Solar Panel Cost Guide in Annville, PA (2024 Update)
- Annville Solar Installation Cost: $16,524
- 25-Year Savings: $13,728
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in Annville
Let’s have a look at the average cost of solar panels in Annville.
The national average cost of solar panels is $2.66 per watt, but in Annville it’s 4 per watt.To account for the typical energy usage of the average home in Annville, most homeowners require a 6.6-kilowatt system. Using the figure above, a solar installation costs around $16,524, or $23,629 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary depending on multiple factors, such as how many panels you need, your energy usage and what solar installer you go with.Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Annville can save around $15,000 on their energy bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Annville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,281 |
| 3 years | $-12,795 |
| 5 years | $-10,309 |
| 7 years | $-7,823 |
| 9 years | $-5,337 |
| 11 years | $-2,851 |
| 13 years | $-365 |
| 15 years | $2,121 |
| 17 years | $4,607 |
| 19 years | $7,093 |
| 21 years | $9,579 |
| 23 years | $12,065 |
| 25 years | $14,551 |
Top Solar Installers in Annville
When making the switch to solar, many homeowners prefer to go with a solar company since putting up a solar system yourself can be a difficult project. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy consumption, but going with a solar installer 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’d like to go solar but still aren’t sure which solar system company to go with, here are our suggestions for providers nearby:
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 Annville
Factors that Affect Solar Panel Costs in Annville
The cost of installing a solar system in Annville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Annville, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.When estimating 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 hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Annville, and each can charge different amounts for labor and equipment.The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better 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 down to compete with bigger names.
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 | $7,591 | 16.8 years |
| 8 kW | $3.62 | $20,278 | $10,518 | 16.5 years |
| 10 kW | $3.55 | $24,850 | $13,645 | 16.1 years |
| 12 kW | $3.48 | $29,224 | $16,970 | 15.8 years |
| 14 kW | $3.41 | $33,398 | $20,495 | 15.5 years |
| 16 kW | $3.34 | $37,374 | $24,218 | 15.2 years |
| 18 kW | $3.27 | $41,152 | $28,139 | 14.8 years |
| 20 kW | $3.19 | $44,730 | $32,260 | 14.5 years |
How to Save on Solar Panels
The solar company you go with will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Installation Process: When making the switch to solar power, it’s necessary to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project completion timeline.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
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 Annville, PA Solar Cost FAQs
How much does it cost to install solar panels in Annville?
The average cost of solar panels in Annville is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $769.90 per year.
How long do solar panels last in Annville?
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 choose 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.