and equipment. The company's size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount 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 | $9,789 | 13.3 years |
| 8 kW | $2.60 | $14,566 | $13,337 | 13.1 years |
| 10 kW | $2.55 | $17,850 | $17,029 | 12.8 years |
| 12 kW | $2.50 | $20,992 | $20,863 | 12.5 years |
| 14 kW | $2.45 | $23,990 | $24,840 | 12.3 years |
| 16 kW | $2.40 | $26,846 | $28,960 | 12.0 years |
| 18 kW | $2.35 | $29,560 | $33,222 | 11.8 years |
| 20 kW | $2.29 | $32,130 | $37,628 | 11.5 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:
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of options before deciding.
- 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 good reputation and is qualified to do the job well. Another way you can look into 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
EcoWatch's Quincy, PA Solar Cost FAQs
How much does it cost to install solar panels in Quincy?
The average cost of solar panels in Quincy 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 like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your home value?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.