Solar Panel Cost Guide in Springdale, PA (2023 Update)
- Springdale Solar Installation Cost: $12,441
- 25-Year Savings: $12,938
- Payback Period: 12.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Springdale
We go over average solar pricing in Springdale.
The average cost of a solar system in Springdale is 2.55 per watt. Because a 7.0-kW system is needed to cover the energy consumption of a typical home in Springdale, the average price of going solar will be about $12,441 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy use, the type of equipment you want, your solar contractor and more. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Springdale can save about $14,000 on their power bills over 20 years.
To receive a free quote from a vetted solar installer in Springdale, you can click the button below.
Solar savings over time in Springdale
| Year | Return on Investment |
|---|---|
| 1 years | $-11,426 |
| 3 years | $-9,396 |
| 5 years | $-7,366 |
| 7 years | $-5,335 |
| 9 years | $-3,305 |
| 11 years | $-1,275 |
| 13 years | $756 |
| 15 years | $2,786 |
| 17 years | $4,816 |
| 19 years | $6,847 |
| 21 years | $8,877 |
| 23 years | $10,907 |
| 25 years | $12,938 |
Top Solar Installers in Springdale
Although it's possible to install solar panels on your own, it takes extra time and handiness. Because of that, most homeowners choose to hire a solar panel installer. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be right for you.
If you'd like to switch to solar energy but still aren't sure which solar installer to go with, here are our recommendations for providers in Springdale:
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 Springdale
Factors that Affect Solar Panel Costs in Springdale
Though the average cost of a solar system in Springdale is $12,441, your actual cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar panel system in Springdale, 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 figure out by looking at past power bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. The brand and kind of equipment you choose for your solar system can raise or lower 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 limited roof space or just want maximum energy production, you can expect 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 power bills over time, but they can also be a significant investment. That's why many Springdale homeowners decide to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's vital to keep that in mind as well. You can always bring down 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 Springdale is the company you get to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that offer a range of services for different budgets. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $10,709 | 12.7 years |
| 8 kW | $2.60 | $14,566 | $14,564 | 12.5 years |
| 10 kW | $2.55 | $17,850 | $18,562 | 12.3 years |
| 12 kW | $2.50 | $20,992 | $22,702 | 12.0 years |
| 14 kW | $2.45 | $23,990 | $26,986 | 11.8 years |
| 16 kW | $2.40 | $26,846 | $31,412 | 11.5 years |
| 18 kW | $2.35 | $29,560 | $35,981 | 11.3 years |
| 20 kW | $2.29 | $32,130 | $40,693 | 11.0 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- Reputation: Companies that have been operating for many years 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 service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
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 Springdale, PA Solar Cost FAQs
What is the average cost of installing solar panels in Springdale?
The average cost of solar panels in Springdale 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Springdale?
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 don't have access to 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 financial benefits from going solar.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
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 should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can 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.