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
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
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 typical cost of a solar system is 4 per watt.The average Lower Saucon homeowner needs a 6.7-kilowatt system, which would cost about $16,665 with the federal tax credit, or $23,831 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of solar panels you want to get, your solar contractor and more.Even with the large initial cost, the average Lower Saucon homeowner can save around $14,000 on their electricity bills over 20 years, which is one of the perks of solar.
You can click the button below to get connected with a vetted solar company in Lower Saucon that can help you get a more accurate cost estimate for your home.
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
Although it's possible to install solar panels yourself, it takes extra energy and expertise. That's one of the reasons almost all homeowners choose a solar panel installer. Solar warranties and repairs are ordinarily included in the cost of installation when you hire a solar contractor as well, which can save you more money after your initial investment.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Lower Saucon:
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
The cost of installing a solar system in Lower Saucon can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Lower Saucon to be too steep, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.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 upfront can lower the total interest paid over time.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Lower Saucon, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Lower Saucon are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $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
Since the type of solar panels and the installer you choose significantly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It’s important to read 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 project timeline.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases 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 company 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
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
What is the average cost of installing solar panels in Lower Saucon?
The average cost of solar panels in Lower Saucon 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Lower Saucon?
Leasing solar panels can be an attractive choice, because it commonly 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 get the most savings.
How will having solar panels impact my home value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t choose 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 solar panels."
How long do solar panels last in Lower Saucon?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.