Solar Panel Cost Guide in Warwick, PA (2024 Update)
- Warwick Solar Installation Cost: $16,331
- 25-Year Savings: $16,026
- Payback Period: 16.5 Years
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Average Cost of Solar Panels in Warwick
Find out how much it might cost to go solar in Warwick.
In Warwick, solar panels cost about 4 per watt on average.The average Warwick homeowner needs a 6.6-kilowatt system, which would cost about $16,331 with the federal tax credit, or $23,353 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Warwick homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.But, once you've paid the upfront cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $14,000 over 20 years on power bills.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Warwick
| Year | Return on Investment |
|---|---|
| 1 years | $-15,037 |
| 3 years | $-12,449 |
| 5 years | $-9,860 |
| 7 years | $-7,271 |
| 9 years | $-4,683 |
| 11 years | $-2,094 |
| 13 years | $494 |
| 15 years | $3,083 |
| 17 years | $5,671 |
| 19 years | $8,260 |
| 21 years | $10,849 |
| 23 years | $13,437 |
| 25 years | $16,026 |
Top Solar Installers in Warwick
Although it's possible to install solar panels yourself, it involves extra time and expertise. For that reason, most people choose to go with a solar panel installer. Plus, if you aren’t sure what kind of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Warwick
Factors that Affect Solar Panel Costs in Warwick
For many Warwick homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Warwick, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Warwick, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $3,550 for each additional kilowatt you need.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Warwick average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Warwick homeowners choose to finance their solar panel systems to make paying for solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Warwick, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $7,080 | 17.2 years |
| 8 kW | $3.62 | $20,278 | $9,837 | 16.8 years |
| 10 kW | $3.55 | $24,850 | $12,794 | 16.5 years |
| 12 kW | $3.48 | $29,224 | $15,949 | 16.2 years |
| 14 kW | $3.41 | $33,398 | $19,303 | 15.8 years |
| 16 kW | $3.34 | $37,374 | $22,855 | 15.5 years |
| 18 kW | $3.27 | $41,152 | $26,607 | 15.2 years |
| 20 kW | $3.19 | $44,730 | $30,557 | 14.9 years |
How to Save on Solar Panels
There are many 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:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: If you’re worried about the endurance of your solar panels, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Warwick, PA Solar Cost FAQs
What is the average cost of installing solar panels in Warwick?
The average cost of solar panels in Warwick 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost 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 cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How much can I save on electricity bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Warwick, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.