Solar Panel Cost Guide in Upper Hanover, PA (2024 Update)
- Upper Hanover Solar Installation Cost: $16,365
- 25-Year Savings: $13,448
- Payback Period: 16.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Upper Hanover
Find out what the average cost of solar panels are in Upper Hanover.
Although the national average of solar panels is $2.66 per watt, solar panels in Upper Hanover typically cost about 4.Since a 6.6-kW system is needed to cover the energy needs of a typical home in Upper Hanover, the average price of going solar will be about $16,365 after claiming the federal solar tax credit of 0.
These figures are just estimates, and the cost of going solar for you will look different based on your energy needs and what company you want to go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Upper Hanover can save around $15,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Upper Hanover that can help you get a more accurate cost estimate for your home.
Solar savings over time in Upper Hanover
| Year | Return on Investment |
|---|---|
| 1 years | $-15,101 |
| 3 years | $-12,574 |
| 5 years | $-10,047 |
| 7 years | $-7,520 |
| 9 years | $-4,993 |
| 11 years | $-2,466 |
| 13 years | $61 |
| 15 years | $2,588 |
| 17 years | $5,115 |
| 19 years | $7,642 |
| 21 years | $10,169 |
| 23 years | $12,696 |
| 25 years | $15,223 |
Top Solar Installers in Upper Hanover
When going solar, many homeowners prefer to hire a solar installer since installing a solar system yourself can be a challenging project. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for your family.
If you’d like to start using solar energy but still aren’t certain which solar installer to go with, here are our recommendations for providers nearby:
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
See all of the solar companies in Upper Hanover
Factors that Affect Solar Panel Costs in Upper Hanover
The cost of installing a solar system in Upper Hanover can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.There are many different solar panel brands and the one you pick also changes the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install 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
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Upper Hanover homeowners choose to finance their solar panel systems to make going solar more affordable.However, the interest on solar loans also increases your total costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can impact how much it costs. Upper Hanover’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car 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 | $7,456 | 16.9 years |
| 8 kW | $3.62 | $20,278 | $10,339 | 16.6 years |
| 10 kW | $3.55 | $24,850 | $13,421 | 16.2 years |
| 12 kW | $3.48 | $29,224 | $16,702 | 15.9 years |
| 14 kW | $3.41 | $33,398 | $20,181 | 15.6 years |
| 16 kW | $3.34 | $37,374 | $23,860 | 15.3 years |
| 18 kW | $3.27 | $41,152 | $27,737 | 14.9 years |
| 20 kW | $3.19 | $44,730 | $31,812 | 14.6 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
- 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 system is installed, such as updating your electrical system or roof.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
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
EcoWatch's Upper Hanover, PA Solar Cost FAQs
How much does it cost to install solar panels in Upper Hanover?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Upper Hanover?
You can’t get solar panels for free in Upper Hanover. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $765.42 per year.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.