Solar Panel Cost Guide in Crafton, PA (2024 Update)
- Crafton Solar Installation Cost: $17,320
- 25-Year Savings: $17,273
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Crafton
Find out how much it might cost to make the switch to solar in Crafton.
The national average cost of solar panels is $2.66 per watt, but in Crafton it’s 4 per watt.To account for the typical energy needs of the average home in Crafton, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $17,320, or $24,768 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average Crafton homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.But, after you've paid the upfront cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $16,000 over 20 years on energy bills.
To receive a free estimate from a top solar company in Crafton, you can click the button below.
Solar savings over time in Crafton
| Year | Return on Investment |
|---|---|
| 1 years | $-15,683 |
| 3 years | $-12,410 |
| 5 years | $-9,136 |
| 7 years | $-5,862 |
| 9 years | $-2,588 |
| 11 years | $686 |
| 13 years | $3,960 |
| 15 years | $7,233 |
| 17 years | $10,507 |
| 19 years | $13,781 |
| 21 years | $17,055 |
| 23 years | $20,329 |
| 25 years | $23,603 |
Top Solar Installers in Crafton
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Hiring a solar company can make switching to solar power much easier. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance in the long run.
If you're looking for a solar company in Crafton, we've organized a list of our top suggestions here:
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 Crafton
Factors that Affect Solar Panel Costs in Crafton
Though the average cost of a solar system in Crafton is $17,320, your final cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar panel system in Crafton, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can figure out by looking at past electricity bills. Your overall cost can increase by around $3,550 for each additional kilowatt you need.The type of solar equipment you choose can bring your price up or down 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. However, more efficient panels could save you more in the long run on your energy bills. Additionally, extra products, like solar batteries, can bump up your total well above the Crafton average.
Solar Financing Terms
Many homeowners find the average cost of solar in Crafton to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to paying more over time due to interest.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 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 interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installation company you select will influence your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Crafton have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $3.69 | $15,506 | $10,072 | 15.2 years |
| 8 kW | $3.62 | $20,278 | $13,827 | 14.9 years |
| 10 kW | $3.55 | $24,850 | $17,781 | 14.6 years |
| 12 kW | $3.48 | $29,224 | $21,934 | 14.3 years |
| 14 kW | $3.41 | $33,398 | $26,285 | 14.0 years |
| 16 kW | $3.34 | $37,374 | $30,836 | 13.7 years |
| 18 kW | $3.27 | $41,152 | $35,585 | 13.4 years |
| 20 kW | $3.19 | $44,730 | $40,532 | 13.1 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project timeline.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The kind of solar panel you need to install plays a role in which installer you should choose, since different companies have access to different panels.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
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 Crafton, PA Solar Cost FAQs
How much does it cost to install solar panels in Crafton?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Do solar panels increase how much your home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Crafton is currently $209,025, so you could be looking at a value of about $8,570 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Crafton is a fruitful investment.
How often do you have to replace solar panels?
Even though 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 the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using 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.