Solar Panel Cost Guide in Wharton, PA (Feb 2023)
- Wharton Solar Installation Cost: $12,531
- 25-Year Savings: $11,336
- Payback Period: 13.1 Years
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Top Solar Installers in Wharton
Installing solar panels on your own can be a difficult project, which is why using a solar installer is a good option for many homeowners. The payback period on a solar system will vary depending on factors like your roof configuration and energy use, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.
If you're searching for a solar company in Wharton, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Wharton
Factors that Affect Solar Panel Costs in Wharton
There are a number of factors that can affect 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 system.
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Wharton, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. When figuring out 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 lower the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies in Wharton, and each can charge varying amounts for labor and equipment. Additionally, some companies in Wharton know more 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||$9,247||13.7 years|
|8 kW||$2.60||$14,566||$12,614||13.4 years|
|10 kW||$2.55||$17,850||$16,125||13.1 years|
|12 kW||$2.50||$20,992||$19,778||12.9 years|
|14 kW||$2.45||$23,990||$23,575||12.6 years|
|16 kW||$2.40||$26,846||$27,514||12.3 years|
|18 kW||$2.35||$29,560||$31,595||12.1 years|
|20 kW||$2.29||$32,130||$35,820||11.8 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
EcoWatch's Wharton, PA Solar Cost FAQs
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.