As of august 2020 the average solar panel cost in pittsburgh pa is 3 29 w given a solar panel system size of 5 kilowatts kw an average solar installation in pittsburgh pa ranges in cost from 13 982 to 18 918 with the average gross price for solar in pittsburgh pa coming in at 16 450 after accounting for the 26 federal investment tax credit itc and other state and local solar.
Cost of solar panels in pittsburgh.
In 2017 the average cost of solar panels in pittsburgh pa was 3 50 per watt which results in a payback period of 15 5 years based on current electricity prices of 0 1408.
With power rates increasing year after year our solar arrays provide stable rates of return for decades to come.
Our solar installations generally pay for themselves in 7 10 years.
Duquesne light has increased rates from 059 kwh in 1994 to 149 kwh in 2010 where do you think this rate will be in the next 16 years.
10 buying solar in pittsburgh is like fixing the cost of your electricity for the next 30 years.
The figures below show the total cost of solar power in pittsburgh and the estimated payback or break even period.
You can also get a loan lease the system or set up a power purchase agreement ppa.
The numbers below assumes you want to buy the system outright.
10 best solar companies in pittsburgh 2020 updated.
Installing a solar panel system costs an average of 23 597 and dropping most homeowners pay between 16 532 and 30 820 expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc.
Solar in pittsburgh not only helps the environment and makes you more energy independent it s also a great investment.