Solar Panel Cost Guide in Norwood, PA (2025 Update)
- Norwood Solar Installation Cost: $16,181
- 25-Year Savings: $15,023
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Norwood
We go over average solar pricing in Norwood.
In Norwood, solar panels cost about 4 per watt on average.Using this figure, a typical 6.5-kW system would cost about $16,181 before the 0 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 making the switch to solar can vary depending on several factors, such as what size system you need, your energy usage and what installation company you go with.But, after you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $16,000 over 20 years on utility bills.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Norwood
Year | Return on Investment |
---|---|
1 years | $-14,890 |
3 years | $-12,310 |
5 years | $-9,729 |
7 years | $-7,149 |
9 years | $-4,568 |
11 years | $-1,988 |
13 years | $593 |
15 years | $3,174 |
17 years | $5,754 |
19 years | $8,335 |
21 years | $10,915 |
23 years | $13,496 |
25 years | $16,076 |
Top Solar Installers in Norwood
Although it's possible to install solar panels yourself, it involves extra energy and expertise. For that reason, most people choose to go with a solar panel installer. Solar warranties and repairs are often included in the cost of installation when you sign a contract with a solar company too, which can save you more money after your initial investment.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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
See all of the solar companies in Norwood
Factors that Affect Solar Panel Costs in Norwood
For many Norwood homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Norwood, 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
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.There are many different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular choice because they reduce your upfront costs and let you pay for your system over five to seven years on average.While solar loans make adopting solar energy more accessible for Norwood homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Norwood is the company you get to install your solar panel system. As with choosing a company to renovate your kitchen, for example, you’ll have many options for solar installers that provide a range of services at different price points.The company’s size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $9,047 | 15.8 years |
8 kW | $3.62 | $20,278 | $12,460 | 15.5 years |
10 kW | $3.55 | $24,850 | $16,072 | 15.2 years |
12 kW | $3.48 | $29,224 | $19,882 | 14.9 years |
14 kW | $3.41 | $33,398 | $23,892 | 14.6 years |
16 kW | $3.34 | $37,374 | $28,100 | 14.3 years |
18 kW | $3.27 | $41,152 | $32,508 | 14.0 years |
20 kW | $3.19 | $44,730 | $37,113 | 13.7 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- 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.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
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
EcoWatch's Norwood, PA Solar Cost FAQs
What is the average cost of installing solar panels in Norwood?
The average cost of solar panels in Norwood is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Norwood?
You can’t get solar panels for free in Norwood. However, you may still be able to get 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.
How much can I save on energy bills after installing solar panels?
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 $818.43 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.