Solar Panel Cost Guide in Upper Leacock, PA (2023 Update)
- Upper Leacock Solar Installation Cost: $11,727
- 25-Year Savings: $12,583
- Payback Period: 12.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Upper Leacock
We break down average solar pricing in Upper Leacock.
In Upper Leacock, solar panels cost about 2.55 per watt on average. Using this figure, a typical 6.6-kW system would cost about $11,727 before the 30% federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely look different based on your energy needs and what company you choose to go with. For many homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $14,000 in savings on utility bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Upper Leacock
| Year | Return on Investment |
|---|---|
| 1 years | $-10,755 |
| 3 years | $-8,810 |
| 5 years | $-6,865 |
| 7 years | $-4,920 |
| 9 years | $-2,976 |
| 11 years | $-1,031 |
| 13 years | $914 |
| 15 years | $2,859 |
| 17 years | $4,804 |
| 19 years | $6,749 |
| 21 years | $8,694 |
| 23 years | $10,638 |
| 25 years | $12,583 |
Top Solar Installers in Upper Leacock
Putting up solar panels on your own can be a stressful task, which is why hiring a solar installer is a good option for many homeowners. Plus, if you're not certain what type of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can help you install your solar panels. 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
See all of the solar companies in Upper Leacock
Factors that Affect Solar Panel Costs in Upper Leacock
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Upper Leacock: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Upper Leacock, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Upper Leacock homeowners choose to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your overall costs, so it's important to consider that as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Upper Leacock, you'll have many options to choose from, but each comes at varying price points for labor and equipment. The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount 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 | $2.65 | $11,138 | $11,056 | 12.5 years |
| 8 kW | $2.60 | $14,566 | $15,027 | 12.3 years |
| 10 kW | $2.55 | $17,850 | $19,141 | 12.1 years |
| 12 kW | $2.50 | $20,992 | $23,398 | 11.8 years |
| 14 kW | $2.45 | $23,990 | $27,797 | 11.6 years |
| 16 kW | $2.40 | $26,846 | $32,339 | 11.3 years |
| 18 kW | $2.35 | $29,560 | $37,024 | 11.1 years |
| 20 kW | $2.29 | $32,130 | $41,852 | 10.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Contract: Read the contract terms closely to make sure you understand the overall cost, completion timeline rebates and warranties.
- Warranty: If you're worried about the endurance of your solar system, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: The kind of solar panel you need plays a role in which company you should choose, since different companies offer different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established 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.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Upper Leacock, PA Solar Cost FAQs
What is the average cost of installing solar panels in Upper Leacock?
This is a tough question to answer precisely, because the cost depends on a variety of 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Upper Leacock?
Solar panels aren't free in Upper Leacock, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $739.82 per year.
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 stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had 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.