Solar Panel Cost Guide in Nazareth, PA (2024 Update)
- Nazareth Solar Installation Cost: $16,665
- 25-Year Savings: $12,983
- Payback Period: 16.7 Years
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Average Cost of Solar Panels in Nazareth
Let’s have a look at the average cost of solar in Nazareth.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Nazareth, the average cost of a solar system is 4 per watt.The average Nazareth homeowner needs a 6.7-kilowatt system, which would cost about $16,665 with the federal tax credit, or $23,831 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary depending on multiple factors, such as how many panels you need, your energy consumption and what company you go with.But, after you've paid the initial cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $14,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Nazareth
| Year | Return on Investment |
|---|---|
| 1 years | $-15,422 |
| 3 years | $-12,936 |
| 5 years | $-10,450 |
| 7 years | $-7,964 |
| 9 years | $-5,478 |
| 11 years | $-2,992 |
| 13 years | $-506 |
| 15 years | $1,980 |
| 17 years | $4,466 |
| 19 years | $6,952 |
| 21 years | $9,438 |
| 23 years | $11,923 |
| 25 years | $14,409 |
Top Solar Installers in Nazareth
When making the switch to solar, many homeowners prefer to use a solar company since overseeing your solar installation yourself can be a time-consuming project. Plus, if you’d like to maximize your investment in solar, going with a solar company can help with that too. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
Working with a vetted solar installer can help your solar project go smoothly. 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 Nazareth
Factors that Affect Solar Panel Costs in Nazareth
While the average cost of a solar system in Nazareth is $16,665, your final cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Nazareth, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a solid route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.Though solar loans make switching to solar energy more accessible for Nazareth homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you choose will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices 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 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 | $6,820 | 17.4 years |
| 8 kW | $3.62 | $20,278 | $9,490 | 17.0 years |
| 10 kW | $3.55 | $24,850 | $12,360 | 16.7 years |
| 12 kW | $3.48 | $29,224 | $15,428 | 16.4 years |
| 14 kW | $3.41 | $33,398 | $18,695 | 16.0 years |
| 16 kW | $3.34 | $37,374 | $22,161 | 15.7 years |
| 18 kW | $3.27 | $41,152 | $25,826 | 15.4 years |
| 20 kW | $3.19 | $44,730 | $29,690 | 15.0 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
- Installation Process: When making the switch to solar energy, it’s crucial to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the project completion timeline.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
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 Nazareth, PA Solar Cost FAQs
How much does it cost to install solar panels in Nazareth?
This is a hard question to answer precisely, because the cost depends on a variety of 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 other solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Nazareth?
You can’t get solar panels for free in Nazareth. 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’d rather own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
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 home 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.