Solar Panel Cost Guide in West Goshen, PA (2024 Update)
- West Goshen Solar Installation Cost: $16,246
- 25-Year Savings: $14,976
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in West Goshen
We break down average solar pricing in West Goshen.
In West Goshen, solar panels cost about 4 per watt on average.To account for the typical energy usage of the average home in West Goshen, most homeowners require a 6.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $16,246, or $23,232 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy needs, the type of solar system you want, your solar contractor and more.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $15,000 over 20 years on energy bills.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in West Goshen
| Year | Return on Investment |
|---|---|
| 1 years | $-14,955 |
| 3 years | $-12,375 |
| 5 years | $-9,794 |
| 7 years | $-7,214 |
| 9 years | $-4,633 |
| 11 years | $-2,053 |
| 13 years | $528 |
| 15 years | $3,108 |
| 17 years | $5,689 |
| 19 years | $8,270 |
| 21 years | $10,850 |
| 23 years | $13,431 |
| 25 years | $16,011 |
Top Solar Installers in West Goshen
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of an installer can make swapping over to solar power much easier. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance in the long run.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in West Goshen
Factors that Affect Solar Panel Costs in West Goshen
The cost of installing a solar system in West Goshen can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need 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 several different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in West Goshen, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s a good idea to factor 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
Finally, the company you choose to install your solar panel system can influence the cost. West Goshen’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in West Goshen are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $3.69 | $15,506 | $8,948 | 15.9 years |
| 8 kW | $3.62 | $20,278 | $12,329 | 15.5 years |
| 10 kW | $3.55 | $24,850 | $15,908 | 15.2 years |
| 12 kW | $3.48 | $29,224 | $19,686 | 14.9 years |
| 14 kW | $3.41 | $33,398 | $23,662 | 14.6 years |
| 16 kW | $3.34 | $37,374 | $27,838 | 14.3 years |
| 18 kW | $3.27 | $41,152 | $32,212 | 14.0 years |
| 20 kW | $3.19 | $44,730 | $36,785 | 13.7 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 models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you’d like to get plays a part in which company you should opt for, since different companies have access to different panels.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering such a warranty is one sign of a quality company.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's West Goshen, PA Solar Cost FAQs
How much does it cost to install solar panels in West Goshen?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in West Goshen?
A solar panel system isn’t free in West Goshen, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is switching to solar power worth it?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out 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 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.