Solar Panel Cost Guide in Bryn Mawr, PA (Jan 2023)
- Bryn Mawr Solar Installation Cost: $11,692
- 25-Year Savings: $14,954
- Payback Period: 11.0 Years
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Top Solar Installers in Bryn Mawr
Although you can install solar panels by yourself, it requires extra energy and know-how. For that reason, most homeowners choose a solar panel installer. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some near you:
See all of the solar companies in Bryn Mawr
Factors that Affect Solar Panel Costs in Bryn Mawr
For many Bryn Mawr homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Bryn Mawr, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
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 spend around $2,550 per kilowatt in Bryn Mawr. The brand of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to make decisions 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 searching for a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Bryn Mawr, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. Though solar loans make going solar more accessible for Bryn Mawr homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you pick will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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||$2.65||$11,138||$13,277||11.4 years|
|8 kW||$2.60||$14,566||$17,988||11.2 years|
|10 kW||$2.55||$17,850||$22,842||11.0 years|
|12 kW||$2.50||$20,992||$27,838||10.7 years|
|14 kW||$2.45||$23,990||$32,978||10.5 years|
|16 kW||$2.40||$26,846||$38,260||10.3 years|
|18 kW||$2.35||$29,560||$43,685||10.1 years|
|20 kW||$2.29||$32,130||$49,253||9.9 years|
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose significantly affects your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
EcoWatch's Bryn Mawr, PA Solar Cost FAQs
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.