Solar Panel Cost Guide in Chadds Ford, PA (2025 Update)
- Chadds Ford Solar Installation Cost: $16,181
- 25-Year Savings: $15,023
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Chadds Ford
Let’s have a look at the average cost of solar in Chadds Ford.
The average cost of a solar panel system in Chadds Ford is 4 per watt.The average Chadds Ford homeowner needs a 6.5-kilowatt system, which would cost about $16,181 with the federal tax credit, or $23,139 before the 0 tax credit is applied.
These figures are only averages, and how much solar costs for you will look different based on the amount of energy your home requires and what company you go with.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Chadds Ford can save around $16,000 on their power bills over 20 years.
Click the button below to get connected to a vetted solar installer in Chadds Ford for a personalized estimate.
Solar savings over time in Chadds Ford
| Year | Return on Investment |
|---|---|
| 1 years | $-14,890 |
| 3 years | $-12,310 |
| 5 years | $-9,729 |
| 7 years | $-7,149 |
| 9 years | $-4,568 |
| 11 years | $-1,988 |
| 13 years | $593 |
| 15 years | $3,174 |
| 17 years | $5,754 |
| 19 years | $8,335 |
| 21 years | $10,915 |
| 23 years | $13,496 |
| 25 years | $16,076 |
Top Solar Installers in Chadds Ford
Although you can install solar panels on your own, it requires extra labor and know-how. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Local solar installers can also help you optimize your return on investment by assisting with any local incentives you can benefit from and by offering warranties and repairs.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
See all of the solar companies in Chadds Ford
Factors that Affect Solar Panel Costs in Chadds Ford
For many Chadds Ford homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Chadds Ford, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,550. The type of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on 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
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Chadds Ford, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Chadds Ford, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that provides the products, warranties and services you’re looking for and also fits within your budget.
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 | $9,047 | 15.8 years |
| 8 kW | $3.62 | $20,278 | $12,460 | 15.5 years |
| 10 kW | $3.55 | $24,850 | $16,072 | 15.2 years |
| 12 kW | $3.48 | $29,224 | $19,882 | 14.9 years |
| 14 kW | $3.41 | $33,398 | $23,892 | 14.6 years |
| 16 kW | $3.34 | $37,374 | $28,100 | 14.3 years |
| 18 kW | $3.27 | $41,152 | $32,508 | 14.0 years |
| 20 kW | $3.19 | $44,730 | $37,113 | 13.7 years |
How to Save on Solar Panels
The solar company you choose will influence 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, including:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which kind 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 options before making your decision.
- Contract: Though reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
EcoWatch's Chadds Ford, PA Solar Cost FAQs
What is the average cost of installing solar panels in Chadds Ford?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How long do solar panels last in Chadds Ford?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use 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.