Solar Panel Cost Guide in Laureldale, PA (2023 Update)
- Laureldale Solar Installation Cost: $11,870
- 25-Year Savings: $13,727
- Payback Period: 11.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Laureldale
We break down average solar pricing in Laureldale.
In Laureldale, solar panels cost about 2.55 per watt on average. The average Laureldale homeowner needs a 6.7-kilowatt system, which would cost about $11,870 with the federal tax credit, or $16,974 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy needs, the type of solar panels you want, your solar contractor and more. With typical savings of about $15,000 on energy bills over 20 years, many homeowners in Laureldale find investing in solar has a decent ROI.
To get a free estimate from a vetted solar company in Laureldale, you can click the button below.
Solar savings over time in Laureldale
| Year | Return on Investment |
|---|---|
| 1 years | $-10,846 |
| 3 years | $-8,799 |
| 5 years | $-6,751 |
| 7 years | $-4,703 |
| 9 years | $-2,655 |
| 11 years | $-607 |
| 13 years | $1,440 |
| 15 years | $3,488 |
| 17 years | $5,536 |
| 19 years | $7,584 |
| 21 years | $9,631 |
| 23 years | $11,679 |
| 25 years | $13,727 |
Top Solar Installers in Laureldale
Although you can install solar panels on your own, it requires extra time and know-how. That's why almost all homeowners choose to hire a solar panel installer. Also, companies with a good reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
If you'd like to go solar but still aren't sure which solar system company to go with, here are our suggestions for providers near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Laureldale
Factors that Affect Solar Panel Costs in Laureldale
Though the average cost of a solar system in Laureldale is $11,870, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to consider.
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 power your household consumes, the larger your system will likely need to be. You can expect to spend about $2,550 per kilowatt in Laureldale. There are many different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Laureldale have solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also increases your all-in costs, so it's important to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Laureldale, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions 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 | $2.65 | $11,138 | $11,953 | 12.1 years |
| 8 kW | $2.60 | $14,566 | $16,223 | 11.8 years |
| 10 kW | $2.55 | $17,850 | $20,636 | 11.6 years |
| 12 kW | $2.50 | $20,992 | $25,192 | 11.4 years |
| 14 kW | $2.45 | $23,990 | $29,890 | 11.1 years |
| 16 kW | $2.40 | $26,846 | $34,731 | 10.9 years |
| 18 kW | $2.35 | $29,560 | $39,715 | 10.7 years |
| 20 kW | $2.29 | $32,130 | $44,842 | 10.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Reputation: Your solar installer should have a sound reputation as a company and have proven 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 positive reviews from previous customers.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Laureldale, PA Solar Cost FAQs
What is the average cost of installing solar panels in Laureldale?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
The initial 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 be mindful of are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
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 uses 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 home 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.