Solar Panel Cost Guide in Slatington, PA (2023 Update)
- Slatington Solar Installation Cost: $16,591
- 25-Year Savings: $12,393
- Payback Period: 17.1 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Slatington
Find out how much it might cost to switch to solar power in Slatington.
Although the national average of solar panels is $2.66 per watt, solar panels in Slatington generally cost around 4.Because a 6.7-kW system is needed to cover the energy usage of a typical home in Slatington, the average price of going solar will be about $16,591 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy usage and what installation company you go with.But, after you've paid the upfront cost of installation, the savings for most homeowners is usually good, with a net average savings of about $14,000 over 20 years on energy bills.
Click the button below to get connected to a highly rated solar panel company in Slatington for a customized estimate.
Solar savings over time in Slatington
| Year | Return on Investment |
|---|---|
| 1 years | $-15,246 |
| 3 years | $-12,555 |
| 5 years | $-9,863 |
| 7 years | $-7,172 |
| 9 years | $-4,481 |
| 11 years | $-1,790 |
| 13 years | $901 |
| 15 years | $3,593 |
| 17 years | $6,284 |
| 19 years | $8,975 |
| 21 years | $11,666 |
| 23 years | $14,357 |
| 25 years | $17,049 |
Top Solar Installers in Slatington
Many homeowners opt for a solar panel company since trying to install solar panels on your own can be a lot of work. The expertise that solar companies provide can be helpful as well, especially if you aren’t sure what kind of solar equipment would be right for your home.
If you’d like to make the switch to solar but still aren’t certain which solar system 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 Slatington
Factors that Affect Solar Panel Costs in Slatington
The cost of installing a solar system in Slatington can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant 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
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,550.The model of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Slatington, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable.Even though solar loans make switching to solar energy more accessible for Slatington homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Slatington is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for example, you’ll have many options for solar installers that provide a range of services for different budgets.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and decide on the company that offers the products, warranties and services you’re looking for and also is 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 | $3.69 | $15,506 | $6,341 | 17.7 years |
| 8 kW | $3.62 | $20,278 | $8,852 | 17.4 years |
| 10 kW | $3.55 | $24,850 | $11,562 | 17.1 years |
| 12 kW | $3.48 | $29,224 | $14,470 | 16.7 years |
| 14 kW | $3.41 | $33,398 | $17,578 | 16.4 years |
| 16 kW | $3.34 | $37,374 | $20,884 | 16.0 years |
| 18 kW | $3.27 | $41,152 | $24,389 | 15.7 years |
| 20 kW | $3.19 | $44,730 | $28,093 | 15.4 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 find the right company for you, here are some tips to keep in mind:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
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 Slatington, PA Solar Cost FAQs
What is the average cost of installing solar panels in Slatington?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Slatington?
Leasing solar panels can be an appealing choice, because it commonly 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.
How much can I save on power bills after switching to solar?
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 $728.23 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.