Solar Panel Cost Guide in Telford, PA (2024 Update)
- Telford Solar Installation Cost: $16,362
- 25-Year Savings: $13,725
- Payback Period: 16.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Telford
Find out what the average cost of installing solar panels is in Telford.
The national average cost of solar panels is $2.66 per watt, but in Telford it’s 4 per watt.To cover the typical energy usage of the average home in Telford, most homeowners require a 6.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $16,362, or $23,398 before the federal solar tax credit of 0 is applied.
How much you pay can be above or below the average in Telford depending on several factors, such as the brand of solar panels you choose and the solar installer you hire.Many homeowners find going solar is a sound investment. The average homeowner in Telford can save around $15,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar panel company in Telford for a personalized estimate.
Solar savings over time in Telford
| Year | Return on Investment |
|---|---|
| 1 years | $-15,017 |
| 3 years | $-12,325 |
| 5 years | $-9,634 |
| 7 years | $-6,943 |
| 9 years | $-4,252 |
| 11 years | $-1,561 |
| 13 years | $1,131 |
| 15 years | $3,822 |
| 17 years | $6,513 |
| 19 years | $9,204 |
| 21 years | $11,895 |
| 23 years | $14,586 |
| 25 years | $17,278 |
Top Solar Installers in Telford
Many homeowners choose to hire a solar installer since figuring out how to install solar panels yourself can be a labor-intensive endeavor. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you’d like to start using solar energy but still aren’t certain which solar company to go with, here are our suggestions for providers nearby:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Telford
Factors that Affect Solar Panel Costs in Telford
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that determine your overall cost in Telford: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Telford, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by around $3,550 for each additional kilowatt you need.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Telford average.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you pick will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $7,710 | 16.7 years |
| 8 kW | $3.62 | $20,278 | $10,678 | 16.4 years |
| 10 kW | $3.55 | $24,850 | $13,845 | 16.1 years |
| 12 kW | $3.48 | $29,224 | $17,210 | 15.7 years |
| 14 kW | $3.41 | $33,398 | $20,774 | 15.4 years |
| 16 kW | $3.34 | $37,374 | $24,537 | 15.1 years |
| 18 kW | $3.27 | $41,152 | $28,499 | 14.8 years |
| 20 kW | $3.19 | $44,730 | $32,659 | 14.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- Contract: Before signing a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Telford, PA Solar Cost FAQs
What is the average cost of installing solar panels in Telford?
The average cost of solar panels in Telford is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Telford is currently $392,725, which means you could be looking at a value of about $16,102 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Telford is a fruitful investment.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can 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.