Solar Panel Cost Guide in Chesterbrook, PA (2024 Update)
- Chesterbrook Solar Installation Cost: $16,246
- 25-Year Savings: $14,976
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Chesterbrook
We go over average solar pricing in Chesterbrook.
While the national average of solar panels is $2.66 per watt, solar panels in Chesterbrook generally cost about 4.Since a 6.5-kW system is needed to cover the energy usage of a typical home in Chesterbrook, the average price of going solar will be about $16,246 after claiming the federal solar tax credit of 0.
These figures are just averages, and the cost of going solar for you will most likely vary based on your specific situation and what company you go with.With average savings of about $15,000 on energy bills over 20 years, many homeowners in Chesterbrook find going solar can be quite rewarding.
Click the button below to get connected to a vetted solar installer in Chesterbrook for a custom estimate.
Solar savings over time in Chesterbrook
| Year | Return on Investment |
|---|---|
| 1 years | $-14,955 |
| 3 years | $-12,375 |
| 5 years | $-9,794 |
| 7 years | $-7,214 |
| 9 years | $-4,633 |
| 11 years | $-2,053 |
| 13 years | $528 |
| 15 years | $3,108 |
| 17 years | $5,689 |
| 19 years | $8,270 |
| 21 years | $10,850 |
| 23 years | $13,431 |
| 25 years | $16,011 |
Top Solar Installers in Chesterbrook
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using a solar company can make switching to solar power much easier. Solar warranties and repairs are usually included in the cost of installation when you hire a solar contractor as well, which can save you more money after your upfront investment.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Chesterbrook
Factors that Affect Solar Panel Costs in Chesterbrook
Even though the average cost of a solar system in Chesterbrook is $16,246, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar panel system you need for your household, 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 around $3,550. There are several different solar panel brands and the one you pick also changes the cost. In general, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a solid route because they cut back your upfront costs and let you pay for your system over five to seven years on average.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 how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $8,948 | 15.9 years |
| 8 kW | $3.62 | $20,278 | $12,329 | 15.5 years |
| 10 kW | $3.55 | $24,850 | $15,908 | 15.2 years |
| 12 kW | $3.48 | $29,224 | $19,686 | 14.9 years |
| 14 kW | $3.41 | $33,398 | $23,662 | 14.6 years |
| 16 kW | $3.34 | $37,374 | $27,838 | 14.3 years |
| 18 kW | $3.27 | $41,152 | $32,212 | 14.0 years |
| 20 kW | $3.19 | $44,730 | $36,785 | 13.7 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Chesterbrook, PA Solar Cost FAQs
How much does it cost to install solar panels in Chesterbrook?
The average cost of solar panels in Chesterbrook 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Chesterbrook?
You can’t get solar panels for free in Chesterbrook. 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.
How will having solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Chesterbrook is currently $476,926, which means you can expect a value of about $19,554 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Chesterbrook is a rewarding investment.
How often do you have to replace solar panels?
Although 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 how much energy they produce will have decreased significantly after that point. You can opt to replace them after having 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.