Solar Panel Cost Guide in South Annville, PA (2023 Update)
- South Annville Solar Installation Cost: $11,870
- 25-Year Savings: $13,298
- Payback Period: 11.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in South Annville
Let's take a look at the average cost of solar panels in South Annville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in South Annville, the typical cost of a solar system is 2.55 per watt. To cover the typical energy needs of the average home in South Annville, most homeowners require a 6.7-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,870, or $16,974 before the federal solar tax credit of 30% is applied.
The true cost of your system can be higher or lower than the average in South Annville based on several factors, such as the brand of solar panels you choose and the solar installer you hire. With typical savings of about $14,000 on power bills over 20 years, many homeowners in South Annville find investing in solar has a decent ROI.
Click the button below to get connected to a highly rated solar company in South Annville for a customized quote.
Solar savings over time in South Annville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,864 |
| 3 years | $-8,850 |
| 5 years | $-6,837 |
| 7 years | $-4,823 |
| 9 years | $-2,810 |
| 11 years | $-796 |
| 13 years | $1,217 |
| 15 years | $3,231 |
| 17 years | $5,244 |
| 19 years | $7,258 |
| 21 years | $9,271 |
| 23 years | $11,285 |
| 25 years | $13,298 |
Top Solar Installers in South Annville
Many homeowners choose to hire a solar panel installer since trying to put up solar panels by yourself can be challenging. The expertise that solar installers provide can be helpful as well, particularly if you aren't sure what brand 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 panel company to go with, here are our recommendations for providers 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
See all of the solar companies in South Annville
Factors that Affect Solar Panel Costs in South Annville
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in South Annville: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like South Annville, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in South Annville, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies in South Annville, and each can charge different amounts for labor and equipment. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to 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 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 | $11,572 | 12.3 years |
| 8 kW | $2.60 | $14,566 | $15,714 | 12.0 years |
| 10 kW | $2.55 | $17,850 | $20,000 | 11.8 years |
| 12 kW | $2.50 | $20,992 | $24,428 | 11.6 years |
| 14 kW | $2.45 | $23,990 | $29,000 | 11.3 years |
| 16 kW | $2.40 | $26,846 | $33,714 | 11.1 years |
| 18 kW | $2.35 | $29,560 | $38,570 | 10.8 years |
| 20 kW | $2.29 | $32,130 | $43,570 | 10.6 years |
How to Save on Solar Panels
There are many companies to choose from in South Annville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Make sure you're aligned with the installer regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
- Reputation: Long-standing 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 quality aftercare and customer service, such as part repairs and replacements.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
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 Annville, PA Solar Cost FAQs
What is the average cost of installing solar panels in South Annville?
The average cost of solar panels in South Annville 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How will solar panels impact the value of my home?
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 Annville is currently $171,542, so you could be looking at a value of about $7,033 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in South Annville is a fruitful investment.
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 requires 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 house 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.