Solar Panel Cost Guide in West Reading, PA (2024 Update)
- West Reading Solar Installation Cost: $16,528
- 25-Year Savings: $13,082
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in West Reading
Find out what the average cost of solar panels are in West Reading.
Currently, the national average cost of solar panels is $2.66 per watt. However, in West Reading, the average cost of a solar system is 4 per watt.Using this figure, a typical 6.7-kW system would cost about $16,528 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely vary based on factors unique to your home and what company you choose to go with.Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in West Reading can save around $14,000 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 West Reading
| Year | Return on Investment |
|---|---|
| 1 years | $-15,285 |
| 3 years | $-12,799 |
| 5 years | $-10,313 |
| 7 years | $-7,827 |
| 9 years | $-5,341 |
| 11 years | $-2,855 |
| 13 years | $-369 |
| 15 years | $2,117 |
| 17 years | $4,603 |
| 19 years | $7,089 |
| 21 years | $9,575 |
| 23 years | $12,061 |
| 25 years | $14,547 |
Top Solar Installers in West Reading
Many homeowners opt for a solar panel company since trying to install solar panels on your own can be a labor-intensive endeavor. Plus, if you’re unsure what kind of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're on the hunt for a solar installer in West Reading, the EcoWatch team has organized a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in West Reading
Factors that Affect Solar Panel Costs in West Reading
The cost of installing a solar system in West Reading can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have 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.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like West Reading, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in West Reading offer solar loans, which reduce the initial cost of installing solar panels.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in West Reading is the company you hire to install your PV system. Similar to choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that provide a range of services for different budgets.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $7,005 | 17.2 years |
| 8 kW | $3.62 | $20,278 | $9,737 | 16.9 years |
| 10 kW | $3.55 | $24,850 | $12,669 | 16.6 years |
| 12 kW | $3.48 | $29,224 | $15,799 | 16.2 years |
| 14 kW | $3.41 | $33,398 | $19,128 | 15.9 years |
| 16 kW | $3.34 | $37,374 | $22,656 | 15.6 years |
| 18 kW | $3.27 | $41,152 | $26,382 | 15.2 years |
| 20 kW | $3.19 | $44,730 | $30,308 | 14.9 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- 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.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: Different companies offer various brands and types of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's West Reading, PA Solar Cost FAQs
How much does it cost to install solar panels in West Reading?
This is a difficult question to answer exactly, because the cost depends on a variety of 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. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in West Reading?
Solar panels aren’t free in West Reading, 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 further reduce the cost.
Can you sell solar power back to the grid in West Reading?
The majority of states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use 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.