Solar Energy in Pennsylvania
Pennsylvania could use some room for improvement as far as solar incentives go; there are no statewide or utility-specific rebates offered for residential solar systems. However, there is a net metering law in place which has the potential to dramatically decrease homeowners’ electric bills.
Despite the lacking incentives, when you combine mandatory net metering with the 26% federal tax credit there is potential for great savings when you make the switch to solar in Pennsylvania.
Pennsylvania Solar Power Facts
$2.62 watt
Average cost: 5kW solar power system.
Average Payback time
On average it takes 6 years to pay back the system.
Average Lifetime Savings
On average, solar power can save you $62,858 over your lifetime.
6¢ kWh
This is the levelized cost of solar energy.
35¢ kWh
This is the levelized cost of energy without solar panels.
9,230 kWh
Annual power production of home solar panels.
Ready to get Started?
Take a FREE 30-second survey to find out if you qualify for solar panels.
Questions? Comments? Concerns? Contact us today!
How much do solar panels cost in Pennsylvania?
Before 26% solar tax credit
Before 26% solar tax credit
Ave 15 year term, 2.5% price escalator
What are the pros and cons of installing solar panels in Pennsylvania?
The main advantage of installing solar panels in Pennsylvania is the state’s net metering law, which requires retail sellers of electricity to provide their solar customers with credit that is equal to the retail rate of electricity for the excess generation their systems create. With power prices above the national average, the return on investment for an installation of solar panels in The Keystone State is one of the best in the US. Pennsylvania homeowners can take advantage of the federal solar tax credit, as well.
The disadvantage of installing solar panels is that Pennsylvania receives less sunshine than some other states. This means that a solar system will produce a little less here than it will in sunnier states like Arizona. Also, the state does not require a property tax or sales tax exemption on solar energy equipment like many other states do. Plus, Pennsylvania lacks state and utility solar incentives and rebates.