Solar Panel Cost Guide in Berwyn, PA (2023 Update)
- Berwyn Solar Installation Cost: $11,674
- 25-Year Savings: $14,972
- Payback Period: 10.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Berwyn
Find out what the average cost of solar panel installation is in Berwyn.
The average cost of a solar system in Berwyn is 2.55 per watt. To cover the typical energy needs of the average home in Berwyn, most homeowners require a 6.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,674, or $16,694 before the federal solar tax credit of 30% is applied.
The true cost of your system can go higher or lower than the average in Berwyn based on several factors, such as the type of solar panels you choose and the solar contractor you hire. For most homeowners, the upfront investment in solar power is worth paying. On average Berwyn homeowners see about $15,000 in savings on energy bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Berwyn
| Year | Return on Investment |
|---|---|
| 1 years | $-10,608 |
| 3 years | $-8,476 |
| 5 years | $-6,345 |
| 7 years | $-4,213 |
| 9 years | $-2,082 |
| 11 years | $50 |
| 13 years | $2,182 |
| 15 years | $4,313 |
| 17 years | $6,445 |
| 19 years | $8,577 |
| 21 years | $10,708 |
| 23 years | $12,840 |
| 25 years | $14,972 |
Top Solar Installers in Berwyn
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Using a solar panel installer can make your swap to solar power much easier. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Berwyn
Factors that Affect Solar Panel Costs in Berwyn
Even though the average cost of a solar system in Berwyn is $11,674, your actual cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,550. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Berwyn, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Berwyn provide solar loans, which reduce the initial cost of installing solar panels. However, the interest on solar loans also increases your total costs, so it's crucial to consider that as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Berwyn is the company you choose to install your solar panel system. As with choosing a company to build a deck or pool, for instance, there's no shortage of solar installers that provide a range of services at different costs. The company's size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion 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 | $2.65 | $11,138 | $13,316 | 11.4 years |
| 8 kW | $2.60 | $14,566 | $18,041 | 11.2 years |
| 10 kW | $2.55 | $17,850 | $22,908 | 10.9 years |
| 12 kW | $2.50 | $20,992 | $27,918 | 10.7 years |
| 14 kW | $2.45 | $23,990 | $33,070 | 10.5 years |
| 16 kW | $2.40 | $26,846 | $38,366 | 10.3 years |
| 18 kW | $2.35 | $29,560 | $43,804 | 10.1 years |
| 20 kW | $2.29 | $32,130 | $49,385 | 9.9 years |
How to Save on Solar Panels
There are a lot of companies available in Berwyn, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project timeline incentives and warranties.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Berwyn, PA Solar Cost FAQs
What is the average cost of installing solar panels in Berwyn?
The average cost of solar panels in Berwyn is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Berwyn?
A solar panel system isn't free in Berwyn, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is switching to solar power worth it?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.