Solar Panel Cost Guide in Sugarcreek, PA (2023 Update)
- Sugarcreek Solar Installation Cost: $12,717
- 25-Year Savings: $19,227
- Payback Period: 10.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Sugarcreek
We go over average solar pricing in Sugarcreek.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sugarcreek, the typical cost of a solar system is 2.55 per watt. The average Sugarcreek homeowner needs a 7.1-kilowatt system, which would cost about $12,709 with the federal tax credit, or $18,174 before the 30% tax credit is applied.
These figures are only estimates, and how much solar costs for you will differ based on your specific situation and what company you want to go with. Many homeowners find installing solar panels is a sound investment. The average homeowner in Sugarcreek can save about $17,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar company in Sugarcreek for a quote for your home.
Solar savings over time in Sugarcreek
| Year | Return on Investment |
|---|---|
| 1 years | $-12,611 |
| 3 years | $-12,398 |
| 5 years | $-12,185 |
| 7 years | $-11,972 |
| 9 years | $-11,759 |
| 11 years | $-11,546 |
| 13 years | $-11,333 |
| 15 years | $-11,120 |
| 17 years | $-10,907 |
| 19 years | $-10,694 |
| 21 years | $-10,481 |
| 23 years | $-10,268 |
| 25 years | $-10,055 |
Top Solar Installers in Sugarcreek
When switching to solar energy, many homeowners choose to go with a solar company since DIY solar panel installation can be a difficult project. The expertise that solar installers offer can be invaluable as well, particularly if you don't quite know what brand of solar equipment you need.
If you're searching for a solar installer in Sugarcreek, the EcoWatch team has compiled a list of our top suggestions here:
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 Sugarcreek
Factors that Affect Solar Panel Costs in Sugarcreek
There are a number of factors that can determine your solar panel 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 a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better 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. There are several different solar panel brands and the one you pick also changes the cost. Generally, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable choice because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Sugarcreek is the company you choose to install your PV system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services for different budgets. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and go with the company that has the products, warranties and services you're looking for and also fits within your budget.
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 | $15,764 | 10.4 years |
| 8 kW | $2.60 | $14,566 | $21,304 | 10.2 years |
| 10 kW | $2.55 | $17,850 | $26,987 | 10.0 years |
| 12 kW | $2.50 | $20,992 | $32,812 | 9.8 years |
| 14 kW | $2.45 | $23,990 | $38,781 | 9.6 years |
| 16 kW | $2.40 | $26,846 | $44,892 | 9.4 years |
| 18 kW | $2.35 | $29,560 | $51,146 | 9.2 years |
| 20 kW | $2.29 | $32,130 | $57,543 | 9.0 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Installation Process: When going solar, it's important to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project timeline.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
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 Sugarcreek, PA Solar Cost FAQs
How much does it cost to install solar panels in Sugarcreek?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Sugarcreek?
Leasing solar panels can be an option if you can't 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 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 financial benefits from going solar.
Is going solar worth it?
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 pretty low, solar panels might not be for you.
How long do solar panels last in Sugarcreek?
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 decide to replace them after having them for that long or you can keep using 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.