Solar Panel Cost Guide in Wyomissing, PA (2023 Update)
- Wyomissing Solar Installation Cost: $11,870
- 25-Year Savings: $13,084
- Payback Period: 11.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Wyomissing
Let's take a look at the average cost of solar panels in Wyomissing.
The national average cost of solar panels is $2.66 per watt, but in Wyomissing it's 2.55 per watt. The average solar panel system size in Wyomissing is around 6.7 kilowatts, meaning a cost of about $11,870 for a solar installation, or $16,974 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary based on multiple factors, such as what size system you need, your energy consumption and what installation company you go with. For many homeowners, the upfront cost of solar panels is worth paying. On average Wyomissing homeowners see about $14,000 in savings on utility bills over 20 years.
Click the button below to get connected to a reputable solar panel company in Wyomissing for a custom quote.
Solar savings over time in Wyomissing
| Year | Return on Investment |
|---|---|
| 1 years | $-10,872 |
| 3 years | $-8,876 |
| 5 years | $-6,879 |
| 7 years | $-4,883 |
| 9 years | $-2,887 |
| 11 years | $-890 |
| 13 years | $1,106 |
| 15 years | $3,102 |
| 17 years | $5,098 |
| 19 years | $7,095 |
| 21 years | $9,091 |
| 23 years | $11,087 |
| 25 years | $13,084 |
Top Solar Installers in Wyomissing
Although it's possible to install solar panels yourself, it takes extra time and expertise. That's why most homeowners choose a solar panel installer. A solar company can also help save you money over time by offering warranties, repairs and part replacements.
There are various licensed solar professionals that can take care of your solar installation project. 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 Wyomissing
Factors that Affect Solar Panel Costs in Wyomissing
For many Wyomissing homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Wyomissing, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the Wyomissing average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are provided by most installers in Wyomissing, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. 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 principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $11,373 | 12.4 years |
| 8 kW | $2.60 | $14,566 | $15,449 | 12.1 years |
| 10 kW | $2.55 | $17,850 | $19,669 | 11.9 years |
| 12 kW | $2.50 | $20,992 | $24,031 | 11.7 years |
| 14 kW | $2.45 | $23,990 | $28,536 | 11.4 years |
| 16 kW | $2.40 | $26,846 | $33,184 | 11.2 years |
| 18 kW | $2.35 | $29,560 | $37,974 | 10.9 years |
| 20 kW | $2.29 | $32,130 | $42,908 | 10.7 years |
How to Save on Solar Panels
The solar company you go with will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
- Contract: Before you sign a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Wyomissing, PA Solar Cost FAQs
What is the average cost of installing solar panels in Wyomissing?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How much can I save on electricity bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Wyomissing, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.