Solar Panel Cost Guide in Bedminster, PA (2024 Update)
- Bedminster Solar Installation Cost: $16,360
- 25-Year Savings: $14,026
- Payback Period: 15.9 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Bedminster
Let’s take a look at the average cost of solar panels in Bedminster.
Although the national average of solar panels is $2.66 per watt, solar panels in Bedminster generally cost about 4.Using this figure, a typical 6.6-kW system would cost about $16,360 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what company you go with.Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Bedminster can save around $15,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Bedminster
Year | Return on Investment |
---|---|
1 years | $-15,087 |
3 years | $-12,541 |
5 years | $-9,995 |
7 years | $-7,449 |
9 years | $-4,903 |
11 years | $-2,357 |
13 years | $189 |
15 years | $2,735 |
17 years | $5,281 |
19 years | $7,826 |
21 years | $10,372 |
23 years | $12,918 |
25 years | $15,464 |
Top Solar Installers in Bedminster
Many homeowners decide to hire a solar installation company since trying to put up solar panels on your own can be hard. Since solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Bedminster:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Bedminster
Factors that Affect Solar Panel Costs in Bedminster
For many Bedminster homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Bedminster, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $3,550 per kilowatt in Bedminster.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive 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 more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Bedminster have solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also adds to your overall costs, so it’s vital to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installation company you select will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Bedminster know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.69 | $15,506 | $7,986 | 16.5 years |
8 kW | $3.62 | $20,278 | $11,046 | 16.2 years |
10 kW | $3.55 | $24,850 | $14,305 | 15.9 years |
12 kW | $3.48 | $29,224 | $17,762 | 15.5 years |
14 kW | $3.41 | $33,398 | $21,418 | 15.2 years |
16 kW | $3.34 | $37,374 | $25,273 | 14.9 years |
18 kW | $3.27 | $41,152 | $29,327 | 14.6 years |
20 kW | $3.19 | $44,730 | $33,579 | 14.3 years |
How to Save on Solar Panels
There are numerous companies available in Bedminster, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Warranty: If you care about the endurance of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
- Contract: When looking through your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Bedminster, PA Solar Cost FAQs
What is the average cost of installing solar panels in Bedminster?
The average cost of solar panels in Bedminster is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Bedminster?
You can’t get solar panels for free in Bedminster. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How long do solar panels last in Bedminster?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.