Solar Savings Calculator for Erie, PA
Homeowners in Erie pay an average of $142/month for electricity through Penelec (FirstEnergy). With 3.5 peak sun hours per day, solar panels can significantly reduce your energy costs.
$142
Avg Monthly Bill
17.5¢/kWh
Electricity Rate
3.5h/day
Peak Sun Hours
$43,384
Est. 25-Year Savings
Calculate Your Savings in Erie
Adjust Your Details for Erie, PA
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
8 kW
Panel Count
20 panels
Total System Cost
$22,800
Federal Tax Credit (30%)
-$6,840
Net Cost
$15,960
Annual Savings
$1,704
Payback Period
9.4 years
25-Year Savings
$43,384
Return on Investment
272%
* Estimates based on 3.5 peak sun hours/day in Erie, PA, system cost of $2.85/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Erie
Utility & Permits
- Utility Company
- Penelec (FirstEnergy)
- Permit Cost
- $350
- Permit Timeline
- 2-4 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 8 kW
- Panel Count
- 20 panels
- Gross Cost
- $22,800
- Net Cost (after credits)
- $15,960
Available Incentives for Erie, PA
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Pennsylvania SREC Program
SRECs earned for solar electricity generation, tradeable on the market.
Other Cities in Pennsylvania
More Solar Tools for Erie
Erie Solar IncentivesAll available tax credits and rebatesErie Cost ComparisonSolar vs. grid costs over 25 yearsErie System SizingHow many panels your home needsErie Permits & RegulationsLocal permit requirementsIs Solar Worth It in Erie?Data-driven analysis for your cityErie Financing OptionsCompare loans, leases, and PPAs
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