Why you can trust EcoWatch
Top Solar Installers in Exeter
Although it's possible to install solar panels yourself, it takes extra time and knowledge. For that reason, the majority of homeowners choose to go with a solar panel installer. Plus, if you'd like to maximize your investment in solar power, opting for a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives and net metering programs.
If you'd like to start using solar energy but still aren't certain which solar installer to go with, here are our recommendations for providers nearby:
See all of the solar companies in Exeter
Factors that Affect Solar Panel Costs in Exeter
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Exeter: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment Size
The size of the system you need is one of the largest factors that affects the overall cost of installing solar panels. That's why it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Exeter to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest. Although solar loans make going solar more accessible for Exeter homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Exeter is the company you hire to install your solar panel system. Similar to choosing a company to build a deck or pool, for instance, you'll have many options for solar installers that offer a range of services at different costs. Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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||$2.65||$11,775||$11,506||12.6 years|
|8 kW||$2.60||$15,398||$15,643||12.4 years|
|10 kW||$2.55||$18,870||$19,931||12.2 years|
|12 kW||$2.50||$22,191||$24,370||11.9 years|
|14 kW||$2.45||$25,361||$28,960||11.7 years|
|16 kW||$2.40||$28,380||$33,701||11.4 years|
|18 kW||$2.35||$31,249||$38,593||11.2 years|
|20 kW||$2.29||$33,966||$43,636||10.9 years|
Solar Incentives in Exeter
|Name||Solar Alternative Energy Credits|
|Incentive Amount||Varies based on market conditions; during 2015 the market price for PA-sourced SRECs has ranged from approximately $32 - $55/MWh ($0.032 - $0.055/kWh) although individual trades have taken place at substantially lower and higher prices.|
|Incentive Max||Varies based on market conditions; SACP does not represent a price ceiling because it is only determined after the fact|
|More Info||Click here|
|Name||High Performance Building Incentives Program|
|Incentive Amount||Vary by project, but program generally requires matching funds at least equivalent to DCED funding|
|Incentive Max|| Residential loans/loan guarantees: $100,000 |
Commercial loans/loan guarantees: $2 million
Grants: Lesser of 10% of project costs or $500,000
|More Info||Click here|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
EcoWatch's Exeter, 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.