How much do solar panels cost?

This is lower than the average price of residential solar power systems across the United States which is currently $3.00 per watt. The size of a solar panel system also plays a role in how much the installation will cost. Larger solar installations will typically have a lower cost per watt, because the panels can be purchased at a ‘bulk price’.

How much do solar panels cost in Pennsylvania?

As of August 2024, the average solar panel system costs $2.84/W including installation in Pennsylvania. For a 5 kW installation, this comes out to about $14,183 before incentives, though prices range from $12,056 to $16,310. After the federal tax credit, the average price drops by 30%. You'll probably pay even less than what we show here.

Is going solar in Pennsylvania a good investment?

Given the numerous incentives, tax credits and the decreasing cost of solar panel systems, it’s clear that going solar in Pennsylvania can be a worthwhile investment. Pennsylvania offers several solar incentives, including net metering and the Pennsylvania Sunshine Program.

Are solar panels tax deductible in Pennsylvania?

The federal solar investment tax credit is usually the most significant financial incentive when buying solar panels. It is not a rebate or a refund but goes toward what you owe on federal income taxes. In Pennsylvania, you can lease a system or enter a power purchase agreement with low upfront costs.

How much do solar panels cost in Scranton PA?

Scranton, PA, solar panels cost $27,000 on average, with full installation, including labor. You’ll pay anywhere from $18,000 to $36,000. Scranton, PA per kilowatt hour cost for solar tends to be slightly higher than other places in Pennsylvania, possibly due to the cost of living.

Are there solar rebates in Pennsylvania?

There are three rebates in Pennsylvania you’ll want to pay attention to if you install solar panels. One of them is specific to Philadelphia, but the first two are available to any resident of the state of Pennsylvania. If you install Solar PV systems before 2034, you’ll receive a Federal Solar Tax Credit of 30% with no maximum cap.