Solar Panel Cost Guide in Upper Yoder, PA (2023 Update)
- Upper Yoder Solar Installation Cost: $12,505
- 25-Year Savings: $14,260
- Payback Period: 11.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Upper Yoder
Find out what the average cost of installing solar panels is in Upper Yoder.
While the national average of solar panels is $2.66 per watt, solar panels in Upper Yoder typically cost about 2.55. The average solar panel system size in Upper Yoder is around 7.0 kilowatts, meaning a cost of about $12,513 for a solar installation, or $17,894 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Upper Yoder depending on a variety of factors, such as the brand of solar panels you choose and the solar company you hire. But, after you've paid the upfront cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $15,000 over 20 years on electricity bills.
Click the button below to get connected to a reputable solar company in Upper Yoder for a custom estimate.
Solar savings over time in Upper Yoder
| Year | Return on Investment |
|---|---|
| 1 years | $-12,416 |
| 3 years | $-12,237 |
| 5 years | $-12,059 |
| 7 years | $-11,880 |
| 9 years | $-11,702 |
| 11 years | $-11,523 |
| 13 years | $-11,345 |
| 15 years | $-11,166 |
| 17 years | $-10,988 |
| 19 years | $-10,810 |
| 21 years | $-10,631 |
| 23 years | $-10,453 |
| 25 years | $-10,274 |
Top Solar Installers in Upper Yoder
Although you can install solar panels on your own, it involves extra energy and handiness. Because of that, most people choose a solar panel installer. Plus, if you'd like to maximize your investment in solar energy, using a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
If you'd like to make the switch to solar but still aren't sure which solar system company 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
See all of the solar companies in Upper Yoder
Factors that Affect Solar Panel Costs in Upper Yoder
For many Upper Yoder homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Upper Yoder, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Upper Yoder average.
Solar Financing Terms
Most solar companies in Upper Yoder have 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 opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Upper Yoder are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $2.65 | $11,138 | $11,785 | 12.1 years |
| 8 kW | $2.60 | $14,566 | $15,999 | 11.9 years |
| 10 kW | $2.55 | $17,850 | $20,356 | 11.7 years |
| 12 kW | $2.50 | $20,992 | $24,855 | 11.4 years |
| 14 kW | $2.45 | $23,990 | $29,497 | 11.2 years |
| 16 kW | $2.40 | $26,846 | $34,282 | 11.0 years |
| 18 kW | $2.35 | $29,560 | $39,210 | 10.7 years |
| 20 kW | $2.29 | $32,130 | $44,281 | 10.5 years |
How to Save on Solar Panels
There are numerous companies to choose from in Upper Yoder, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: If you're worried about the durability of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before deciding.
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 Yoder, PA Solar Cost FAQs
What is the average cost of installing solar panels in Upper Yoder?
The average cost of solar panels in Upper Yoder is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Upper Yoder?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside 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.
Can solar panels significantly reduce my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Upper Yoder, 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 long do solar panels last in Upper Yoder?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.