Solar Panel Cost Guide in South Abington, PA (2023 Update)
- South Abington Solar Installation Cost: $12,370
- 25-Year Savings: $15,085
- Payback Period: 11.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in South Abington
Find out what the average cost of a solar system is in South Abington.
Currently, the national average cost of solar panels is $2.66 per watt. However, in South Abington, the typical cost of solar panels is 2.55 per watt. The average South Abington homeowner needs a 6.9-kilowatt system, which would cost about $12,370 with the federal tax credit, or $17,689 before the 30% tax credit is applied.
The actual price you pay can be higher or lower than the average in South Abington based on a few factors, such as the type of solar panels you choose and the solar company you hire. For many homeowners, the upfront cost of solar power is worth paying. On average South Abington homeowners see about $15,000 in savings on energy bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a personalized quote.
Solar savings over time in South Abington
| Year | Return on Investment |
|---|---|
| 1 years | $-11,272 |
| 3 years | $-9,075 |
| 5 years | $-6,879 |
| 7 years | $-4,683 |
| 9 years | $-2,486 |
| 11 years | $-290 |
| 13 years | $1,907 |
| 15 years | $4,103 |
| 17 years | $6,299 |
| 19 years | $8,496 |
| 21 years | $10,692 |
| 23 years | $12,889 |
| 25 years | $15,085 |
Top Solar Installers in South Abington
Installing solar panels yourself can be a stressful undertaking, which is why getting a solar installer is a good option for many homeowners. The expertise that solar companies offer can be useful as well, particularly if you aren't sure what brand of solar equipment you need.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in South Abington:
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 South Abington
Factors that Affect Solar Panel Costs in South Abington
For many South Abington homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in South Abington, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,550. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
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 South Abington, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the growing popularity of green energy solutions in South Abington, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. The company's size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount 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 | $12,633 | 11.7 years |
| 8 kW | $2.60 | $14,566 | $17,129 | 11.5 years |
| 10 kW | $2.55 | $17,850 | $21,769 | 11.3 years |
| 12 kW | $2.50 | $20,992 | $26,551 | 11.0 years |
| 14 kW | $2.45 | $23,990 | $31,476 | 10.8 years |
| 16 kW | $2.40 | $26,846 | $36,543 | 10.6 years |
| 18 kW | $2.35 | $29,560 | $41,754 | 10.4 years |
| 20 kW | $2.29 | $32,130 | $47,107 | 10.1 years |
How to Save on Solar Panels
There are numerous companies to choose from in South Abington, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: Different companies carry various brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
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 South Abington, PA Solar Cost FAQs
What is the average cost of installing solar panels in South Abington?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
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 get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in South Abington?
Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably 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 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.