Solar Panel Cost Guide in Upper Milford, PA (2023 Update)
- Upper Milford Solar Installation Cost: $11,918
- 25-Year Savings: $12,822
- Payback Period: 12.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Upper Milford
We go over average solar pricing in Upper Milford.
The national average cost of solar panels is $2.66 per watt, but in Upper Milford it's 2.55 per watt. The average solar panel system size in Upper Milford is around 6.7 kilowatts, meaning a cost of about $11,924 for a solar installation, or $17,051 before the 30% federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Upper Milford based on several factors, such as the kind of solar panels you choose and the solar contractor you hire. With average savings of about $14,000 on power bills over 20 years, many homeowners in Upper Milford find going solar has a decent ROI.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Upper Milford
| Year | Return on Investment |
|---|---|
| 1 years | $-10,623 |
| 3 years | $-8,035 |
| 5 years | $-5,446 |
| 7 years | $-2,858 |
| 9 years | $-269 |
| 11 years | $2,319 |
| 13 years | $4,908 |
| 15 years | $7,497 |
| 17 years | $10,085 |
| 19 years | $12,674 |
| 21 years | $15,262 |
| 23 years | $17,851 |
| 25 years | $20,439 |
Top Solar Installers in Upper Milford
Trying to put up solar panels yourself can be a dangerous project, which is why getting a solar installer is a good option for many homeowners. The expertise that solar companies provide can be helpful as well, particularly if you aren't sure what kind of solar equipment you need.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Upper Milford:
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 Milford
Factors that Affect Solar Panel Costs in Upper Milford
There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Upper Milford homeowners opt to finance their solar panel systems to offset upfront costs. Though solar loans make going solar more accessible for Upper Milford 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 make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can play a role in your total costs. There are about 3 solar installation companies operating in Upper Milford, and each can charge different amounts for labor and equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $11,094 | 12.5 years |
| 8 kW | $2.60 | $14,566 | $15,078 | 12.3 years |
| 10 kW | $2.55 | $17,850 | $19,204 | 12.0 years |
| 12 kW | $2.50 | $20,992 | $23,473 | 11.8 years |
| 14 kW | $2.45 | $23,990 | $27,885 | 11.6 years |
| 16 kW | $2.40 | $26,846 | $32,440 | 11.3 years |
| 18 kW | $2.35 | $29,560 | $37,138 | 11.1 years |
| 20 kW | $2.29 | $32,130 | $41,978 | 10.8 years |
How to Save on Solar Panels
There are numerous companies to choose from in Upper Milford, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- 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 unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
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 Milford, PA Solar Cost FAQs
How much does it cost to install solar panels in Upper Milford?
The average cost of solar panels in Upper Milford is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Upper Milford?
Solar panels aren't free in Upper Milford, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels eliminate my power bills?
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 $741.08 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs 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.