Solar Panel Cost Guide in Lititz, PA (2024 Update)
- Lititz Solar Installation Cost: $16,331
- 25-Year Savings: $13,223
- Payback Period: 16.4 Years
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Average Cost of Solar Panels in Lititz
Here’s how much it might cost to go solar in Lititz.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lititz, the typical cost of a solar system is 4 per watt.The average solar panel system size in Lititz is around 6.6 kilowatts, meaning a cost of about $16,331 for a solar installation, or $23,353 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Lititz depending on a few factors, such as the type of solar panels you choose and the solar installer you hire.But, after you've paid the upfront cost of installation, the savings for most homeowners is quite good, with a net average savings of about $14,000 over 20 years on electricity bills.
To receive a free quote from a highly rated solar installation company in Lititz, you can click the button below.
Solar savings over time in Lititz
| Year | Return on Investment |
|---|---|
| 1 years | $-15,089 |
| 3 years | $-12,603 |
| 5 years | $-10,117 |
| 7 years | $-7,631 |
| 9 years | $-5,145 |
| 11 years | $-2,659 |
| 13 years | $-173 |
| 15 years | $2,313 |
| 17 years | $4,799 |
| 19 years | $7,285 |
| 21 years | $9,771 |
| 23 years | $12,257 |
| 25 years | $14,743 |
Top Solar Installers in Lititz
Although you can install solar panels yourself, it involves extra time and expertise. That's one of the reasons the majority of homeowners choose a solar panel installer. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Lititz
Factors that Affect Solar Panel Costs in Lititz
There are many criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,550. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Lititz to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can influence the cost. Lititz’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $7,275 | 17.0 years |
| 8 kW | $3.62 | $20,278 | $10,098 | 16.7 years |
| 10 kW | $3.55 | $24,850 | $13,120 | 16.4 years |
| 12 kW | $3.48 | $29,224 | $16,340 | 16.0 years |
| 14 kW | $3.41 | $33,398 | $19,759 | 15.7 years |
| 16 kW | $3.34 | $37,374 | $23,377 | 15.4 years |
| 18 kW | $3.27 | $41,152 | $27,194 | 15.1 years |
| 20 kW | $3.19 | $44,730 | $31,210 | 14.7 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Lititz, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- 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 certain 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.
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the project timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable 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.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one indication of a good company.
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 Lititz, PA Solar Cost FAQs
How much does it cost to install solar panels in Lititz?
The average cost of solar panels in Lititz 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 such as 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 definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Lititz 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 offer you credit toward your future energy bills.
How often do you have to replace solar panels?
Although 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 the amount of energy they produce will have decreased significantly after that point. You can 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.