Solar Panel Cost Guide in Walker, PA (2023 Update)
- Walker Solar Installation Cost: $12,513
- 25-Year Savings: $11,860
- Payback Period: 12.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Walker
We break down average solar pricing in Walker.
The average cost of solar panels in Walker is 2.55 per watt. The average solar panel system size in Walker 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.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of equipment you choose, your solar contractor and more. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Walker can save around $13,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Walker
| Year | Return on Investment |
|---|---|
| 1 years | $-11,538 |
| 3 years | $-9,588 |
| 5 years | $-7,638 |
| 7 years | $-5,688 |
| 9 years | $-3,739 |
| 11 years | $-1,789 |
| 13 years | $161 |
| 15 years | $2,111 |
| 17 years | $4,061 |
| 19 years | $6,011 |
| 21 years | $7,960 |
| 23 years | $9,910 |
| 25 years | $11,860 |
Top Solar Installers in Walker
When switching to solar energy, many homeowners decide to use a solar installer since handling can be a time-consuming project. The expertise that solar installers offer can be invaluable as well, especially if you don't quite know what kind of solar equipment you need.
If you're on the hunt for a solar company in Walker, we've organized 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 Walker
Factors that Affect Solar Panel Costs in Walker
There are several criteria that can determine your 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
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Walker. There are several different solar panel brands and the one you pick also changes the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you just 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 time, but they can also be a big investment. That's why many Walker homeowners opt to finance their solar panel systems to make paying for 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 how long it'll take to pay back the loan.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the growing popularity of renewable energy solutions in Walker, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and choose a company that has the products, warranties and services you're looking for and also fit into your budget.
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 | $9,727 | 13.3 years |
| 8 kW | $2.60 | $14,566 | $13,255 | 13.1 years |
| 10 kW | $2.55 | $17,850 | $16,926 | 12.8 years |
| 12 kW | $2.50 | $20,992 | $20,740 | 12.6 years |
| 14 kW | $2.45 | $23,990 | $24,696 | 12.3 years |
| 16 kW | $2.40 | $26,846 | $28,795 | 12.1 years |
| 18 kW | $2.35 | $29,560 | $33,037 | 11.8 years |
| 20 kW | $2.29 | $32,130 | $37,422 | 11.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can be tedious, 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.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
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 Walker, PA Solar Cost FAQs
What is the average cost of installing solar panels in Walker?
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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Walker is currently $193,656, which means you could be looking at a value of about $7,940 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Walker is a fruitful investment.
How long do solar panels last in Walker?
On average, the lifespan of solar panels is 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 higher 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.