Solar Panel Cost Guide in Upper Mount Bethel, PA (2024 Update)
- Upper Mount Bethel Solar Installation Cost: $16,665
- 25-Year Savings: $13,627
- Payback Period: 16.3 Years
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Average Cost of Solar Panels in Upper Mount Bethel
Here’s how much it might cost to install solar panels in Upper Mount Bethel.
The average cost of solar panels in Upper Mount Bethel is 4 per watt.To account for the typical energy usage of the average home in Upper Mount Bethel, most homeowners require a 6.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $16,665, or $23,831 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of solar system you want to get, your solar contractor and more.Many homeowners find going solar is a solid investment. The average homeowner in Upper Mount Bethel can save around $15,000 on their energy bills over 20 years.
Click the button below to get connected to a reputable solar panel company in Upper Mount Bethel for a customized estimate.
Solar savings over time in Upper Mount Bethel
Year | Return on Investment |
---|---|
1 years | $-15,422 |
3 years | $-12,936 |
5 years | $-10,450 |
7 years | $-7,964 |
9 years | $-5,478 |
11 years | $-2,992 |
13 years | $-506 |
15 years | $1,980 |
17 years | $4,466 |
19 years | $6,952 |
21 years | $9,438 |
23 years | $11,923 |
25 years | $14,409 |
Top Solar Installers in Upper Mount Bethel
Although it's possible to install solar panels by yourself, it requires extra labor and expertise. Because of that, most homeowners choose to go with a solar panel installer. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance in the long run.
If you’d like to start using solar energy but still aren’t sure which solar panel company to go with, here are our recommendations for providers near you:
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 Upper Mount Bethel
Factors that Affect Solar Panel Costs in Upper Mount Bethel
Though the average cost of a solar system in Upper Mount Bethel is $16,665, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require 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 $3,550.There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you’re looking 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 energy bills over time, but they can also be a significant investment. That’s why many Upper Mount Bethel homeowners choose to finance their solar panel systems to make going solar more affordable.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The final major cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Upper Mount Bethel, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Upper Mount Bethel have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $3.69 | $15,506 | $7,395 | 16.9 years |
8 kW | $3.62 | $20,278 | $10,258 | 16.6 years |
10 kW | $3.55 | $24,850 | $13,319 | 16.3 years |
12 kW | $3.48 | $29,224 | $16,579 | 16.0 years |
14 kW | $3.41 | $33,398 | $20,038 | 15.6 years |
16 kW | $3.34 | $37,374 | $23,696 | 15.3 years |
18 kW | $3.27 | $41,152 | $27,553 | 15.0 years |
20 kW | $3.19 | $44,730 | $31,608 | 14.6 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 brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: If you’re concerned about the endurance of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: The brand of solar panel you need to get plays a role in which company you should go with, since different companies provide different panels.
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 Upper Mount Bethel, PA Solar Cost FAQs
What is the average cost of installing solar panels in Upper Mount Bethel?
The average cost of solar panels in Upper Mount Bethel is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Upper Mount Bethel?
Solar panels aren’t free in Upper Mount Bethel, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Do solar panels increase your property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs 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.