Solar Panel Cost Guide in Telford, PA (Mar 2023)
- Telford Solar Installation Cost: $11,745
- 25-Year Savings: $13,733
- Payback Period: 11.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Telford
Here's how much it might cost to switch to solar power in Telford.
The average cost of solar panels in Telford is 2.55 per watt. Because a 6.6-kW system is needed to cover the energy needs of a typical home in Telford, the average price of going solar will be about $11,745 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more. For most homeowners, the upfront investment in solar power is worth paying. On average Telford homeowners see about $15,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a customized estimate.
Solar savings over time in Telford
| Year | Return on Investment |
|---|---|
| 1 years | $-10,726 |
| 3 years | $-8,688 |
| 5 years | $-6,650 |
| 7 years | $-4,611 |
| 9 years | $-2,573 |
| 11 years | $-535 |
| 13 years | $1,503 |
| 15 years | $3,542 |
| 17 years | $5,580 |
| 19 years | $7,618 |
| 21 years | $9,656 |
| 23 years | $11,695 |
| 25 years | $13,733 |
Top Solar Installers in Telford
Many homeowners opt for a solar installer since installing solar panels by yourself can be challenging. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy needs, but working with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
If you're looking for a solar installer in Telford, we've put together a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Telford
Factors that Affect Solar Panel Costs in Telford
While the average cost of a solar system in Telford is $11,745, your actual cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar energy 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 around $2,550. The brand of solar panels and equipment you want is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Plus, solar equipment is more than 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 searching for a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a popular route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. It's a good idea to add 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
A final factor to consider when trying to evaluate the cost of solar for your home or business in Telford is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that offer a range of services for different budgets. Additionally, some companies in Telford 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 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 | $12,078 | 12.0 years |
| 8 kW | $2.60 | $14,566 | $16,390 | 11.8 years |
| 10 kW | $2.55 | $17,850 | $20,845 | 11.5 years |
| 12 kW | $2.50 | $20,992 | $25,442 | 11.3 years |
| 14 kW | $2.45 | $23,990 | $30,182 | 11.1 years |
| 16 kW | $2.40 | $26,846 | $35,065 | 10.8 years |
| 18 kW | $2.35 | $29,560 | $40,091 | 10.6 years |
| 20 kW | $2.29 | $32,130 | $45,259 | 10.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The brand of solar panel you need plays a part in which installer you should choose, since different companies provide different panels.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Telford, PA Solar Cost FAQs
How much does it cost to install solar panels in Telford?
This is a tough question to answer exactly, because the cost depends on a few different 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Telford?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Does Telford have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home 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.