Solar Savings Calculator for Reading, PA
Homeowners in Reading pay an average of $148/month for electricity through Met-Ed (FirstEnergy). With 4.1 peak sun hours per day, solar panels can significantly reduce your energy costs.
$148
Avg Monthly Bill
18¢/kWh
Electricity Rate
4.1h/day
Peak Sun Hours
$48,285
Est. 25-Year Savings
Calculate Your Savings in Reading
Adjust Your Details for Reading, PA
$
$50$1,000
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Your Estimated Solar Savings
System Size
6.8 kW
Panel Count
17 panels
Total System Cost
$19,380
Federal Tax Credit (30%)
-$5,814
Net Cost
$13,566
Annual Savings
$1,776
Payback Period
7.6 years
25-Year Savings
$48,285
Return on Investment
356%
* Estimates based on 4.1 peak sun hours/day in Reading, 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 Reading
Utility & Permits
- Utility Company
- Met-Ed (FirstEnergy)
- Permit Cost
- $375
- Permit Timeline
- 3-5 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 6.8 kW
- Panel Count
- 17 panels
- Gross Cost
- $19,380
- Net Cost (after credits)
- $13,566
Available Incentives for Reading, 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 Reading
Reading Solar IncentivesAll available tax credits and rebatesReading Cost ComparisonSolar vs. grid costs over 25 yearsReading System SizingHow many panels your home needsReading Permits & RegulationsLocal permit requirementsIs Solar Worth It in Reading?Data-driven analysis for your cityReading Financing OptionsCompare loans, leases, and PPAs
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