Solar Panel Cost Guide in Tinicum, PA (Jan 2023)
- Tinicum Solar Installation Cost: $11,620
- 25-Year Savings: $15,025
- Payback Period: 10.9 Years
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Top Solar Installers in Tinicum
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Going with a solar company can make your switch to solar power much easier. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for you.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Tinicum
Factors that Affect Solar Panel Costs in Tinicum
For many Tinicum homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Tinicum, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,550. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Tinicum, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Tinicum to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. Although solar loans make going solar more accessible for Tinicum homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining key cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Tinicum, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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|
How to Save on Solar Panels
There are a lot of companies available in Tinicum, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Contract: Read the contract terms closely to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide good-quality solar panel installation and expertise.
EcoWatch's Tinicum, 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.