Solar Panel Cost Guide in Tyrone, PA (2023 Update)
- Tyrone Solar Installation Cost: $12,334
- 25-Year Savings: $15,210
- Payback Period: 11.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Tyrone
See how much it might cost to go solar in Tyrone.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Tyrone, the average cost of solar panels is 2.55 per watt. Using this figure, a typical 6.9-kW system would cost about $12,334 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Tyrone homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Even with the high initial cost, the average Tyrone homeowner can save about $15,000 on their power bills over 20 years, which is one of the positives of solar.
To receive a free quote from a top solar installer in Tyrone, you can click the button below.
Solar savings over time in Tyrone
| Year | Return on Investment |
|---|---|
| 1 years | $-11,233 |
| 3 years | $-9,029 |
| 5 years | $-6,825 |
| 7 years | $-4,622 |
| 9 years | $-2,418 |
| 11 years | $-215 |
| 13 years | $1,989 |
| 15 years | $4,192 |
| 17 years | $6,396 |
| 19 years | $8,599 |
| 21 years | $10,803 |
| 23 years | $13,007 |
| 25 years | $15,210 |
Top Solar Installers in Tyrone
When going solar, many homeowners choose to hire a solar company since putting up solar panels yourself can be a challenging project. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
If you're searching for a solar installer in Tyrone, the EcoWatch team has put together 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 Tyrone
Factors that Affect Solar Panel Costs in Tyrone
There are many factors that can play into 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 size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,550. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Tyrone average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Tyrone, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can play a part in determining your pricing. Tyrone's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $12,764 | 11.6 years |
| 8 kW | $2.60 | $14,566 | $17,305 | 11.4 years |
| 10 kW | $2.55 | $17,850 | $21,988 | 11.2 years |
| 12 kW | $2.50 | $20,992 | $26,814 | 11.0 years |
| 14 kW | $2.45 | $23,990 | $31,782 | 10.8 years |
| 16 kW | $2.40 | $26,846 | $36,894 | 10.5 years |
| 18 kW | $2.35 | $29,560 | $42,148 | 10.3 years |
| 20 kW | $2.29 | $32,130 | $47,545 | 10.1 years |
How to Save on Solar Panels
The solar installer you go with will influence 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 a few important things you should take into account, such as:
- Solar Panel Brands: Different companies offer various brands and models of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.
- Installation Process: When going solar, it's necessary to keep an open line of communication with your solar company. Make sure you understand how the installation process will go and the project timeline.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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 Tyrone, PA Solar Cost FAQs
How much does it cost to install solar panels in Tyrone?
This is a tough question to answer exactly, because the cost depends on a few different 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 additional solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Tyrone, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires 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 house 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.