Solar Panel Cost Guide in South Abington, PA (2024 Update)
- South Abington Solar Installation Cost: $17,221
- 25-Year Savings: $15,085
- Payback Period: 15.7 Years
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Average Cost of Solar Panels in South Abington
Here’s how much it might cost to install solar panels in South Abington.
The national average cost of solar panels is $2.66 per watt, but in South Abington it’s 4 per watt.The average solar panel system size in South Abington is around 6.9 kilowatts, meaning a cost of about $17,221 for a solar installation, or $24,626 before the 0 federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in South Abington depending on a few factors, such as the type of solar panels you choose and the solar contractor you hire.With average savings of about $15,000 on utility bills over 20 years, many homeowners in South Abington find investing in solar has a decent ROI.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in South Abington
Year | Return on Investment |
---|---|
1 years | $-15,809 |
3 years | $-12,986 |
5 years | $-10,163 |
7 years | $-7,340 |
9 years | $-4,517 |
11 years | $-1,694 |
13 years | $1,129 |
15 years | $3,952 |
17 years | $6,776 |
19 years | $9,599 |
21 years | $12,422 |
23 years | $15,245 |
25 years | $18,068 |
Top Solar Installers in South Abington
Although it's possible to install solar panels yourself, it takes extra effort and handiness. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
There are various 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in South Abington
Factors that Affect Solar Panel Costs in South Abington
The cost of installing a solar system in South Abington can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, 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 $3,550. The brand and type 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 can expect 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 raise the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also adds to your total costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in South Abington is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that provide a range of services for different budgets.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $8,265 | 16.3 years |
8 kW | $3.62 | $20,278 | $11,417 | 16.0 years |
10 kW | $3.55 | $24,850 | $14,769 | 15.7 years |
12 kW | $3.48 | $29,224 | $18,319 | 15.4 years |
14 kW | $3.41 | $33,398 | $22,068 | 15.1 years |
16 kW | $3.34 | $37,374 | $26,015 | 14.7 years |
18 kW | $3.27 | $41,152 | $30,162 | 14.4 years |
20 kW | $3.19 | $44,730 | $34,507 | 14.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The type of solar panel you’d like plays a role in which installer you should choose, 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's South Abington, PA Solar Cost FAQs
What is the average cost of installing solar panels in South Abington?
The average cost of solar panels in South Abington is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in South Abington?
You can’t get solar panels for free in South Abington. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will having solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in South Abington is currently $245,486, so you can look forward to a value of about $10,065 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in South Abington is a worthwhile investment.
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 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.