Solar Panel Cost Guide in Lower Saucon, PA (2024 Update)
- Lower Saucon Solar Installation Cost: $16,665
- 25-Year Savings: $12,891
- Payback Period: 16.8 Years
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Average Cost of Solar Panels in Lower Saucon
Find out what the average cost of solar panels are in Lower Saucon.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lower Saucon, the average cost of a solar system is 4 per watt.Using this figure, a typical 6.7-kW system would cost about $16,665 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy needs, the type of solar panels you want, your solar contractor and more.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Lower Saucon can save around $14,000 on their energy bills over 20 years.
To get a free quote from a pre-vetted solar installer in Lower Saucon, you can click the button below.
Solar savings over time in Lower Saucon
| Year | Return on Investment |
|---|---|
| 1 years | $-15,396 |
| 3 years | $-12,859 |
| 5 years | $-10,322 |
| 7 years | $-7,785 |
| 9 years | $-5,247 |
| 11 years | $-2,710 |
| 13 years | $-173 |
| 15 years | $2,364 |
| 17 years | $4,902 |
| 19 years | $7,439 |
| 21 years | $9,976 |
| 23 years | $12,514 |
| 25 years | $15,051 |
Top Solar Installers in Lower Saucon
Trying to install solar panels yourself can be a stressful project, which is why getting a solar installation company is a good option for many homeowners. Another good thing about using a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Lower Saucon:
Best National Provider
SunPower
- 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
- 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 Lower Saucon
Factors that Affect Solar Panel Costs in Lower Saucon
There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,550. There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that have better 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 much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a solid option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.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 more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can play a part in determining how much you pay. Lower Saucon’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies 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 at a higher cost. It’s best to do some research and go with the company that provides the products, warranties and services you’re looking for and also fit into 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 | $6,737 | 17.4 years |
| 8 kW | $3.62 | $20,278 | $9,381 | 17.1 years |
| 10 kW | $3.55 | $24,850 | $12,223 | 16.8 years |
| 12 kW | $3.48 | $29,224 | $15,264 | 16.4 years |
| 14 kW | $3.41 | $33,398 | $18,504 | 16.1 years |
| 16 kW | $3.34 | $37,374 | $21,942 | 15.8 years |
| 18 kW | $3.27 | $41,152 | $25,579 | 15.4 years |
| 20 kW | $3.19 | $44,730 | $29,416 | 15.1 years |
How to Save on Solar Panels
There are many 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:
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Contract: When reading over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The kind of solar panel you need plays a part in which company you should choose, since different companies offer different panels.
Best National Provider
SunPower
- 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
- 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 Lower Saucon, PA Solar Cost FAQs
How much does it cost to install solar panels in Lower Saucon?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Lower Saucon?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Lower Saucon is currently $311,313, so you can expect a value of about $12,764 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Lower Saucon is a rewarding investment.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.