Cost Of Installing Solar Panels In Pennsylvania

Solar power systems are very custom based on the home roof type shading and utility.

Cost of installing solar panels in pennsylvania.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8. Available tax credits and rebates once pennsylvania s solar rebate program comes back can help drive down the cost of the system. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. We re funded by a 550 000 award from the u s.

The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. Green energy chronicles is however looking to change that. Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays. Installation of panels for the average 5kw system ranges from 11 100 22 400.

This is 2 38 per watt. How does system size impact the cost of solar. The initial cost of the solar power system is usually about 25 000. As of sep 2020 the average cost of solar panels in pennsylvania is 2 38 per watt making a typical 6000 watt 6 kw solar system 10 558 after claiming the 26 federal solar tax credit now available.

This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per. Pennsylvania is one of the best states in the country if you want to go solar but only if you re rich enough. Solar panel cost in pennsylvania. What range of costs should you expect to see in quotes for a solar panel system.

Solar panel costs for an average sized installation in the u s. Solar panel cost in 2020. Department of energy sunshot program. Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31.

From pennsylvania data it is shown that the average cost of a solar panel installation ranges from 12 835 to 17 365. On a cost per watt w basis a solar panel installation in pennsylvania ranges in price from 2 57 to 3 47. The average cost for an installed residential solar system in pennsylvania is currently 10 558 after claiming the 26 federal solar tax credit. As of september 2020 the average solar panel cost in pennsylvania is 3 02 w given a solar panel system size of 5 kilowatts kw an average solar installation in pennsylvania ranges in cost from 12 835 to 17 365 with the average gross price for solar in pennsylvania coming in at 15 100 after accounting for the 26 federal investment tax credit itc and other state and local solar.