Residential solar is one of the smartest home renovation projects you can undertake in Pennsylvania. It’ll give your home a new look, transform your roof into a source of energy, drastically bring down your utility expenses, and make a powerful statement that you care about the planet’s future.
The best part? Residential solar isn’t an expense. It’s an investment that will save you tens of thousands of dollars over the next few decades.
However, before you jump on the solar bandwagon, you should know what kind of capital investment you will be making into your solar setup.
How Much Do Solar Panels Cost in PA?
In 2021, the average cost of residential solar installations in Pennsylvania ranged from $12,281 to $20,216, unadjusted for all the financial incentives offered by the government.
The wide price range is a function of the installed capacity of your solar installation. For starters, a standard 4kW solar panel setup would cost $12,281, while a 6kW system would cost $20,216. And, most Pennsylvanians require something between 4kW-6kW systems to meet their power needs.
Once you account for the federal tax credit of 26%, the costs plummet to an average of $8,596 to $14,152. That’s a pretty good deal by any measure.
To determine the cost of your solar installation, you must first determine the ideal capacity required to meet your power needs. You can do that by pouring into your recent monthly power bills. Find out your household’s average monthly power consumption. Then, multiply it by 12 to get your average annual power consumption.
Once you know your annual power consumption needs, you arrive at an approximate size of the solar installation you need to meet those needs.
In Pennsylvania, the average cost per watt of solar panel installations ranges between $2.804 to $4.00, depending on the quality, brand, and power generation efficiency of the solar panels.
By multiplying the average cost per watt of solar panels with the previously determined approximate capacity of solar panels you require. And, that should give you a general idea of the investment you will be making into your solar system.
Get a More Accurate Estimate
The above approximations can be wildly inaccurate depending on how you perform your calculations. There are also other factors to consider like your roof area, roof condition, the energy efficiency of the appliances at your home, and so on, which can affect the size of your solar installation.To get an accurate, no-obligation estimate, get in touch with us.