Solar Panel Cost Guide in Indian Mountain Lake, PA (2025 Update)
- Indian Mountain Lake Solar Installation Cost: $16,922
- 25-Year Savings: $12,156
- Payback Period: 17.4 Years
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Average Cost of Solar Panels in Indian Mountain Lake
Here’s how much it might cost to switch to solar power in Indian Mountain Lake.
In Indian Mountain Lake, solar panels cost about 4 per watt on average.The average Indian Mountain Lake homeowner needs a 6.8-kilowatt system, which would cost about $16,922 with the federal tax credit, or $24,198 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy use, the type of solar panels you want, your solar contractor and more.Many homeowners find going solar is a sound investment. The average homeowner in Indian Mountain Lake can save about $14,000 on their power bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Indian Mountain Lake for a quote for your home.
Solar savings over time in Indian Mountain Lake
| Year | Return on Investment |
|---|---|
| 1 years | $-15,576 |
| 3 years | $-12,885 |
| 5 years | $-10,194 |
| 7 years | $-7,503 |
| 9 years | $-4,812 |
| 11 years | $-2,121 |
| 13 years | $571 |
| 15 years | $3,262 |
| 17 years | $5,953 |
| 19 years | $8,644 |
| 21 years | $11,335 |
| 23 years | $14,027 |
| 25 years | $16,718 |
Top Solar Installers in Indian Mountain Lake
Installing solar panels yourself can be a dangerous task, which is why getting a solar installation company is a good option for many homeowners. Plus, if you aren’t sure what brand of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're searching for a solar company in Indian Mountain Lake, we've compiled a list of our top suggestions here:
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 Indian Mountain Lake
Factors that Affect Solar Panel Costs in Indian Mountain Lake
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that will push your cost above or below the average in Indian Mountain Lake: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar panels and equipment you want is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about 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’s in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Indian Mountain Lake homeowners choose to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your all-in costs, so it’s vital to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Indian Mountain Lake is the company you hire to install your PV system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different price points.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $5,914 | 18.1 years |
| 8 kW | $3.62 | $20,278 | $8,282 | 17.7 years |
| 10 kW | $3.55 | $24,850 | $10,850 | 17.4 years |
| 12 kW | $3.48 | $29,224 | $13,617 | 17.1 years |
| 14 kW | $3.41 | $33,398 | $16,582 | 16.7 years |
| 16 kW | $3.34 | $37,374 | $19,746 | 16.4 years |
| 18 kW | $3.27 | $41,152 | $23,109 | 16.0 years |
| 20 kW | $3.19 | $44,730 | $26,670 | 15.7 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose greatly affects your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the completion timeline.
- 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 likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer’s reputation is by reading reviews.
- Contract: Before you sign a contract with a solar installer, be sure to look it over carefully 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 what services you can expect from them.
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 Indian Mountain Lake, PA Solar Cost FAQs
How much does it cost to install solar panels in Indian Mountain Lake?
This is a hard 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. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Indian Mountain Lake?
You can’t get solar panels for free in Indian Mountain Lake. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Indian Mountain Lake have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.