Solar Panel Cost Guide in Tyrone, PA (2024 Update)
- Tyrone Solar Installation Cost: $17,182
- 25-Year Savings: $15,203
- Payback Period: 15.6 Years
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Average Cost of Solar Panels in Tyrone
Let’s have a look at the average cost of solar in Tyrone.
The average cost of a solar panel system in Tyrone is 4 per watt.The average Tyrone homeowner needs a 6.9-kilowatt system, which would cost about $17,182 with the federal tax credit, or $24,570 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar system you want, your solar contractor and more.Despite the significant initial cost, the average Tyrone homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To get a free quote from a vetted solar installer in Tyrone, you can click the button below.
Solar savings over time in Tyrone
| Year | Return on Investment |
|---|---|
| 1 years | $-15,704 |
| 3 years | $-12,749 |
| 5 years | $-9,794 |
| 7 years | $-6,839 |
| 9 years | $-3,884 |
| 11 years | $-929 |
| 13 years | $2,025 |
| 15 years | $4,980 |
| 17 years | $7,935 |
| 19 years | $10,890 |
| 21 years | $13,845 |
| 23 years | $16,800 |
| 25 years | $19,755 |
Top Solar Installers in Tyrone
When making the switch to solar, many homeowners choose to go with a solar installer since overseeing your solar installation yourself can be a difficult project. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
There are several licensed solar professionals that can help you install your solar system. 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Tyrone
Factors that Affect Solar Panel Costs in Tyrone
For many Tyrone homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Tyrone, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.There are a lot of different solar panel brands and the one you choose also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you want to install 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 installers in Tyrone provide solar loans, which reduce the initial cost of installing a solar system.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Tyrone, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $8,396 | 16.2 years |
| 8 kW | $3.62 | $20,278 | $11,593 | 15.9 years |
| 10 kW | $3.55 | $24,850 | $14,988 | 15.6 years |
| 12 kW | $3.48 | $29,224 | $18,582 | 15.3 years |
| 14 kW | $3.41 | $33,398 | $22,374 | 15.0 years |
| 16 kW | $3.34 | $37,374 | $26,366 | 14.7 years |
| 18 kW | $3.27 | $41,152 | $30,556 | 14.3 years |
| 20 kW | $3.19 | $44,730 | $34,945 | 14.0 years |
How to Save on Solar Panels
The solar installer you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Contract: When reading through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: If you’re concerned about the endurance of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Tyrone, PA Solar Cost FAQs
How much does it cost to install solar panels in Tyrone?
The average cost of solar panels in Tyrone is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff 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 Tyrone?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The drawback 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 way to go if you want to get the most savings.
How will having solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Tyrone is currently $177,701, which means you can look forward to a value of about $7,286 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Tyrone is a worthwhile investment.
How many solar panels do I need to power my home?
To figure out what solar panel system size 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 home 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.