Solar Panels Cost In Pa

Average solar panel cost.

Solar panels cost in pa.

Solar panel cost data pennsylvania 2020 updated. This is 2 38 per watt. Solar panel cost in pennsylvania. From pennsylvania data it is shown that the average cost of a solar panel installation ranges from 12 835 to 17 365.

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. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per. The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt. National data september 2020.

The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. On a cost per watt w basis a solar panel installation in pennsylvania ranges in price from 2 57 to 3 47. The value of solar incentives in pennsylvania is even greater when taking into account the recent extension of the federal investment tax credit itc for solar. With energy prices on the rise this may be the perfect time.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8. 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. The average cost for an installed residential solar system in pennsylvania is currently 10 558 after claiming the 26 federal solar tax credit. 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.

Going solar with a pennsylvania solar company like sunrun is a move that will put you in control of your home electricity and reduce your carbon emissions for decades. In addition to the state specific incentives and programs mentioned above you can reduce the cost of your solar panels system by 30 percent thanks to this great government program.