Solar Panel Cost Guide in Redstone, PA (2024 Update)
- Redstone Solar Installation Cost: $17,457
- 25-Year Savings: $8,505
- Payback Period: 20.7 Years
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Average Cost of Solar Panels in Redstone
We go over average solar pricing in Redstone.
The national average cost of solar panels is $2.66 per watt, but in Redstone it’s 4 per watt.The average solar panel system size in Redstone is around 7.0 kilowatts, meaning a cost of about $17,457 for a solar installation, or $24,964 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you will vary based on factors unique to your home and what company you choose to go with.Many homeowners find going solar is a rewarding investment. The average homeowner in Redstone can save about $11,000 on their electricity bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Redstone
| Year | Return on Investment |
|---|---|
| 1 years | $-16,374 |
| 3 years | $-14,208 |
| 5 years | $-12,042 |
| 7 years | $-9,876 |
| 9 years | $-7,710 |
| 11 years | $-5,545 |
| 13 years | $-3,379 |
| 15 years | $-1,213 |
| 17 years | $953 |
| 19 years | $3,119 |
| 21 years | $5,284 |
| 23 years | $7,450 |
| 25 years | $9,616 |
Top Solar Installers in Redstone
Many homeowners opt for a solar panel company since trying to install solar panels by yourself can be challenging. Another good thing about using a reliable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
If you're on the hunt for a solar installer in Redstone, the EcoWatch team has put together 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 Redstone
Factors that Affect Solar Panel Costs in Redstone
The cost of installing a solar system in Redstone can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of 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 brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Redstone homeowners decide to finance their solar panel systems to offset upfront costs.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you pick will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Redstone know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $2,467 | 21.6 years |
| 8 kW | $3.62 | $20,278 | $3,687 | 21.2 years |
| 10 kW | $3.55 | $24,850 | $5,106 | 20.7 years |
| 12 kW | $3.48 | $29,224 | $6,724 | 20.3 years |
| 14 kW | $3.41 | $33,398 | $8,540 | 19.9 years |
| 16 kW | $3.34 | $37,374 | $10,556 | 19.5 years |
| 18 kW | $3.27 | $41,152 | $12,770 | 19.1 years |
| 20 kW | $3.19 | $44,730 | $15,182 | 18.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project timeline.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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 Redstone, PA Solar Cost FAQs
What is the average cost of installing solar panels in Redstone?
This is a tough question to answer precisely, 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. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Redstone?
A solar panel system isn’t free in Redstone, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Redstone have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
How long do solar panels last in Redstone?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.