Solar Panel Cost Guide in Yeadon, PA (2024 Update)
- Yeadon Solar Installation Cost: $16,181
- 25-Year Savings: $15,023
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Yeadon
Let’s have a look at the average cost of solar in Yeadon.
In Yeadon, solar panels cost about 4 per watt on average.To cover the typical energy usage of the average home in Yeadon, most homeowners require a 6.5-kilowatt system. Using the per-watt figure above, a solar installation costs about $16,181, or $23,139 before the federal solar tax credit of 0 is applied.
The true price you pay can be above or below the average in Yeadon depending on a few factors, such as the type of solar panels you choose and the solar installer you hire.For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Yeadon see about $16,000 in savings on utility bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Yeadon
| Year | Return on Investment |
|---|---|
| 1 years | $-14,890 |
| 3 years | $-12,310 |
| 5 years | $-9,729 |
| 7 years | $-7,149 |
| 9 years | $-4,568 |
| 11 years | $-1,988 |
| 13 years | $593 |
| 15 years | $3,174 |
| 17 years | $5,754 |
| 19 years | $8,335 |
| 21 years | $10,915 |
| 23 years | $13,496 |
| 25 years | $16,076 |
Top Solar Installers in Yeadon
When making the switch to solar, many homeowners opt to go with a solar installation company since overseeing your solar installation yourself can be a challenging project. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you’d like to make the switch to solar but still aren’t certain which solar panel company to go with, here are our suggestions for providers 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 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 Yeadon
Factors that Affect Solar Panel Costs in Yeadon
For many Yeadon homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Yeadon, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect 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
Most solar installers in Yeadon offer solar loans, which reduce the initial cost of installing solar.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Yeadon, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Yeadon know more 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 help you save 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 | $3.69 | $15,506 | $9,047 | 15.8 years |
| 8 kW | $3.62 | $20,278 | $12,460 | 15.5 years |
| 10 kW | $3.55 | $24,850 | $16,072 | 15.2 years |
| 12 kW | $3.48 | $29,224 | $19,882 | 14.9 years |
| 14 kW | $3.41 | $33,398 | $23,892 | 14.6 years |
| 16 kW | $3.34 | $37,374 | $28,100 | 14.3 years |
| 18 kW | $3.27 | $41,152 | $32,508 | 14.0 years |
| 20 kW | $3.19 | $44,730 | $37,113 | 13.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: If you’re concerned about the durability of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Yeadon, PA Solar Cost FAQs
How much does it cost to install solar panels in Yeadon?
The average cost of solar panels in Yeadon 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Yeadon, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.