Solar Panel Cost Guide in Haverford, PA (Sep 2022)

  • Haverford Solar Installation Cost: $11,620
  • 25-Year Savings: $15,025
  • Payback Period: 10.9 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Haverford

Let's take a look at the average cost of solar panels in Haverford.

The national average cost of solar panels is $2.66 per watt, but in Haverford it's $3 per watt. The average Haverford homeowner needs a 6.5-kilowatt system, which would cost about $11,620, or $8,599 after the federal solar tax credit of 30% is applied.

These figures are just estimates, and how much solar costs for you will most likely differ based on your energy needs and what company you go with. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Haverford can save around $16,000 on their power bills over 20 years.

For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Haverford

Year Return on Investment
1 years $-10,555
3 years $-8,423
5 years $-6,291
7 years $-4,160
9 years $-2,028
11 years $104
13 years $2,235
15 years $4,367
17 years $6,499
19 years $8,630
21 years $10,762
23 years $12,894
25 years $15,025

Top Solar Installers in Haverford

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with a solar company can make your switch to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.

You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Haverford:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Haverford

Factors that Affect Solar Panel Costs in Haverford

Although the average cost of solar panels in Haverford is $11,620, your final cost may be above or below the average. 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 important things to consider.

Solar Equipment Size

Size is one of the largest factors that determines the overall cost of installing solar panels. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Haverford average.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Haverford, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your total costs, so it's important to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

The solar company you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Haverford, and each can charge varying amounts for labor and equipment. Additionally, some companies in Haverford are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.

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 $13,415 11.3 years
8 kW $2.60 $14,566 $18,172 11.1 years
10 kW $2.55 $17,850 $23,072 10.9 years
12 kW $2.50 $20,992 $28,114 10.7 years
14 kW $2.45 $23,990 $33,300 10.5 years
16 kW $2.40 $26,846 $38,628 10.3 years
18 kW $2.35 $29,560 $44,100 10.0 years
20 kW $2.29 $32,130 $49,713 9.8 years

Solar Incentives in Haverford

Name High Performance Buildings Incentive Program
Website Visit here
More Info Click here

Name City of Philadelphia - Solar Rebate Program
Website Visit here
More Info Click here

Name Wind and Geothermal Incentives Program
Website Visit here
More Info Click here

Name Solar Alternative Energy Credits
Website Visit here
More Info Click here

Name High Performance Building Incentives Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar installer you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:

  • Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
  • Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
  • Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Haverford, PA Solar Cost FAQs

What is the average cost of installing solar panels in Haverford?

The average cost of solar panels in Haverford is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Haverford?

You can't get solar panels for free in Haverford. However, you may still be able to install 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.

Can solar panels eliminate my electricity bills?

Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $818.43 per year.

How often do you have to replace solar panels?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can 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.

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