Solar Panel Cost Guide in Upper Milford, PA (Mar 2023)
- Upper Milford Solar Installation Cost: $11,924
- 25-Year Savings: $12,816
- Payback Period: 12.0 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Upper Milford
Here's how much it might cost to switch to solar power in Upper Milford.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Upper Milford, the typical cost of a solar system is 2.55 per watt. Because a 6.7-kW system is needed to cover the energy costs of a typical home in Upper Milford, the average price of going solar will be about $11,924 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy use, the type of equipment you choose, your solar contractor and more. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Upper Milford can save around $14,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Upper Milford that can help you get a more accurate cost estimate for your home.
Solar savings over time in Upper Milford
| Year | Return on Investment |
|---|---|
| 1 years | $-10,934 |
| 3 years | $-8,955 |
| 5 years | $-6,976 |
| 7 years | $-4,997 |
| 9 years | $-3,018 |
| 11 years | $-1,038 |
| 13 years | $941 |
| 15 years | $2,920 |
| 17 years | $4,899 |
| 19 years | $6,878 |
| 21 years | $8,857 |
| 23 years | $10,837 |
| 25 years | $12,816 |
Top Solar Installers in Upper Milford
Although you can install solar panels on your own, it requires extra time and know-how. For that reason, most homeowners choose a solar panel installer. Plus, if you aren't sure what type of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some 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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Upper Milford
Factors that Affect Solar Panel Costs in Upper Milford
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Upper Milford: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar panel system you need for your home, 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 $2,550. There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Upper Milford to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. You'll have to consider the long-term cost of loans, including the amount of 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installation company you choose will impact your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
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.