Solar Panel Cost Guide in Redstone, PA (2023 Update)
- Redstone Solar Installation Cost: $12,531
- 25-Year Savings: $8,513
- Payback Period: 14.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Redstone
We go over average solar pricing in Redstone.
The average cost of solar panels in Redstone is 2.55 per watt. The average Redstone homeowner needs a 7.0-kilowatt system, which would cost about $12,531 with the federal tax credit, or $17,919 before the 30% tax credit is applied.
These figures are only estimates, and your own solar costs may differ based on the amount of energy your home requires and what company you want to go with. Many homeowners find adopting solar power is a solid investment. The average homeowner in Redstone can save about $11,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar company in Redstone for a quote for your home.
Solar savings over time in Redstone
| Year | Return on Investment |
|---|---|
| 1 years | $-11,689 |
| 3 years | $-10,005 |
| 5 years | $-8,322 |
| 7 years | $-6,638 |
| 9 years | $-4,955 |
| 11 years | $-3,271 |
| 13 years | $-1,588 |
| 15 years | $96 |
| 17 years | $1,779 |
| 19 years | $3,463 |
| 21 years | $5,146 |
| 23 years | $6,830 |
| 25 years | $8,513 |
Top Solar Installers in Redstone
Installing solar panels on your own can be a difficult project, which is why getting a solar installer is a good option for many homeowners. Companies can also have access to quality options of the best solar panels and help you choose which one will be right for your home.
There are several licensed solar professionals that can take care of your solar installation project. 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 Redstone
Factors that Affect Solar Panel Costs in Redstone
There are several criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most important 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 consumes, the larger your system will likely need to be. You can expect to pay about $2,550 per kilowatt in Redstone. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. Additionally, extra products, like solar batteries, can bring your total well above the Redstone average.
Solar Financing Terms
Most solar companies in Redstone have solar loans, which reduce the initial cost of installing solar panels. However, the interest on solar loans also adds to your all-in costs, so it's crucial to consider that 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
The solar installer you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Redstone, and each can charge varying amounts for labor and equipment. Additionally, some companies in Redstone know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. 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 | $2.65 | $11,138 | $6,835 | 15.5 years |
| 8 kW | $2.60 | $14,566 | $9,399 | 15.2 years |
| 10 kW | $2.55 | $17,850 | $12,106 | 14.9 years |
| 12 kW | $2.50 | $20,992 | $14,956 | 14.6 years |
| 14 kW | $2.45 | $23,990 | $17,948 | 14.3 years |
| 16 kW | $2.40 | $26,846 | $21,084 | 14.0 years |
| 18 kW | $2.35 | $29,560 | $24,362 | 13.7 years |
| 20 kW | $2.29 | $32,130 | $27,782 | 13.4 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: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Installation Process: When making the switch to solar, it's essential to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: The type of solar panel you'd like to install plays a role in which company you should opt for, since different companies have access to different panels.
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 Redstone, PA Solar Cost FAQs
How much does it cost to install solar panels in Redstone?
The average cost of solar panels in Redstone is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Redstone?
A solar panel system isn't free in Redstone, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Redstone?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last 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 larger 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.