Solar Panel Cost Guide in Wellsboro, PA (2023 Update)
- Wellsboro Solar Installation Cost: $12,656
- 25-Year Savings: $21,099
- Payback Period: 9.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Wellsboro
Here's how much it might cost to switch to solar power in Wellsboro.
In Wellsboro, solar panels cost about 2.55 per watt on average. The average solar panel system size in Wellsboro is around 7.1 kilowatts, meaning a cost of about $12,656 for a solar installation, or $18,098 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary based on several factors, such as what size system you need, your energy usage and what company you go with. Despite the high initial cost, the average Wellsboro homeowner can save about $18,000 on their energy bills over 20 years, which is one of the benefits of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Wellsboro
| Year | Return on Investment |
|---|---|
| 1 years | $-11,305 |
| 3 years | $-8,605 |
| 5 years | $-5,905 |
| 7 years | $-3,204 |
| 9 years | $-504 |
| 11 years | $2,196 |
| 13 years | $4,897 |
| 15 years | $7,597 |
| 17 years | $10,297 |
| 19 years | $12,998 |
| 21 years | $15,698 |
| 23 years | $18,398 |
| 25 years | $21,099 |
Top Solar Installers in Wellsboro
Installing solar panels by yourself can be a challenging project, which is why using a solar installation company is a good option for many homeowners. Plus, if you're not certain what type of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
There are various licensed solar professionals that can install solar panels for you. 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 Wellsboro
Factors that Affect Solar Panel Costs in Wellsboro
For many Wellsboro homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Wellsboro, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend about $2,550 per kilowatt in Wellsboro. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof 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 additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable choice because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Wellsboro is the company you get to install your PV system. As with choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that provide a range of services at different costs. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $17,410 | 9.8 years |
| 8 kW | $2.60 | $14,566 | $23,499 | 9.6 years |
| 10 kW | $2.55 | $17,850 | $29,731 | 9.4 years |
| 12 kW | $2.50 | $20,992 | $36,105 | 9.2 years |
| 14 kW | $2.45 | $23,990 | $42,623 | 9.0 years |
| 16 kW | $2.40 | $26,846 | $49,283 | 8.8 years |
| 18 kW | $2.35 | $29,560 | $56,086 | 8.6 years |
| 20 kW | $2.29 | $32,130 | $63,032 | 8.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While 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 take a look at their list of options before deciding.
- Warranty: If you're worried about the longevity of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- 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 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 Wellsboro, PA Solar Cost FAQs
How much does it cost to install solar panels in Wellsboro?
This is a tough question to answer precisely, 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 additional solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located 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 $951.62 per year.
How often do you have to replace solar panels?
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 amount 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.