Solar Panel Cost Guide in East Fallowfield, PA (2024 Update)
- East Fallowfield Solar Installation Cost: $16,246
- 25-Year Savings: $13,809
- Payback Period: 15.9 Years
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Average Cost of Solar Panels in East Fallowfield
See how much it might cost to install solar panels in East Fallowfield.
Although the national average of solar panels is $2.66 per watt, solar panels in East Fallowfield generally cost about 4.Because a 6.5-kW system is needed to cover the energy costs of a typical home in East Fallowfield, the average price of going solar will be about $16,246 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of East Fallowfield homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the high initial cost, the average East Fallowfield homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a pre-vetted solar company in East Fallowfield for a quote for your home.
Solar savings over time in East Fallowfield
| Year | Return on Investment |
|---|---|
| 1 years | $-14,900 |
| 3 years | $-12,209 |
| 5 years | $-9,518 |
| 7 years | $-6,827 |
| 9 years | $-4,135 |
| 11 years | $-1,444 |
| 13 years | $1,247 |
| 15 years | $3,938 |
| 17 years | $6,629 |
| 19 years | $9,321 |
| 21 years | $12,012 |
| 23 years | $14,703 |
| 25 years | $17,394 |
Top Solar Installers in East Fallowfield
Trying to install solar panels by yourself can be a challenging task, which is why using a solar installation company is a good option for many homeowners. Another good thing about using a reliable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
There are a number of licensed solar professionals that can take care of your solar installation project. 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
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 East Fallowfield
Factors that Affect Solar Panel Costs in East Fallowfield
Though the average cost of a solar system in East Fallowfield is $16,246, your final cost may differ. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you choose also affects the cost. Usually, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in East Fallowfield to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time because of interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies operating in East Fallowfield, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $7,877 | 16.6 years |
| 8 kW | $3.62 | $20,278 | $10,900 | 16.3 years |
| 10 kW | $3.55 | $24,850 | $14,122 | 15.9 years |
| 12 kW | $3.48 | $29,224 | $17,543 | 15.6 years |
| 14 kW | $3.41 | $33,398 | $21,163 | 15.3 years |
| 16 kW | $3.34 | $37,374 | $24,981 | 15.0 years |
| 18 kW | $3.27 | $41,152 | $28,998 | 14.7 years |
| 20 kW | $3.19 | $44,730 | $33,214 | 14.3 years |
How to Save on Solar Panels
There are numerous companies to choose from in East Fallowfield, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar company, be sure to look it over completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Your solar installer should have a good 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 good reviews from previous customers.
- Warranty: If you care about the longevity of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The kind of solar panel you want to install plays a role in which company you should go with, since different companies offer different panels.
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 East Fallowfield, PA Solar Cost FAQs
What is the average cost of installing solar panels in East Fallowfield?
The average cost of solar panels in East Fallowfield is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in East Fallowfield?
Solar panels aren’t free in East Fallowfield, 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 can further reduce the cost.
How much can I save on electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout East Fallowfield, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.