Solar Panel Cost Guide in Forward, PA (Jan 2023)
- Forward Solar Installation Cost: $12,441
- 25-Year Savings: $12,071
- Payback Period: 12.7 Years
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Top Solar Installers in Forward
When making the switch to solar, many homeowners decide to hire a solar company since installing a solar system yourself can be a challenging project. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be best for you.
If you're on the hunt for a solar installer in Forward, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Forward
Factors that Affect Solar Panel Costs in Forward
The cost of installing a solar system in Forward can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. There are a lot of different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you choose 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Forward, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can influence your pricing. Forward's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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||$11,138||$9,962||13.2 years|
|8 kW||$2.60||$14,566||$13,568||12.9 years|
|10 kW||$2.55||$17,850||$17,318||12.7 years|
|12 kW||$2.50||$20,992||$21,210||12.4 years|
|14 kW||$2.45||$23,990||$25,244||12.2 years|
|16 kW||$2.40||$26,846||$29,422||11.9 years|
|18 kW||$2.35||$29,560||$33,742||11.7 years|
|20 kW||$2.29||$32,130||$38,205||11.4 years|
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Different companies offer different brands and models of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
EcoWatch's Forward, 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.