How Much Money Can You Save with Solar Panels in Pennsylvania?
As more homeowners in Pennsylvania look for ways to lower their energy bills and reduce their reliance on traditional utilities, solar energy has emerged as a reliable and cost-effective solution. However, many still wonder just how much money they can actually save by installing solar panels
At O’Donnell Solar Co., we help homeowners throughout Pennsylvania take advantage of solar power to maximize their energy savings. From installation to financial incentives, we ensure that our customers get the best return on their investment. In this guide, we’ll break down the costs, incentives, and long-term savings of going solar in Pennsylvania—and show you why O’Donnell Solar Co. is the best partner for your solar journey.
Understanding Solar Panel Costs in Pennsylvania
Average Installation Costs
The cost of a solar panel system in Pennsylvania varies depending on system size, panel type, and installation complexity. On average, a 7.2 kW solar system costs approximately $15,926 after applying the federal tax credit. Smaller or larger systems will adjust accordingly, but every system offers the opportunity for significant long-term savings.
Factors Influencing Costs
Several factors determine the cost of a solar energy system, including:
- System Size & Energy Needs – Larger homes or higher electricity usage require more panels.
- Quality of Equipment – Premium panels and inverters may have a higher initial cost but provide greater efficiency and durability.
- Installation Complexity – Factors such as roof type, shading, and panel placement impact labor and material costs.
- Local Labor & Permitting Fees – Certain areas may have different permit requirements that influence the total project cost.
At O’Donnell Solar Co., we help homeowners design a system that fits their budget while maximizing energy output. We work closely with our customers to ensure they receive the highest-quality installation at the best possible price.
Financial Incentives and Rebates
Federal Incentives
One of the most significant savings opportunities for Pennsylvania homeowners is the 30% Residential Clean Energy Credit, which applies to new solar installations. This federal tax credit significantly reduces the upfront cost of going solar and is available through 2032.
State Incentives
Pennsylvania also offers the Solar Renewable Energy Credits (SRECs) program, which allows homeowners to sell excess solar energy back to the grid. Homeowners can earn credits for every megawatt-hour of electricity their solar system generates, leading to additional savings.
Local Incentives
Some Pennsylvania cities offer additional rebates. For example, Philadelphia’s Solar Rebate Program provides $0.20 per watt for residential solar installations, further reducing costs for homeowners in the area.
At O’Donnell Solar Co., we help our customers navigate these incentives to ensure they receive the maximum financial benefits available. If you’re unsure which rebates apply to your area, contact us today for a consultation.
Calculating Potential Savings
Reduction in Electricity Bills
The amount of money you save depends on your current electricity usage and the size of your solar system. A typical 5 kW system in Pennsylvania can save homeowners approximately $74,393 over 25 years, drastically reducing reliance on utility companies.
Return on Investment (ROI)
The payback period for solar in Pennsylvania is around 7.19 years on average. After that point, homeowners enjoy decades of free electricity, making solar one of the best investments for long-term energy savings.
O’Donnell Solar Co. ensures that every system is designed for optimal efficiency, maximizing financial savings for our customers. If you’re interested in understanding your potential ROI, our team can provide a custom estimate.
Additional Benefits of Going Solar
Increased Property Value
Studies show that homes with solar panels sell faster and for higher prices than homes without them. Potential buyers see solar as an asset, making it a smart investment even if you plan to sell your home in the future.
Environmental Impact
Switching to solar energy not only reduces electricity costs but also helps lower carbon emissions and promotes clean energy adoption. By installing solar panels, Pennsylvania homeowners play a key role in creating a more sustainable future.
Contact O’Donnell Solar Co. Today
Installing solar panels in Pennsylvania is one of the best financial and environmental investments homeowners can make. With federal and state incentives, rapidly rising utility rates, and significant long-term savings, now is the perfect time to make the switch.
At O’Donnell Solar Co., we make transitioning to solar easy, affordable, and stress-free. Our expert team is here to guide you through every step, from assessing your home’s energy needs to helping you secure financial incentives.
Contact O’Donnell Solar Co. today for a free consultation and see how much money you can save with solar.
