Solar Panel Cost Guide in Steelton, PA (2023 Update)
- Steelton Solar Installation Cost: $11,995
- 25-Year Savings: $12,959
- Payback Period: 12.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Steelton
We break down average solar pricing in Steelton.
While the national average of solar panels is $2.66 per watt, solar panels in Steelton generally cost about 2.55. Because a 6.7-kW system is needed to cover the energy usage of a typical home in Steelton, the average price of going solar will be about $11,995 after claiming the federal solar tax credit of 30%.
The true cost of your system can go higher or lower than the average in Steelton depending on a few factors, such as the model of solar panels you choose and the solar installer you hire. Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Steelton can save about $14,000 on their electricity bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Steelton
| Year | Return on Investment |
|---|---|
| 1 years | $-10,997 |
| 3 years | $-9,001 |
| 5 years | $-7,004 |
| 7 years | $-5,008 |
| 9 years | $-3,012 |
| 11 years | $-1,015 |
| 13 years | $981 |
| 15 years | $2,977 |
| 17 years | $4,974 |
| 19 years | $6,970 |
| 21 years | $8,966 |
| 23 years | $10,962 |
| 25 years | $12,959 |
Top Solar Installers in Steelton
Although it's possible to install solar panels yourself, it requires extra time and know-how. That's why most homeowners choose to go with a solar panel installer. Also, companies with a good reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
There are various 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 Steelton
Factors that Affect Solar Panel Costs in Steelton
While the average cost of a solar system in Steelton is $11,995, your final cost may differ. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That's why it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. There are a lot of different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Steelton offer solar loans, which reduce your upfront costs of installing solar. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar panel installer you select will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Steelton are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, 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 | $11,154 | 12.5 years |
| 8 kW | $2.60 | $14,566 | $15,157 | 12.3 years |
| 10 kW | $2.55 | $17,850 | $19,303 | 12.0 years |
| 12 kW | $2.50 | $20,992 | $23,592 | 11.8 years |
| 14 kW | $2.45 | $23,990 | $28,024 | 11.5 years |
| 16 kW | $2.40 | $26,846 | $32,599 | 11.3 years |
| 18 kW | $2.35 | $29,560 | $37,316 | 11.1 years |
| 20 kW | $2.29 | $32,130 | $42,177 | 10.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- 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 large role in the company you opt for.
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 Steelton, PA Solar Cost FAQs
What is the average cost of installing solar panels in Steelton?
This is a tough question to answer precisely, because the cost depends on a variety of 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Steelton?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
How much can I save on power bills after installing solar panels?
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 $743.07 per year.
How many solar panels do I need to power 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 household 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.