Solar Panel Cost Guide in Upper Milford, PA (2024 Update)
- Upper Milford Solar Installation Cost: $16,591
- 25-Year Savings: $12,822
- Payback Period: 16.8 Years
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Average Cost of Solar Panels in Upper Milford
We go over average solar pricing in Upper Milford.
Although the national average of solar panels is $2.66 per watt, solar panels in Upper Milford typically cost around 4.Using this figure, a typical 6.7-kW system would cost about $16,591 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Upper Milford homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the high upfront cost, the average Upper Milford homeowner can save around $14,000 on their power bills over 20 years, which is one of the perks of solar.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Upper Milford
| Year | Return on Investment |
|---|---|
| 1 years | $-15,297 |
| 3 years | $-12,708 |
| 5 years | $-10,120 |
| 7 years | $-7,531 |
| 9 years | $-4,943 |
| 11 years | $-2,354 |
| 13 years | $234 |
| 15 years | $2,823 |
| 17 years | $5,412 |
| 19 years | $8,000 |
| 21 years | $10,589 |
| 23 years | $13,177 |
| 25 years | $15,766 |
Top Solar Installers in Upper Milford
Installing solar panels yourself can be a dangerous task, which is why using a solar installer is a good option for many homeowners. Local solar installers can also help you optimize your return on investment by walking you through any local incentives and by offering warranties and repairs.
If you’d like to switch to solar energy but still aren’t sure which solar company to go with, here are our recommendations for providers nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in Upper Milford
Factors that Affect Solar Panel Costs in Upper Milford
For many Upper Milford homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Upper Milford, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar 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, your total will most likely increase by nearly $3,550. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Upper Milford, 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
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Upper Milford homeowners choose to finance their solar panel systems to offset upfront costs.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Upper Milford, and each can charge varying amounts for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also fits within your budget.
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 | $6,726 | 17.4 years |
| 8 kW | $3.62 | $20,278 | $9,366 | 17.1 years |
| 10 kW | $3.55 | $24,850 | $12,204 | 16.8 years |
| 12 kW | $3.48 | $29,224 | $15,241 | 16.4 years |
| 14 kW | $3.41 | $33,398 | $18,477 | 16.1 years |
| 16 kW | $3.34 | $37,374 | $21,912 | 15.8 years |
| 18 kW | $3.27 | $41,152 | $25,546 | 15.4 years |
| 20 kW | $3.19 | $44,730 | $29,378 | 15.1 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, such as:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: Look through the contract terms thoroughly to make sure you understand the total cost, completion timeline incentives and warranties.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's Upper Milford, PA Solar Cost FAQs
What is the average cost of installing solar panels in Upper Milford?
The average cost of solar panels in Upper Milford is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Upper Milford?
You can’t get solar panels for free in Upper Milford. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Upper Milford is currently $360,137, so you could be looking at a value of about $14,766 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Upper Milford is a worthwhile investment.
How long do solar panels last in Upper Milford?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable 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 continue to use 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.