Solar Panel Cost Guide in Wilmington Manor, DE (2025 Update)
- Wilmington Manor Solar Installation Cost: $14,456
- 25-Year Savings: $16,349
- Payback Period: 12.7 Years
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Average Cost of Solar Panels in Wilmington Manor
See how much it might cost to make the switch to solar in Wilmington Manor.
The average cost of a solar system in Wilmington Manor is 3 per watt.The average solar panel system size in Wilmington Manor is around 6.7 kilowatts, meaning a cost of about $14,456 for a solar installation, or $20,672 before the 0 federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you will vary based on your energy needs and what company you go with.With average savings of about $16,000 on power bills over 20 years, many homeowners in Wilmington Manor find installing solar panels can be quite rewarding.
Click the button below to get connected to a top solar company in Wilmington Manor for a customized quote.
Solar savings over time in Wilmington Manor
| Year | Return on Investment |
|---|---|
| 1 years | $-13,055 |
| 3 years | $-10,253 |
| 5 years | $-7,451 |
| 7 years | $-4,649 |
| 9 years | $-1,847 |
| 11 years | $956 |
| 13 years | $3,758 |
| 15 years | $6,560 |
| 17 years | $9,362 |
| 19 years | $12,164 |
| 21 years | $14,966 |
| 23 years | $17,768 |
| 25 years | $20,570 |
Top Solar Installers in Wilmington Manor
Many homeowners opt for a solar installer since figuring out how to install solar panels yourself can be time-consuming. The expertise that solar installers offer can be valuable as well, particularly if you don’t quite know what type of solar equipment would be right for your home.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
See all of the solar companies in Wilmington Manor
Factors that Affect Solar Panel Costs in Wilmington Manor
Although the average cost of a solar system in Wilmington Manor is $14,456, your final cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $3,090 per kilowatt in Wilmington Manor.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Wilmington Manor, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.Though solar loans make going solar more accessible for Wilmington Manor homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Wilmington Manor, and each can charge different amounts for labor and equipment.The company’s size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.21 | $13,497 | $12,016 | 13.2 years |
| 8 kW | $3.15 | $17,650 | $16,367 | 13.0 years |
| 10 kW | $3.09 | $21,630 | $20,891 | 12.7 years |
| 12 kW | $3.03 | $25,437 | $25,589 | 12.5 years |
| 14 kW | $2.97 | $29,071 | $30,459 | 12.2 years |
| 16 kW | $2.90 | $32,532 | $35,503 | 12.0 years |
| 18 kW | $2.84 | $35,819 | $40,719 | 11.7 years |
| 20 kW | $2.78 | $38,934 | $46,109 | 11.4 years |
How to Save on Solar Panels
The solar company you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, such as:
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: Before you sign a contract with a solar company, make sure to look it over fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
EcoWatch's Wilmington Manor, DE Solar Cost FAQs
What is the average cost of installing solar panels in Wilmington Manor?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $15,450 for a 5-kW system and $30,900 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Wilmington Manor?
Solar panels aren’t free in Wilmington Manor, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is making the switch to solar worth it?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Wilmington Manor?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.