Solar Panel Cost Guide in Swoyersville, PA (2023 Update)
- Swoyersville Solar Installation Cost: $12,406
- 25-Year Savings: $8,802
- Payback Period: 14.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Swoyersville
Let's take a look at the average cost of solar in Swoyersville.
The national average cost of solar panels is $2.66 per watt, but in Swoyersville it's 2.55 per watt. The average solar panel system size in Swoyersville is around 7.0 kilowatts, meaning a cost of about $12,406 for a solar installation, or $17,741 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy use, the type of solar panels you want, your solar contractor and more. Despite the significant initial cost, the average Swoyersville homeowner can save about $12,000 on their power bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a reputable solar installer in Swoyersville for a personalized quote.
Solar savings over time in Swoyersville
| Year | Return on Investment |
|---|---|
| 1 years | $-11,557 |
| 3 years | $-9,861 |
| 5 years | $-8,164 |
| 7 years | $-6,467 |
| 9 years | $-4,771 |
| 11 years | $-3,074 |
| 13 years | $-1,377 |
| 15 years | $319 |
| 17 years | $2,016 |
| 19 years | $3,713 |
| 21 years | $5,409 |
| 23 years | $7,106 |
| 25 years | $8,802 |
Top Solar Installers in Swoyersville
Although it's possible to install solar panels by yourself, it requires extra time and know-how. Because of that, the majority of 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 because of their warranties, repair services and expert design.
If you're searching for a solar installer in Swoyersville, we've 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 Swoyersville
Factors that Affect Solar Panel Costs in Swoyersville
The cost of installing a solar system in Swoyersville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
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 that have greater efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Swoyersville have solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also increases your total costs, so it's important to keep that in mind as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Swoyersville is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you'll have many options for solar installers that provide a range of services for different budgets. Additionally, some companies in Swoyersville are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $7,177 | 15.2 years |
| 8 kW | $2.60 | $14,566 | $9,855 | 14.9 years |
| 10 kW | $2.55 | $17,850 | $12,676 | 14.6 years |
| 12 kW | $2.50 | $20,992 | $15,640 | 14.3 years |
| 14 kW | $2.45 | $23,990 | $18,746 | 14.0 years |
| 16 kW | $2.40 | $26,846 | $21,995 | 13.7 years |
| 18 kW | $2.35 | $29,560 | $25,387 | 13.4 years |
| 20 kW | $2.29 | $32,130 | $28,922 | 13.2 years |
How to Save on Solar Panels
The solar company you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- Installation Process: When making the switch to solar power, it's necessary to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of options before deciding.
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 Swoyersville, PA Solar Cost FAQs
What is the average cost of installing solar panels in Swoyersville?
The average cost of solar panels in Swoyersville is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Swoyersville?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.