Solar Panel Cost Guide in Upper Uwchlan, PA (2023 Update)
- Upper Uwchlan Solar Installation Cost: $11,669
- 25-Year Savings: $14,412
- Payback Period: 11.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Upper Uwchlan
Let's have a look at the average cost of solar panels in Upper Uwchlan.
Although the national average of solar panels is $2.66 per watt, solar panels in Upper Uwchlan generally cost about 2.55. The average Upper Uwchlan homeowner needs a 6.5-kilowatt system, which would cost about $11,674 with the federal tax credit, or $16,694 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Upper Uwchlan homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $15,000 on electricity bills over 20 years, many homeowners in Upper Uwchlan find going solar can pay off big.
To get a free estimate from a pre-vetted solar company in Upper Uwchlan, you can click the button below.
Solar savings over time in Upper Uwchlan
| Year | Return on Investment |
|---|---|
| 1 years | $-11,582 |
| 3 years | $-11,409 |
| 5 years | $-11,235 |
| 7 years | $-11,061 |
| 9 years | $-10,887 |
| 11 years | $-10,713 |
| 13 years | $-10,539 |
| 15 years | $-10,365 |
| 17 years | $-10,191 |
| 19 years | $-10,018 |
| 21 years | $-9,844 |
| 23 years | $-9,670 |
| 25 years | $-9,496 |
Top Solar Installers in Upper Uwchlan
Although it's possible to install solar panels by yourself, it involves extra time and knowledge. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. Plus, if you're not certain what type of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
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 Uwchlan
Factors that Affect Solar Panel Costs in Upper Uwchlan
For many Upper Uwchlan homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Upper Uwchlan, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you're looking to install 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Upper Uwchlan, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. 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 in some cases even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can influence how much you pay. Upper Uwchlan's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Upper Uwchlan are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $12,799 | 11.6 years |
| 8 kW | $2.60 | $14,566 | $17,351 | 11.4 years |
| 10 kW | $2.55 | $17,850 | $22,045 | 11.2 years |
| 12 kW | $2.50 | $20,992 | $26,883 | 11.0 years |
| 14 kW | $2.45 | $23,990 | $31,863 | 10.7 years |
| 16 kW | $2.40 | $26,846 | $36,986 | 10.5 years |
| 18 kW | $2.35 | $29,560 | $42,252 | 10.3 years |
| 20 kW | $2.29 | $32,130 | $47,661 | 10.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar installer has a good reputation by verifying 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.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Solar Panel Brands: Different companies have various brands and models of panels. If you want a specific brand, make sure the solar installer you're considering has it.
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 Uwchlan, PA Solar Cost FAQs
What is the average cost of installing solar panels in Upper Uwchlan?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Upper Uwchlan?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.