Solar Panel Cost Guide in Laureldale, PA (2024 Update)

  • Laureldale Solar Installation Cost: $16,528
  • 25-Year Savings: $13,725
  • Payback Period: 16.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Laureldale

Here’s how much it might cost to install solar panels in Laureldale.

In Laureldale, solar panels cost about 4 per watt on average.The average solar panel system size in Laureldale is around 6.7 kilowatts, meaning a cost of about $16,528 for a solar installation, or $23,635 before the 0 federal solar tax credit is applied.

How much you pay can be higher or lower than the average in Laureldale depending on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.With typical savings of about $15,000 on electricity bills over 20 years, many homeowners in Laureldale find investing in solar can be quite rewarding.

For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Laureldale

Year Return on Investment
1 years $-15,285
3 years $-12,799
5 years $-10,313
7 years $-7,827
9 years $-5,341
11 years $-2,855
13 years $-369
15 years $2,117
17 years $4,603
19 years $7,089
21 years $9,575
23 years $12,061
25 years $14,547

Top Solar Installers in Laureldale

DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of a solar company can make switching to solar power much easier. Solar warranties and repairs are ordinarily included in the cost of installation when you hire a solar contractor too, which can save you more money after your initial investment.

If you’d like to go solar but still aren’t sure which solar installer to go with, here are our suggestions for providers nearby:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Laureldale

Factors that Affect Solar Panel Costs in Laureldale

Though the average cost of a solar system in Laureldale is $16,528, your final cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,550.The type of solar panels and equipment you get is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Laureldale, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.

Solar Panel Installation Company

The remaining significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Laureldale, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that provides the products, warranties and services you want 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 $7,585 16.8 years
8 kW $3.62 $20,278 $10,511 16.5 years
10 kW $3.55 $24,850 $13,636 16.1 years
12 kW $3.48 $29,224 $16,960 15.8 years
14 kW $3.41 $33,398 $20,482 15.5 years
16 kW $3.34 $37,374 $24,203 15.2 years
18 kW $3.27 $41,152 $28,123 14.9 years
20 kW $3.19 $44,730 $32,242 14.5 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 brands and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Installation Process: When making the switch to solar energy, it’s essential to keep an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project timeline.
  • Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
  • Solar Panel Brands: Different companies will have different brands and kinds of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
  • Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Laureldale, PA Solar Cost FAQs

How much does it cost to install solar panels in Laureldale?

The average cost of solar panels in Laureldale is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Laureldale?

You can’t get solar panels for free in Laureldale. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.

Do solar panels increase how much your home is worth?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Laureldale is currently $207,866, which means you can expect a value of about $8,523 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Laureldale is a rewarding investment.

How often do you have to replace solar panels?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to 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.

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