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Written By David Cusick
Last Updated April 2024
Rooftop solar energy is becoming increasingly popular for homeowners in Lower Merion. A solar panel array can help you decrease your carbon footprint, provide a dependable source of power, and add value to your property. Adopting solar energy can help you save money and lower your carbon footprint, but you want to make sure you find a qualified installer. Luckily, we’ve conducted comprehensive research local solar installers and compiled a guide to the best solar companies in Lower Merion. These reliable providers are reliable options known for their quality services.
Clear pricing policy
Free quotes
Services Offered
Informative resources
Clear pricing policy
Free quotes
Reliable customer support
Services Offered
Our Rating
Reliable customer support
Free quotes
Informative resources
Clear pricing policy
Services Offered
Our Rating
Free quotes
Reliable customer support
Clear pricing policy
Informative resources
Services Offered
Our Rating
Informative resources
Clear pricing policy
Reliable customer support
Free quotes
Services Offered
Our Rating
Reliable customer support
Clear pricing policy
Free quotes
Services Offered
Our Rating
Clear pricing policy
Free quotes
Informative resources
Reliable customer support
Services Offered
Our Rating
Reliable customer support
Prompt service delivery
Free quotes
Clear pricing policy
Informative resources
Services Offered
Our Rating
Clear pricing policy
Reliable customer support
Services Offered
Our Rating
Reliable customer support
Clear pricing policy
Free quotes
Services Offered
Today's Homeowner looks at dozens of datapoints on solar companies to come up with our data-driven rankings. It's not possible for a company to pay for preferential treatment in our rankings. We look at the following key factors in determining who should top our list:
Adopting solar power lets homeowners cut utility bills while helping the environment by reducing your carbon footprint using clean energy. If you’re evaluating if you want to go solar, consider these key factors for choosing an installer.
It's important to hire a licensed solar installer. This ensures that the work is done properly using the most up-to-date installation methods. There are no state-level contracting licenses issued in the Commonwealth of Pennsylvania, so each city or county can set its own requirements and regulations.
Check review sites like the Better Business Bureau (BBB), TrustPilot, and Google Reviews to see feedback from past customers on local solar companies. Detailed reviews can help you assess a company's reliability and customer service. Use caution with companies that have no reviews or mostly negative ones.
Get free, detailed quotes from at least three solar companies. The quotes should outline all costs and identify the solar parts included. Comparing several quotes can help you find the best value for your budget.
High-quality solar installations should include robust workmanship and performance warranties. The workmanship guarantee covers any installation issues like cracks in the panels, poor alignment, or poor wiring. The output warranty guarantees an energy generation baseline. Strong warranties reflect a solar provider's confidence in its installations.
Solar energy can help reduce your energy expenses. Be sure to weigh these aspects when determining the cost and value of solar panels.
In Lower Merion, solar panels cost an average of $3,550 per kilowatt, with an average system size of 6.6 kilowatts. The typical Lower Merion homeowner spends $16,365 on their solar array after federal tax refunds. An estimate from a local provider will factor in additional information reflecting your desired system's panel type, size, capacity, and required preliminary work. In some cases, homeowners may prefer leasing solar panels to reduce upfront costs.
Incentive Amount:
Manufacturer loans: $40,000 per job created within 3 years
Manufacturer grants: $5,000 per job created within 3 years
Loans for geothermal systems: $3 per square foot of space served up to $5 million; also limited to 50% of eligible costs for residential systems.
Loans for wind energy production projects: $5 million
Grants for wind energy production projects: $1 million
Grants for feasibility studies: 50% of cost up to $175,000
Loan guarantee grants: Up to 75% of deficient funds up to $5 million
Incentive Amount:
Varies based on market conditions; during 2015 the market price for PA-sourced SRECs has ranged from approximately $32 - $55/MWh ($0.032 - $0.055/kWh) although individual trades have taken place at substantially lower and higher prices.
A solar photovoltaic (PV) system can generate power to run any electric system or appliance in your home. A more specific example is installing a solar heating system for your water.
With home solar PV, you can save money on your energy bill, lower your property's emissions, and be better prepared if there's an outage to the local grid.
Absolutely. The grid in Lower Merion already uses a large share of renewable energy sources, and you may be able to sell your excess generated energy to your utility for additional cost savings.
Your payback period is the time to achieve an ROI on your solar panels. It will vary based on their rated capacity, the rate your utility charges per kilowatt of power, and the average sunlight in your area. Lower Merion gets quite a bit of sunlight per day, so an average payback period could last up to 15.4 years per 5 kW of capacity.
Net metering is a power purchasing policy that allows solar energy system owners to receive bill credits or payments for the amount of energy they put back into the grid. It's available in most states and is a great way to reduce energy costs.
When it comes to taxes, the federal government offers a tax credit of up to 30% of the panels' cost. Depending on where you live, you could also claim or apply for state or property tax incentives. As for insurance, your monthly premium may be slightly higher because solar panels increase your property's value. You should consult with your accountant or insurance agent for information specific to your case.