Solar Panel Cost Guide in Lower Providence, PA (Nov 2022)

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

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Lower Providence

Here's how much it might cost to switch to solar power in Lower Providence.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Lower Providence, the typical cost of a solar system is $3 per watt. The average solar panel system size in Lower Providence is around 6.6 kilowatts, meaning a cost of about $11,763 for a solar installation, or $8,705 after the 30% federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Lower Providence homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the upfront cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $15,000 over 20 years on utility bills.

You can click the button below to get connected with a top solar company in Lower Providence for a quote for your home.

Solar savings over time in Lower Providence

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 Providence

When going solar, many homeowners opt to use a solar company since putting up solar panels yourself can be a difficult project. Also, if you'd like to maximize your investment in solar energy, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.

You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:

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 Providence

Factors that Affect Solar Panel Costs in Lower Providence

For many Lower Providence homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Lower Providence, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment

The size of the solar panel system you need for your household is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,550. There are a lot of different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Lower Providence homeowners opt to finance their solar panel systems to offset upfront costs. When figuring out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.

Solar Panel Installation Company

A final factor to consider when trying to evaluate the cost of solar for your home or business in Lower Providence is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services at different costs. Additionally, some companies in Lower Providence 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 end up saving you 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 $13,139 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

There are a large number of companies to choose from in Lower Providence, 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:

  • Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
  • Contract: Before you sign a contract with a solar company, make sure you look it over fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

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 Providence, PA Solar Cost FAQs

What is the average cost of installing solar panels in Lower Providence?

This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.

What other factors should I consider apart from cost when buying solar panels?

Cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Can solar panels completely eradicate my energy 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 $809.23 per year.

How often do you have to replace solar panels?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to 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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