Solar Panel Cost Guide in West Pikeland, PA (2023 Update)
- West Pikeland Solar Installation Cost: $11,669
- 25-Year Savings: $14,976
- Payback Period: 10.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in West Pikeland
See how much it might cost to install solar panels in West Pikeland.
Currently, the national average cost of solar panels is $2.66 per watt. However, in West Pikeland, the typical cost of solar panels is 2.55 per watt. The average West Pikeland homeowner needs a 6.5-kilowatt system, which would cost about $11,674 with the federal tax credit, or $16,694 before the 30% tax credit is applied.
These figures are just averages, and how much solar costs for you may differ based on the amount of energy your home requires and what company you choose to go with. Despite the high initial cost, the average West Pikeland homeowner can save around $15,000 on their electricity bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a highly rated solar installer in West Pikeland for a personalized estimate.
Solar savings over time in West Pikeland
Year | Return on Investment |
---|---|
1 years | $-10,379 |
3 years | $-7,799 |
5 years | $-5,218 |
7 years | $-2,638 |
9 years | $-57 |
11 years | $2,524 |
13 years | $5,104 |
15 years | $7,685 |
17 years | $10,265 |
19 years | $12,846 |
21 years | $15,426 |
23 years | $18,007 |
25 years | $20,587 |
Top Solar Installers in West Pikeland
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring an installer can make switching to solar power much easier. A solar company can also help save you money in the long run by offering warranties, repairs and component replacements.
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 West Pikeland
Factors that Affect Solar Panel Costs in West Pikeland
For many West Pikeland homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in West Pikeland, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $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 electric bills. In addition, extra products, such as solar batteries, can bump up your total well above the West Pikeland average.
Solar Financing Terms
Many homeowners find the average cost of solar in West Pikeland to be too expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installer you select will impact your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Additionally, some companies in West Pikeland 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 | $13,316 | 11.4 years |
8 kW | $2.60 | $14,566 | $18,041 | 11.2 years |
10 kW | $2.55 | $17,850 | $22,908 | 10.9 years |
12 kW | $2.50 | $20,992 | $27,918 | 10.7 years |
14 kW | $2.45 | $23,990 | $33,070 | 10.5 years |
16 kW | $2.40 | $26,846 | $38,366 | 10.3 years |
18 kW | $2.35 | $29,560 | $43,804 | 10.1 years |
20 kW | $2.29 | $32,130 | $49,385 | 9.9 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose considerably affects your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Different companies have various brands and types of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Contract: It's important to read through your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Installation Process: Make sure you're on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
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 West Pikeland, PA Solar Cost FAQs
How much does it cost to install solar panels in West Pikeland?
This is a tough question to answer exactly, because the cost depends on many 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. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in West Pikeland?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is it worth going solar in West Pikeland?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How many solar panels do I need to power 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 usually produce about 250 to 400 watt-hours per hour, the average home 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.