Solar Panel Cost Guide in Peters, PA (2024 Update)
- Peters Solar Installation Cost: $17,152
- 25-Year Savings: $11,200
- Payback Period: 18.2 Years
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Average Cost of Solar Panels in Peters
We go over average solar pricing in Peters.
In Peters, solar panels cost about 4 per watt on average.Because a 6.9-kW system is needed to cover the energy costs of a typical home in Peters, the average price of going solar will be about $17,152 after claiming the federal solar tax credit of 0.
These figures are only estimates, and how much solar costs for you will vary based on your energy needs and what company you want to go with.With average savings of about $13,000 on electricity bills over 20 years, many homeowners in Peters find investing in solar can pay off big.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Peters
| Year | Return on Investment |
|---|---|
| 1 years | $-15,848 |
| 3 years | $-13,239 |
| 5 years | $-10,630 |
| 7 years | $-8,021 |
| 9 years | $-5,412 |
| 11 years | $-2,803 |
| 13 years | $-194 |
| 15 years | $2,415 |
| 17 years | $5,024 |
| 19 years | $7,633 |
| 21 years | $10,242 |
| 23 years | $12,851 |
| 25 years | $15,460 |
Top Solar Installers in Peters
Installing solar panels by yourself can be a dangerous project, which is why hiring a solar installation company is a good option for many homeowners. Plus, if you’re not certain what type of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you're on the hunt for a solar installer in Peters, 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 Peters
Factors that Affect Solar Panel Costs in Peters
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Peters: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,550.There are a lot of different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Peters provide solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also increases your total costs, so it’s important to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Peters is the company you hire to install your PV system. As with choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that provide a range of services for different budgets.Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 | $4,939 | 19.0 years |
| 8 kW | $3.62 | $20,278 | $6,984 | 18.6 years |
| 10 kW | $3.55 | $24,850 | $9,226 | 18.2 years |
| 12 kW | $3.48 | $29,224 | $11,668 | 17.9 years |
| 14 kW | $3.41 | $33,398 | $14,309 | 17.5 years |
| 16 kW | $3.34 | $37,374 | $17,148 | 17.1 years |
| 18 kW | $3.27 | $41,152 | $20,186 | 16.8 years |
| 20 kW | $3.19 | $44,730 | $23,423 | 16.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: The kind of solar panel you want to install plays a part in which installer you should go with, since different companies provide different panels.
- Installation Process: One of the most important things 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 how long the project will take.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
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 Peters, PA Solar Cost FAQs
How much does it cost to install solar panels in Peters?
This is a tough question to answer exactly, because the cost depends on a few different 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 extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Are solar panels free in Peters?
You can’t get solar panels for free in Peters. 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.
Is it worth going solar in Peters?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption 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 get between 20 and 35 panels to cover 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.