Solar Panel Cost Guide in Slatington, PA (Mar 2023)
- Slatington Solar Installation Cost: $11,924
- 25-Year Savings: $12,387
- Payback Period: 12.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Slatington
Let's take a look at the average cost of solar panels in Slatington.
Although the national average of solar panels is $2.66 per watt, solar panels in Slatington generally cost about 2.55. Because a 6.7-kW system is needed to cover the energy needs of a typical home in Slatington, the average price of going solar will be about $11,924 after claiming the federal solar tax credit of 30%.
These figures are just averages, and how much solar costs for you will most likely look different based on your energy needs and what company you want to go with. For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $14,000 in savings on energy bills over 20 years.
To get a free quote from a highly rated solar company in Slatington, you can click the button below.
Solar savings over time in Slatington
| 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 Slatington
Installing solar panels yourself can be a difficult task, which is why hiring a solar installation company is a good option for many homeowners. Another advantage of using a solar company is that they can help you maximize your ROI by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Slatington
Factors that Affect Solar Panel Costs in Slatington
There are several criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the price of a solar energy system in Slatington, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. The brand and kind of equipment you get for your solar system can increase or decrease 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Slatington, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Slatington, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and decide on the company that has the products, warranties and services you want and also fits within your budget.
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
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Look through the contract terms closely to make sure you understand the overall cost, project timeline incentives and warranties.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Slatington, PA Solar Cost FAQs
What is the average cost of installing solar panels in Slatington?
The average cost of solar panels in Slatington 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 stuff like the type 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 Slatington?
Leasing solar panels can be an attractive choice, as it typically 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Can you sell solar power back to the grid in Slatington?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Though 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 choose to 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.