Solar Panel Cost Guide in London Grove, PA (2024 Update)
- London Grove Solar Installation Cost: $16,246
- 25-Year Savings: $14,392
- Payback Period: 15.6 Years
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Average Cost of Solar Panels in London Grove
Find out what the average cost of solar panel installation is in London Grove.
In London Grove, solar panels cost about 4 per watt on average.The average London Grove homeowner needs a 6.5-kilowatt system, which would cost about $16,246 with the federal tax credit, or $23,232 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy needs, the type of equipment you choose, your solar contractor and more.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in London Grove can save around $15,000 on their power bills over 20 years.
Click the button below to get connected to a vetted solar panel company in London Grove for a custom estimate.
Solar savings over time in London Grove
| Year | Return on Investment |
|---|---|
| 1 years | $-14,942 |
| 3 years | $-12,333 |
| 5 years | $-9,725 |
| 7 years | $-7,117 |
| 9 years | $-4,509 |
| 11 years | $-1,901 |
| 13 years | $708 |
| 15 years | $3,316 |
| 17 years | $5,924 |
| 19 years | $8,532 |
| 21 years | $11,141 |
| 23 years | $13,749 |
| 25 years | $16,357 |
Top Solar Installers in London Grove
Trying to install solar panels yourself can be a difficult undertaking, which is why hiring a solar installer is a good option for many homeowners. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in London Grove
Factors that Affect Solar Panel Costs in London Grove
The cost of installing a solar system in London Grove can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,550. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the London Grove average.
Solar Financing Terms
Most solar installers in London Grove have solar loans, which reduce your upfront costs of installing a solar system.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in London Grove, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies typically have lower costs, but some local companies compete 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 vehicle 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 | $3.69 | $15,506 | $8,413 | 16.2 years |
| 8 kW | $3.62 | $20,278 | $11,614 | 15.9 years |
| 10 kW | $3.55 | $24,850 | $15,015 | 15.6 years |
| 12 kW | $3.48 | $29,224 | $18,614 | 15.3 years |
| 14 kW | $3.41 | $33,398 | $22,412 | 15.0 years |
| 16 kW | $3.34 | $37,374 | $26,409 | 14.6 years |
| 18 kW | $3.27 | $41,152 | $30,605 | 14.3 years |
| 20 kW | $3.19 | $44,730 | $35,000 | 14.0 years |
How to Save on Solar Panels
There are a large number of companies available in London Grove, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Before you sign a contract with a solar installer, be sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's London Grove, PA Solar Cost FAQs
How much does it cost to install solar panels in London Grove?
The average cost of solar panels in London Grove is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in London Grove?
You can’t get solar panels for free in London Grove. 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.
Do solar panels increase your home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in London Grove is currently $498,360, which means you could be looking at a value of about $20,433 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in London Grove is a rewarding investment.
How long do solar panels last in London Grove?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.