Solar Panel Cost Guide in East Nottingham, PA (2024 Update)
- East Nottingham Solar Installation Cost: $16,246
- 25-Year Savings: $14,042
- Payback Period: 15.8 Years
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Average Cost of Solar Panels in East Nottingham
Find out what the average cost of installing solar panels is in East Nottingham.
The average cost of a solar system in East Nottingham is 4 per watt.Using this figure, a typical 6.5-kW system would cost about $16,246 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of East Nottingham homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $15,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar company in East Nottingham for a quote for your home.
Solar savings over time in East Nottingham
| Year | Return on Investment |
|---|---|
| 1 years | $-14,919 |
| 3 years | $-12,264 |
| 5 years | $-9,610 |
| 7 years | $-6,956 |
| 9 years | $-4,301 |
| 11 years | $-1,647 |
| 13 years | $1,007 |
| 15 years | $3,662 |
| 17 years | $6,316 |
| 19 years | $8,970 |
| 21 years | $11,625 |
| 23 years | $14,279 |
| 25 years | $16,933 |
Top Solar Installers in East Nottingham
When going solar, many homeowners decide to hire a solar installation company since installing solar panels yourself can be a time-consuming project. The expertise that solar companies offer can be invaluable as well, particularly if you aren’t sure what brand of solar equipment you need.
If you’d like to go solar but still aren’t certain which solar system company to go with, here are our recommendations 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 East Nottingham
Factors that Affect Solar Panel Costs in East Nottingham
There are many factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,550.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose 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 power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the East Nottingham average.
Solar Financing Terms
Most solar installers in East Nottingham offer solar loans, which reduce your upfront costs of installing solar.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’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding 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 panels can play a role in determining how much you pay. East Nottingham’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that offers the products, warranties and services you’re looking for and also fits within your budget.
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 | $8,091 | 16.4 years |
| 8 kW | $3.62 | $20,278 | $11,186 | 16.1 years |
| 10 kW | $3.55 | $24,850 | $14,479 | 15.8 years |
| 12 kW | $3.48 | $29,224 | $17,971 | 15.5 years |
| 14 kW | $3.41 | $33,398 | $21,662 | 15.2 years |
| 16 kW | $3.34 | $37,374 | $25,552 | 14.8 years |
| 18 kW | $3.27 | $41,152 | $29,641 | 14.5 years |
| 20 kW | $3.19 | $44,730 | $33,928 | 14.2 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 a challenge, we have some tips to help you, such as:
- Reputation: Companies that have been operating for many years 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 adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
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 East Nottingham, PA Solar Cost FAQs
How much does it cost to install solar panels in East Nottingham?
This is a tough question to answer precisely, because the cost depends on many 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in East Nottingham?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Can solar panels eliminate my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in East Nottingham, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.