Solar Panel Cost Guide in South Fayette, PA (2024 Update)
- South Fayette Solar Installation Cost: $17,320
- 25-Year Savings: $11,492
- Payback Period: 18.1 Years
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Average Cost of Solar Panels in South Fayette
We break down average solar pricing in South Fayette.
The national average cost of solar panels is $2.66 per watt, but in South Fayette it’s 4 per watt.To account for the typical energy usage of the average home in South Fayette, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $17,320, or $24,768 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average South Fayette homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.For many homeowners, the upfront investment in solar is worth paying. On average South Fayette homeowners see about $13,000 in savings on utility bills over 20 years.
Click the button below to get connected to a reputable solar company in South Fayette for a personalized quote.
Solar savings over time in South Fayette
Year | Return on Investment |
---|---|
1 years | $-15,960 |
3 years | $-13,241 |
5 years | $-10,521 |
7 years | $-7,801 |
9 years | $-5,081 |
11 years | $-2,361 |
13 years | $358 |
15 years | $3,078 |
17 years | $5,798 |
19 years | $8,518 |
21 years | $11,238 |
23 years | $13,958 |
25 years | $16,677 |
Top Solar Installers in South Fayette
Although you can install solar panels on your own, it requires extra effort and knowledge. That's why most homeowners choose to go with a solar panel installer. Another great thing about going with a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
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 Fayette
Factors that Affect Solar Panel Costs in South Fayette
There are a number of factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the price of a solar energy system in South Fayette, 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 about $3,550 for each additional kilowatt you need.The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many South Fayette homeowners decide to finance their solar panel systems to make going 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’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you choose will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in South Fayette have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $5,097 | 18.8 years |
8 kW | $3.62 | $20,278 | $7,193 | 18.5 years |
10 kW | $3.55 | $24,850 | $9,488 | 18.1 years |
12 kW | $3.48 | $29,224 | $11,982 | 17.7 years |
14 kW | $3.41 | $33,398 | $14,675 | 17.4 years |
16 kW | $3.34 | $37,374 | $17,567 | 17.0 years |
18 kW | $3.27 | $41,152 | $20,657 | 16.6 years |
20 kW | $3.19 | $44,730 | $23,947 | 16.3 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 a tough decision, we have some tips to help you, such as:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- 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.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely 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
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 Fayette, PA Solar Cost FAQs
What is the average cost of installing solar panels in South Fayette?
The average cost of solar panels in South Fayette is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in South Fayette?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $686.77 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.