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Top Solar Installers in Media
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Going with a solar panel installer can make your switch to solar power much easier. Another upside of using a solar installer is that they can help you optimize your return of investment by reducing your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Media
Factors that Affect Solar Panel Costs in Media
There are several factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment Size
The size of the solar system you need for your home is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,550. The kind of solar panels and equipment you want is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Media homeowners opt to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of loans, including the total 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The last major cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Media, you'll have many 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 access to specific equipment options like Tesla Powerwall batteries or additional 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||$2.65||$11,138||$13,415||11.3 years|
|8 kW||$2.60||$14,566||$18,172||11.1 years|
|10 kW||$2.55||$17,850||$23,072||10.9 years|
|12 kW||$2.50||$20,992||$28,114||10.7 years|
|14 kW||$2.45||$23,990||$33,300||10.5 years|
|16 kW||$2.40||$26,846||$38,628||10.3 years|
|18 kW||$2.35||$29,560||$44,100||10.0 years|
|20 kW||$2.29||$32,130||$49,713||9.8 years|
Solar Incentives in Media
|Name||Solar Alternative Energy Credits|
|Incentive Amount||Varies based on market conditions; during 2015 the market price for PA-sourced SRECs has ranged from approximately $32 - $55/MWh ($0.032 - $0.055/kWh) although individual trades have taken place at substantially lower and higher prices.|
|Incentive Max||Varies based on market conditions; SACP does not represent a price ceiling because it is only determined after the fact|
|More Info||Click here|
|Name||High Performance Building Incentives Program|
|Incentive Amount||Vary by project, but program generally requires matching funds at least equivalent to DCED funding|
|Incentive Max|| Residential loans/loan guarantees: $100,000 |
Commercial loans/loan guarantees: $2 million
Grants: Lesser of 10% of project costs or $500,000
|More Info||Click here|
How to Save on Solar Panels
There are a large number of companies to choose from in Media, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected 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 get the job done well. Another way you can verify your installer's reputation is by reading reviews.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Different companies carry various brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
EcoWatch's Media, PA Solar Cost FAQs
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.