Solar Panel Cost Guide in Salisbury, PA (2023 Update)
- Salisbury Solar Installation Cost: $11,924
- 25-Year Savings: $12,387
- Payback Period: 12.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Salisbury
Let's take a look at the average cost of solar panels in Salisbury.
Although the national average of solar panels is $2.66 per watt, solar panels in Salisbury generally cost about 2.55. To account for the typical energy usage of the average home in Salisbury, most homeowners require a 6.7-kilowatt system. Using the figure above, a solar installation costs about $11,924, or $17,051 before the federal solar tax credit of 30% is applied.
How much you pay can go above or below the average in Salisbury depending on several factors, such as the type of solar panels you choose and the solar company you hire. With average savings of about $14,000 on power bills over 20 years, many homeowners in Salisbury find installing solar panels can pay off big.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Salisbury
| Year | Return on Investment |
|---|---|
| 1 years | $-10,951 |
| 3 years | $-9,007 |
| 5 years | $-7,062 |
| 7 years | $-5,117 |
| 9 years | $-3,172 |
| 11 years | $-1,227 |
| 13 years | $718 |
| 15 years | $2,663 |
| 17 years | $4,608 |
| 19 years | $6,552 |
| 21 years | $8,497 |
| 23 years | $10,442 |
| 25 years | $12,387 |
Top Solar Installers in Salisbury
Although you can install solar panels on your own, it involves extra time and expertise. Because of that, almost all homeowners choose to go with a solar panel installer. Plus, if you'd like to maximize your investment in solar energy, going with a solar installer can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives.
If you'd like to switch to solar energy but still aren't sure which solar panel company to go with, here are our recommendations 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
See all of the solar companies in Salisbury
Factors that Affect Solar Panel Costs in Salisbury
The cost of installing a solar system in Salisbury can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,550. There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Salisbury to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time because of 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 reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Salisbury, and each can charge varying amounts for labor and equipment. The company's size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better 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 promotion can bring their pricing down 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 | $10,709 | 12.7 years |
| 8 kW | $2.60 | $14,566 | $14,564 | 12.5 years |
| 10 kW | $2.55 | $17,850 | $18,562 | 12.3 years |
| 12 kW | $2.50 | $20,992 | $22,702 | 12.0 years |
| 14 kW | $2.45 | $23,990 | $26,986 | 11.8 years |
| 16 kW | $2.40 | $26,846 | $31,412 | 11.5 years |
| 18 kW | $2.35 | $29,560 | $35,981 | 11.3 years |
| 20 kW | $2.29 | $32,130 | $40,693 | 11.0 years |
How to Save on Solar Panels
The solar panel company you go with will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although there are many options for which kind 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 making your decision.
- Warranty: If you care about the durability of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
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 Salisbury, PA Solar Cost FAQs
How much does it cost to install solar panels in Salisbury?
The average cost of solar panels in Salisbury 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Salisbury?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $728.23 per year.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.