Cost Of Installing Solar Panels In Pennsylvania
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs.
Cost of installing solar panels in pennsylvania. Finding pennsylvania s solar future is a 2017 2019 statewide planning project being led by the dep energy programs office epo to equip pennsylvania to produce more solar energy by 2030. Green energy chronicles is however looking to change that. An average sized solar system is 5 kilowatts kw which means the cost could range from 13 302 to 17 998. 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.
This is 2 38 per watt. Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you. Solar panel costs for an average sized installation in the u s. 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.
How much do solar panels cost in pennsylvania. Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays. How does system size impact the cost of solar. Pennsylvania is one of the best states in the country if you want to go solar but only if you re rich enough.
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. How much do solar panels cost in pennsylvania in 2020. They are custom based on the home roof type shading and utility. We re funded by a 550 000 award from the u s.
Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8 years. From pennsylvania data it is shown that the average cost of a solar panel installation ranges from 12 835 to 17 365. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. As of 2019 the average cost for solar power in pennsylvania is 3 13 w.
Solar panel cost in pennsylvania the average cost for an installed residential solar system in pennsylvania is currently 10 558 after claiming the 26 federal solar tax credit. On a cost per watt w basis a solar panel installation in pennsylvania ranges in price from 2 57 to 3 47. Department of energy sunshot program. How much does it cost to install solar panels in pennsylvania.
Installation for the average 5kw system ranges from 11 100 22 400.