Solar Panel Cost Guide in Bristol, PA (2024 Update)
- Bristol Solar Installation Cost: $16,360
- 25-Year Savings: $14,894
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Bristol
Let’s have a look at the average cost of solar panels in Bristol.
The average cost of solar panels in Bristol is 4 per watt.The average solar panel system size in Bristol is around 6.6 kilowatts, meaning a cost of about $16,360 for a solar installation, or $23,395 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Bristol homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $15,000 over 20 years on electricity bills.
To get a free estimate from a highly rated solar installation company in Bristol, you can click the button below.
Solar savings over time in Bristol
Year | Return on Investment |
---|---|
1 years | $-15,070 |
3 years | $-12,489 |
5 years | $-9,908 |
7 years | $-7,328 |
9 years | $-4,747 |
11 years | $-2,167 |
13 years | $414 |
15 years | $2,994 |
17 years | $5,575 |
19 years | $8,155 |
21 years | $10,736 |
23 years | $13,317 |
25 years | $15,897 |
Top Solar Installers in Bristol
When switching to solar energy, many homeowners decide to hire a solar installation company since installing a solar system yourself can be a challenging project. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance in the long run.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in Bristol:
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 Bristol
Factors that Affect Solar Panel Costs in Bristol
For many Bristol homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Bristol, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,550.The brand of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
Most solar companies in Bristol provide solar loans, which reduce your upfront costs of installing solar.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Bristol, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $8,778 | 16.0 years |
8 kW | $3.62 | $20,278 | $12,101 | 15.7 years |
10 kW | $3.55 | $24,850 | $15,623 | 15.3 years |
12 kW | $3.48 | $29,224 | $19,344 | 15.0 years |
14 kW | $3.41 | $33,398 | $23,264 | 14.7 years |
16 kW | $3.34 | $37,374 | $27,383 | 14.4 years |
18 kW | $3.27 | $41,152 | $31,701 | 14.1 years |
20 kW | $3.19 | $44,730 | $36,217 | 13.8 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Bristol, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
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 Bristol, PA Solar Cost FAQs
What is the average cost of installing solar panels in Bristol?
The average cost of solar panels in Bristol 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 use.
Should I lease or buy solar panels in Bristol?
Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $809.47 per year.
How often do you have to replace solar panels?
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 once you've had 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.
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.