Solar Panel Cost Guide in Catasauqua, PA (2024 Update)
- Catasauqua Solar Installation Cost: $16,591
- 25-Year Savings: $12,393
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in Catasauqua
Find out how much it might cost to install solar panels in Catasauqua.
The average cost of a solar panel system in Catasauqua is 4 per watt.The average Catasauqua homeowner needs a 6.7-kilowatt system, which would cost about $16,591 with the federal tax credit, or $23,725 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy consumption, the type of solar system you choose, your solar contractor and more.With typical savings of about $14,000 on energy bills over 20 years, many homeowners in Catasauqua find installing solar panels can pay off big.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Catasauqua
Year | Return on Investment |
---|---|
1 years | $-15,246 |
3 years | $-12,555 |
5 years | $-9,863 |
7 years | $-7,172 |
9 years | $-4,481 |
11 years | $-1,790 |
13 years | $901 |
15 years | $3,593 |
17 years | $6,284 |
19 years | $8,975 |
21 years | $11,666 |
23 years | $14,357 |
25 years | $17,049 |
Top Solar Installers in Catasauqua
Many homeowners opt for a solar panel company since trying to install solar panels on your own can be a lot of work. Local solar companies can also help you maximize your return on investment by walking you through any local incentives and by offering warranties and repairs.
If you’d like to make the switch to solar but still aren’t certain which solar panel company to go with, here are our recommendations for providers near you:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Catasauqua
Factors that Affect Solar Panel Costs in Catasauqua
Even though the average cost of a solar system in Catasauqua is $16,591, your final cost may differ. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
Solar 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 important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The model of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Catasauqua homeowners choose to finance their solar panel systems to make going solar more affordable.Even though solar loans make adopting solar energy more accessible for Catasauqua homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Catasauqua is the company you get to install your solar system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services for different budgets.The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more 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 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 | $6,341 | 17.7 years |
8 kW | $3.62 | $20,278 | $8,852 | 17.4 years |
10 kW | $3.55 | $24,850 | $11,562 | 17.1 years |
12 kW | $3.48 | $29,224 | $14,470 | 16.7 years |
14 kW | $3.41 | $33,398 | $17,578 | 16.4 years |
16 kW | $3.34 | $37,374 | $20,884 | 16.0 years |
18 kW | $3.27 | $41,152 | $24,389 | 15.7 years |
20 kW | $3.19 | $44,730 | $28,093 | 15.4 years |
How to Save on Solar Panels
The solar company you opt for will influence 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 several important things you should keep in mind, such as:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Before signing a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you aren’t sure 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Catasauqua, PA Solar Cost FAQs
What is the average cost of installing solar panels in Catasauqua?
This is a difficult question to answer exactly, because the cost depends on many 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Catasauqua?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Does Catasauqua have a net metering program?
Most states have 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?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had 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.