Solar Panel Cost Guide in Sayre, PA (2024 Update)
- Sayre Solar Installation Cost: $17,555
- 25-Year Savings: $18,952
- Payback Period: 13.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Sayre
Find out what the average cost of a solar system is in Sayre.
In Sayre, solar panels cost about 4 per watt on average.Because a 7.1-kW system is needed to cover the energy needs of a typical home in Sayre, the average price of going solar will be about $17,555 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Sayre homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Even with the high initial cost, the average Sayre homeowner can save about $17,000 on their energy bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a reputable solar panel company in Sayre for a custom quote.
Solar savings over time in Sayre
| Year | Return on Investment |
|---|---|
| 1 years | $-16,077 |
| 3 years | $-13,122 |
| 5 years | $-10,167 |
| 7 years | $-7,212 |
| 9 years | $-4,258 |
| 11 years | $-1,303 |
| 13 years | $1,652 |
| 15 years | $4,607 |
| 17 years | $7,562 |
| 19 years | $10,517 |
| 21 years | $13,472 |
| 23 years | $16,427 |
| 25 years | $19,382 |
Top Solar Installers in Sayre
Although you can install solar panels on your own, it requires extra labor and know-how. Because of that, most people choose to go with a solar panel installer. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be right for your family.
If you're on the hunt for a solar installer in Sayre, we've put together a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Sayre
Factors that Affect Solar Panel Costs in Sayre
The cost of installing a solar system in Sayre can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,550. The type of solar panels and equipment you get is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Sayre, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you select will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that offers the products, warranties and services you want and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $11,300 | 14.5 years |
| 8 kW | $3.62 | $20,278 | $15,465 | 14.2 years |
| 10 kW | $3.55 | $24,850 | $19,828 | 13.9 years |
| 12 kW | $3.48 | $29,224 | $24,390 | 13.6 years |
| 14 kW | $3.41 | $33,398 | $29,151 | 13.3 years |
| 16 kW | $3.34 | $37,374 | $34,110 | 13.1 years |
| 18 kW | $3.27 | $41,152 | $39,269 | 12.8 years |
| 20 kW | $3.19 | $44,730 | $44,626 | 12.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before deciding.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the completion timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Sayre, PA Solar Cost FAQs
What is the average cost of installing solar panels in Sayre?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sayre is currently $174,663, so you can look forward to a value of about $7,161 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Sayre is a fruitful investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.