With power rates increasing year after year our solar arrays provide stable rates of return for decades to come.
Cost of solar panels in pittsburgh.
In pennsylvania the average solar payback period is 10 66 years.
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.
In addition to powerhome solar s financing and 0 down options for qualified homeowners there may be additional federal state and local incentives and rebates you can take advantage of as well.
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.
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.
Solar panel cost data pennsylvania 2020 updated.
This is lower than the average price of residential solar power systems across the united states which is currently 2 64 per.
Regardless of the exact cost of installation there are many affordable financing options for solar panel systems.
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.
The figures below show the total cost of solar power in pittsburgh and the estimated payback or break even period.
Our solar installations generally pay for themselves in 7 10 years.
10 buying solar in pittsburgh is like fixing the cost of your electricity for the next 30 years.
You can also get a loan lease the system or set up a power purchase agreement ppa.
With energy prices on the rise this may be the perfect time.
The numbers below assumes you want to buy the system outright.
Cost of solar panels in pittsburgh pa.
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.
Compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing pittsburgh.
Solar in pittsburgh not only helps the environment and makes you more energy independent it s also a great investment.