Solar Panel Cost Guide in Fallowfield, PA (2024 Update)
- Fallowfield Solar Installation Cost: $17,152
- 25-Year Savings: $9,962
- Payback Period: 19.2 Years
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Average Cost of Solar Panels in Fallowfield
Find out what the average cost of installing solar panels is in Fallowfield.
Although the national average of solar panels is $2.66 per watt, solar panels in Fallowfield typically cost around 4.The average solar panel system size in Fallowfield is around 6.9 kilowatts, meaning a cost of about $17,152 for a solar installation, or $24,527 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Fallowfield homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $12,000 in savings on energy bills over 20 years.
To receive a free estimate from a highly rated solar company in Fallowfield, you can click the button below.
Solar savings over time in Fallowfield
| Year | Return on Investment |
|---|---|
| 1 years | $-15,977 |
| 3 years | $-13,627 |
| 5 years | $-11,276 |
| 7 years | $-8,926 |
| 9 years | $-6,575 |
| 11 years | $-4,225 |
| 13 years | $-1,874 |
| 15 years | $476 |
| 17 years | $2,827 |
| 19 years | $5,177 |
| 21 years | $7,528 |
| 23 years | $9,878 |
| 25 years | $12,229 |
Top Solar Installers in Fallowfield
Many homeowners opt for a solar panel installer since figuring out how to install solar panels on your own can be hard. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you’d like to make the switch to solar but still aren’t sure which solar system company to go with, here are our recommendations for providers nearby:
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 Fallowfield
Factors that Affect Solar Panel Costs in Fallowfield
There are a number of criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
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 uses, the larger your system will likely need to be. You can expect to pay around $3,550 per kilowatt in Fallowfield.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Fallowfield, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also adds to your total costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can impact how much it costs. Fallowfield’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that has 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 | $3,863 | 20.0 years |
| 8 kW | $3.62 | $20,278 | $5,548 | 19.6 years |
| 10 kW | $3.55 | $24,850 | $7,432 | 19.2 years |
| 12 kW | $3.48 | $29,224 | $9,515 | 18.9 years |
| 14 kW | $3.41 | $33,398 | $11,796 | 18.5 years |
| 16 kW | $3.34 | $37,374 | $14,277 | 18.1 years |
| 18 kW | $3.27 | $41,152 | $16,956 | 17.7 years |
| 20 kW | $3.19 | $44,730 | $19,834 | 17.3 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose considerably influences your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While 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 be sure to take a look at their list of offerings before deciding.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Fallowfield, PA Solar Cost FAQs
What is the average cost of installing solar panels in Fallowfield?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $645.64 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house 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.