Solar Panel Cost Guide in Spring Garden, PA (2023 Update)
- Spring Garden Solar Installation Cost: $11,779
- 25-Year Savings: $14,657
- Payback Period: 11.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Spring Garden
Let's have a look at the average cost of solar in Spring Garden.
In Spring Garden, solar panels cost about 2.55 per watt on average. The average Spring Garden homeowner needs a 6.6-kilowatt system, which would cost about $11,781 with the federal tax credit, or $16,847 before the 30% tax credit is applied.
These figures are just averages, and your own solar costs will most likely differ based on your specific situation and what company you want to go with. For many homeowners, the upfront investment in solar is worth paying. On average homeowners in Spring Garden see about $15,000 in savings on electricity bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Spring Garden
| Year | Return on Investment |
|---|---|
| 1 years | $-11,691 |
| 3 years | $-11,515 |
| 5 years | $-11,338 |
| 7 years | $-11,162 |
| 9 years | $-10,986 |
| 11 years | $-10,810 |
| 13 years | $-10,634 |
| 15 years | $-10,457 |
| 17 years | $-10,281 |
| 19 years | $-10,105 |
| 21 years | $-9,929 |
| 23 years | $-9,752 |
| 25 years | $-9,576 |
Top Solar Installers in Spring Garden
Many homeowners decide to use a solar installer since figuring out how to install solar panels by yourself can be hard. Another upside of working with a solar installer is that they can help you make the most of your ROI by lowering your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
There are several licensed solar professionals that can install solar panels for you. 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
See all of the solar companies in Spring Garden
Factors that Affect Solar Panel Costs in Spring Garden
There are a number of criteria that can determine your total 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
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need 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 $2,550. The type of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to consider 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
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Spring Garden homeowners opt to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also increases your total costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you hire to install your solar panels can play a part in determining your pricing. Spring Garden's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Spring Garden have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $2.65 | $11,138 | $12,898 | 11.6 years |
| 8 kW | $2.60 | $14,566 | $17,483 | 11.4 years |
| 10 kW | $2.55 | $17,850 | $22,211 | 11.1 years |
| 12 kW | $2.50 | $20,992 | $27,081 | 10.9 years |
| 14 kW | $2.45 | $23,990 | $32,094 | 10.7 years |
| 16 kW | $2.40 | $26,846 | $37,250 | 10.5 years |
| 18 kW | $2.35 | $29,560 | $42,549 | 10.2 years |
| 20 kW | $2.29 | $32,130 | $47,991 | 10.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: If you're worried about the durability of your solar system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Before signing a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
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 Spring Garden, PA Solar Cost FAQs
What is the average cost of installing solar panels in Spring Garden?
The average cost of solar panels in Spring Garden is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Spring Garden?
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 home 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.
Is it worth going solar in Spring Garden?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.