Solar Panel Cost Guide in Slatington, PA (2024 Update)
- Slatington Solar Installation Cost: $16,591
- 25-Year Savings: $12,393
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in Slatington
Find out how much it might cost to switch to solar power in Slatington.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Slatington, the average cost of solar panels is 4 per watt.Because a 6.7-kW system is needed to cover the energy usage of a typical home in Slatington, the average price of going solar will be about $16,591 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of making the switch to solar can vary based on multiple factors, such as how many panels you need, your energy usage and what solar installer you go with.With typical savings of about $14,000 on electricity bills over 20 years, many homeowners in Slatington find going solar can be quite rewarding.
To receive a free quote from a pre-vetted solar company in Slatington, you can click the button below.
Solar savings over time in Slatington
| Year | Return on Investment |
|---|---|
| 1 years | $-15,246 |
| 3 years | $-12,555 |
| 5 years | $-9,863 |
| 7 years | $-7,172 |
| 9 years | $-4,481 |
| 11 years | $-1,790 |
| 13 years | $901 |
| 15 years | $3,593 |
| 17 years | $6,284 |
| 19 years | $8,975 |
| 21 years | $11,666 |
| 23 years | $14,357 |
| 25 years | $17,049 |
Top Solar Installers in Slatington
When making the switch to solar, many homeowners decide to hire a solar installer since overseeing your solar installation yourself can be a time-consuming project. The expertise that solar companies offer can be invaluable as well, particularly if you don’t quite know what type of solar equipment would be right for your home.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Slatington:
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 Slatington
Factors that Affect Solar Panel Costs in Slatington
There are many factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the price of a solar panel system in Slatington, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by around $3,550 for each additional kilowatt you need.The kind of solar panels and equipment you choose is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, 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 searching for a solar system that’s in your budget.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid choice because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can play a part in determining the cost. Slatington’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Slatington know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $6,341 | 17.7 years |
| 8 kW | $3.62 | $20,278 | $8,852 | 17.4 years |
| 10 kW | $3.55 | $24,850 | $11,562 | 17.1 years |
| 12 kW | $3.48 | $29,224 | $14,470 | 16.7 years |
| 14 kW | $3.41 | $33,398 | $17,578 | 16.4 years |
| 16 kW | $3.34 | $37,374 | $20,884 | 16.0 years |
| 18 kW | $3.27 | $41,152 | $24,389 | 15.7 years |
| 20 kW | $3.19 | $44,730 | $28,093 | 15.4 years |
How to Save on Solar Panels
There are a large number of companies available in Slatington, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 Slatington, PA Solar Cost FAQs
What is the average cost of installing solar panels in Slatington?
The average cost of solar panels in Slatington is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Slatington?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $728.23 per year.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.