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

  • Lower Oxford Solar Installation Cost: $11,674
  • 25-Year Savings: $14,038
  • Payback Period: 11.3 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 Oxford

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

The average cost of a solar system in Lower Oxford is $3 per watt. The average solar panel system size in Lower Oxford is around 6.5 kilowatts, meaning a cost of about $11,674 for a solar installation, or $8,639 after the 30% federal solar tax credit is applied.

The true cost of your system can go higher or lower than the average in Lower Oxford based on a few factors, such as the model of solar panels you choose and the solar installer you hire. For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $15,000 in savings on utility bills over 20 years.

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

Solar savings over time in Lower Oxford

Year Return on Investment
1 years $-10,645
3 years $-8,588
5 years $-6,532
7 years $-4,475
9 years $-2,418
11 years $-361
13 years $1,696
15 years $3,753
17 years $5,810
19 years $7,867
21 years $9,924
23 years $11,981
25 years $14,038

Top Solar Installers in Lower Oxford

When switching to solar energy, many homeowners decide to hire a solar installer since overseeing your solar installation yourself can be a challenging project. The payback period of solar panels will vary based on factors like your roof configuration and energy needs, but going with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.

Working with a vetted solar company can make going solar easier. Here are our recommendations:

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 Oxford

Factors that Affect Solar Panel Costs in Lower Oxford

The cost of installing a solar system in Lower Oxford can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,550. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Lower Oxford, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar installers in Lower Oxford provide solar loans, which reduce your upfront costs of installing a solar system. Although solar loans make going solar more accessible for Lower Oxford homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

Lastly, the company you get to install your solar panels can influence your pricing. Lower Oxford's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Lower Oxford know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 $12,459 11.8 years
8 kW $2.60 $14,566 $16,898 11.6 years
10 kW $2.55 $17,850 $21,479 11.3 years
12 kW $2.50 $20,992 $26,203 11.1 years
14 kW $2.45 $23,990 $31,070 10.9 years
16 kW $2.40 $26,846 $36,080 10.7 years
18 kW $2.35 $29,560 $41,233 10.4 years
20 kW $2.29 $32,130 $46,528 10.2 years

How to Save on Solar Panels

There are numerous companies to choose from in Lower Oxford, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:

  • Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
  • Contract: Though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.

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 Oxford, PA Solar Cost FAQs

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

The average cost of solar panels in Lower Oxford 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Lower Oxford?

Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.

Can you sell solar power back to the grid in Lower Oxford?

Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.

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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