Solar Panel Cost Guide in Lower Gwynedd, PA (Jan 2023)

  • Lower Gwynedd Solar Installation Cost: $11,763
  • 25-Year Savings: $14,882
  • Payback Period: 11.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Lower Gwynedd

We go over average solar pricing in Lower Gwynedd.

The national average cost of solar panels is $2.66 per watt, but in Lower Gwynedd it's $3 per watt. Using this figure, a typical 6.6 would cost about $11,763 before the 30% federal solar tax credit is applied.

The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary quite a bit based on a few factors, such as what size system you need, your energy consumption and what solar installer you go with. But, once you've paid the upfront cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $15,000 over 20 years on energy bills.

To see your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Lower Gwynedd

Year Return on Investment
1 years $-10,697
3 years $-8,566
5 years $-6,434
7 years $-4,302
9 years $-2,171
11 years $-39
13 years $2,093
15 years $4,224
17 years $6,356
19 years $8,487
21 years $10,619
23 years $12,751
25 years $14,882

Top Solar Installers in Lower Gwynedd

Although it's possible to install solar panels yourself, it involves extra effort and know-how. Because of that, most people choose a solar panel installer. Another great thing about using a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.

If you're looking for a solar installer in Lower Gwynedd, the EcoWatch team has put together a list of our top suggestions here:

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

Tesla Energy

★★★★★
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 Lower Gwynedd

Factors that Affect Solar Panel Costs in Lower Gwynedd

Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average in Lower Gwynedd: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.

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 consumes, the larger your system will likely need to be. You can expect to spend about $2,550 per kilowatt in Lower Gwynedd. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Lower Gwynedd, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

If paying for solar panels out of pocket is difficult, solar loans are a popular option because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, 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 hire to install your solar panel system can impact the cost. Lower Gwynedd'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 come at a higher cost. It's best to do some research and find a company that provides the products, warranties and services you want 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 $2.65 $11,138 $13,139 11.5 years
8 kW $2.60 $14,566 $17,804 11.2 years
10 kW $2.55 $17,850 $22,612 11.0 years
12 kW $2.50 $20,992 $27,562 10.8 years
14 kW $2.45 $23,990 $32,656 10.6 years
16 kW $2.40 $26,846 $37,892 10.4 years
18 kW $2.35 $29,560 $43,271 10.1 years
20 kW $2.29 $32,130 $48,793 9.9 years

How to Save on Solar Panels

The solar panel company you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, such as:

  • Solar Panel Brands: The type of solar panel you want to install plays a part in which installer you should opt for, since different companies have different panels.
  • Installation Process: When making the switch to solar power, it's important to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project timeline.
  • Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
  • Contract: Before you sign a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.

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

Tesla Energy

★★★★★
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 Lower Gwynedd, PA Solar Cost FAQs

How much does it cost to install solar panels in Lower Gwynedd?

This is a tough question to answer precisely, because the cost depends on a variety of 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Are solar panels free in Lower Gwynedd?

Solar panels aren't free in Lower Gwynedd, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Is switching to solar power worth it?

Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.

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