Solar Panel Cost Guide in Bryn Mawr-Skyway, WA (2024 Update)
- Bryn Mawr-Skyway Solar Installation Cost: $10,925
- 25-Year Savings: $20,972
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Bryn Mawr-Skyway
Let’s take a look at the average cost of solar in Bryn Mawr-Skyway.
Although the national average of solar panels is $2.66 per watt, solar panels in Bryn Mawr-Skyway typically cost around 4.To account for the typical energy usage of the average home in Bryn Mawr-Skyway, most homeowners require a 4.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $10,925, or $15,623 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy needs, the type of solar panels you choose, your solar contractor and more.Many homeowners find adopting solar power is a solid investment. The average homeowner in Bryn Mawr-Skyway can save about $17,000 on their energy bills over 20 years.
Click the button below to get connected to a top solar company in your area for a personalized estimate.
Solar savings over time in Bryn Mawr-Skyway
| Year | Return on Investment |
|---|---|
| 1 years | $-9,649 |
| 3 years | $-7,098 |
| 5 years | $-4,546 |
| 7 years | $-1,994 |
| 9 years | $558 |
| 11 years | $3,110 |
| 13 years | $5,661 |
| 15 years | $8,213 |
| 17 years | $10,765 |
| 19 years | $13,317 |
| 21 years | $15,869 |
| 23 years | $18,421 |
| 25 years | $20,972 |
Top Solar Installers in Bryn Mawr-Skyway
Trying to put up solar panels by yourself can be a stressful undertaking, which is why getting a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be invaluable as well, especially if you aren’t sure what brand of solar equipment would be right for your home.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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 Bryn Mawr-Skyway
Factors that Affect Solar Panel Costs in Bryn Mawr-Skyway
Even though the average cost of a solar system in Bryn Mawr-Skyway is $10,925, your actual cost may differ. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $3,590 per kilowatt in Bryn Mawr-Skyway.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Bryn Mawr-Skyway average.
Solar Financing Terms
Many homeowners find the average cost of solar in Bryn Mawr-Skyway to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.However, the interest on solar loans also adds to your all-in costs, so it’s vital to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can influence the cost. Bryn Mawr-Skyway’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.73 | $15,681 | $10,183 | 15.2 years |
| 8 kW | $3.66 | $20,506 | $13,979 | 14.9 years |
| 10 kW | $3.59 | $25,130 | $17,977 | 14.6 years |
| 12 kW | $3.52 | $29,553 | $22,175 | 14.3 years |
| 14 kW | $3.45 | $33,775 | $26,575 | 14.0 years |
| 16 kW | $3.37 | $37,796 | $31,176 | 13.7 years |
| 18 kW | $3.30 | $41,615 | $35,977 | 13.4 years |
| 20 kW | $3.23 | $45,234 | $40,980 | 13.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which company you should opt for, since different companies offer different panels.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
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 Bryn Mawr-Skyway, WA Solar Cost FAQs
How much does it cost to install solar panels in Bryn Mawr-Skyway?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,950 for a 5-kW system and $35,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How much can I save on power bills after switching to solar?
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 $862.14 per year.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out 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 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.