Solar Panel Cost Guide in Wilkes Barre, PA (2023 Update)
- Wilkes Barre Solar Installation Cost: $12,406
- 25-Year Savings: $8,802
- Payback Period: 14.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Wilkes Barre
Let's have a look at the average cost of solar panels in Wilkes Barre.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Wilkes Barre, the average cost of solar panels is 2.55 per watt. The average solar panel system size in Wilkes Barre is around 7.0 kilowatts, meaning a cost of about $12,406 for a solar installation, or $17,741 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Wilkes Barre depending on a variety of factors, such as the type of solar panels you choose and the solar company you hire. Even with the significant initial cost, the average Wilkes Barre homeowner can save about $12,000 on their electricity bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a highly rated solar panel company in Wilkes Barre for a custom estimate.
Solar savings over time in Wilkes Barre
Year | Return on Investment |
---|---|
1 years | $-11,557 |
3 years | $-9,861 |
5 years | $-8,164 |
7 years | $-6,467 |
9 years | $-4,771 |
11 years | $-3,074 |
13 years | $-1,377 |
15 years | $319 |
17 years | $2,016 |
19 years | $3,713 |
21 years | $5,409 |
23 years | $7,106 |
25 years | $8,802 |
Top Solar Installers in Wilkes Barre
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Going with an installer can make converting to solar power much easier. Plus, if you're not certain what type of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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 Wilkes Barre
Factors that Affect Solar Panel Costs in Wilkes Barre
While the average cost of a solar system in Wilkes Barre is $12,406, your actual cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. 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're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Wilkes Barre offer solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can impact how much it costs. Wilkes Barre's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $7,177 | 15.2 years |
8 kW | $2.60 | $14,566 | $9,855 | 14.9 years |
10 kW | $2.55 | $17,850 | $12,676 | 14.6 years |
12 kW | $2.50 | $20,992 | $15,640 | 14.3 years |
14 kW | $2.45 | $23,990 | $18,746 | 14.0 years |
16 kW | $2.40 | $26,846 | $21,995 | 13.7 years |
18 kW | $2.35 | $29,560 | $25,387 | 13.4 years |
20 kW | $2.29 | $32,130 | $28,922 | 13.2 years |
How to Save on Solar Panels
The solar company you opt for will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, such as:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Contract: Before you sign a contract with a solar installer, be sure to look it over fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
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 Wilkes Barre, PA Solar Cost FAQs
What is the average cost of installing solar panels in Wilkes Barre?
The average cost of solar panels in Wilkes Barre is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Wilkes Barre?
Solar panels aren't free in Wilkes Barre, but there are some options that can make getting them more feasible, 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 it worth going solar in Wilkes Barre?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Wilkes Barre?
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 level 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.