Solar Panel Cost Guide in Upper Mount Bethel, PA (2023 Update)
- Upper Mount Bethel Solar Installation Cost: $11,971
- 25-Year Savings: $13,627
- Payback Period: 11.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Upper Mount Bethel
Find out what the average cost of solar panels are in Upper Mount Bethel.
The national average cost of solar panels is $2.66 per watt, but in Upper Mount Bethel it's 2.55 per watt. Because a 6.7-kW system is needed to cover the energy needs of a typical home in Upper Mount Bethel, the average price of going solar will be about $11,977 after claiming the federal solar tax credit of 30%.
These figures are only averages, and the cost of going solar for you will most likely look different based on your specific situation and what company you choose to go with. Despite the high upfront cost, the average Upper Mount Bethel homeowner can save about $15,000 on their power bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a reputable solar installer in Upper Mount Bethel for a personalized quote.
Solar savings over time in Upper Mount Bethel
Year | Return on Investment |
---|---|
1 years | $-10,728 |
3 years | $-8,242 |
5 years | $-5,756 |
7 years | $-3,270 |
9 years | $-784 |
11 years | $1,702 |
13 years | $4,188 |
15 years | $6,674 |
17 years | $9,160 |
19 years | $11,646 |
21 years | $14,132 |
23 years | $16,618 |
25 years | $19,104 |
Top Solar Installers in Upper Mount Bethel
Many homeowners decide to use a solar installer since trying to install solar panels yourself can be a lot of work. Also, if you'd like to maximize your investment in solar power, going with a solar company can help with that too. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
There are a number of licensed solar professionals that can take care of your solar installation project. 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
See all of the solar companies in Upper Mount Bethel
Factors that Affect Solar Panel Costs in Upper Mount Bethel
For many Upper Mount Bethel homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Upper Mount Bethel, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Upper Mount Bethel, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 more savings over time. Plus, 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 Upper Mount Bethel offer solar loans, which reduce your upfront costs of installing solar. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Upper Mount Bethel is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services at different costs. 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 access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $2.65 | $11,138 | $11,763 | 12.2 years |
8 kW | $2.60 | $14,566 | $15,970 | 11.9 years |
10 kW | $2.55 | $17,850 | $20,319 | 11.7 years |
12 kW | $2.50 | $20,992 | $24,811 | 11.5 years |
14 kW | $2.45 | $23,990 | $29,446 | 11.2 years |
16 kW | $2.40 | $26,846 | $34,224 | 11.0 years |
18 kW | $2.35 | $29,560 | $39,145 | 10.8 years |
20 kW | $2.29 | $32,130 | $44,208 | 10.5 years |
How to Save on Solar Panels
There are numerous companies available in Upper Mount Bethel, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: If you're concerned about the durability of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Contract: Before signing a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
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 Upper Mount Bethel, PA Solar Cost FAQs
How much does it cost to install solar panels in Upper Mount Bethel?
This is a tough question to answer precisely, because the cost depends on a variety of 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. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out how many solar panels 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 typically produce about 250 to 400 watt-hours per hour, the average household 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.