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Best 5 Solar Companies in Cheltenham, PA

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Written By Max Peterson | Last Updated: February 05, 2024

With Cheltenham's clear skies and little rainfall, it's a great area for families and businesses aiming to harness the additional sunlight. With all the options to choose from in this concrete jungle, you might feel overwhelmed searching for a top-notch company. On this page, we'll highlight Cheltenham's leading solar contractors and offer expert advice for your solar journey.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
Best Solar Panel Leasing
4.4
  • Provides system monitoring
  • Offers diverse financing options for various budgets
  • Provides EV and solar battery solutions
Best Solar Panel Installation
4.4
  • Offers 7 panel brand options
  • 25-year workmanship warranty
  • Offers battery options

Top Cheltenham Solar Companies

SunPower Logo

SunPower

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4.3/5
Based on 81 customer reviews.

Services Offered

Panel Installation Battery Storage Consultation

Highlights

  • Free quotes
  • Clear pricing policy
  • Informative resources
300 American Metro Blvd #230, Hamilton Township, NJ 714-787-3800 us.sunpower.com
Arsenal Solar Logo

Arsenal Solar

4.7/5
Based on 28 customer reviews.

Services Offered

Panel Installation Skilled Repairs System Decommissioning Battery Storage Cleaning And Maintenance Off-Grid Solar Systems Solar Carports

Highlights

  • Informative resources
  • Reliable customer support
  • Clear pricing policy
516 Lindenhurst St, Philadelphia, PA 215-677-0873 arsenalsolar.com
PosiGen Logo

PosiGen

4.5/5
Based on 208 customer reviews.

Services Offered

Cleaning And Maintenance Consultation Battery Storage Panel Installation Permit Assistance

Highlights

  • Free quotes
  • Reliable customer support
  • Clear pricing policy
400 Davis Dr, Plymouth Meeting, PA 570-218-4772 posigen.com
Solar Energy World Logo

Solar Energy World

4.5/5
Based on 256 customer reviews.

Services Offered

Panel Installation

Highlights

  • Clear pricing policy
  • Free quotes
  • Informative resources
100 Twinbridge Dr, Pennsauken Township, NJ 866-856-4580 solarenergyworld.com

More Local Solar Companies

Solar States

User Reviews: 4.5/5 

1508 N American St
Philadelphia, PA 19122

Moore Energy LLC

User Reviews: 4.4/5 

505 Keystone Rd
Southampton, PA 18966

Finray Solar

User Reviews: 4.4/5 

29 Bala Ave
Bala Cynwyd, PA 19004

Blessing Electric

User Reviews: 4.7/5 

26 1st St
Lansdowne, PA 19050

MACK Solar and Roofing

User Reviews: 4.7/5 

521 Harrison Ave
Oaklyn, NJ 08107

Sunwise Energy

User Reviews: 4.5/5 

1401 Chapel Ave W
Cherry Hill, NJ 08002

Impact Solar LLC

User Reviews: 4.7/5 

202 Glenwood Ave
Haddonfield, NJ 08033

JK Renewables

User Reviews: 4.4/5 

800 Kings Hwy N suite-150
Cherry Hill, NJ 08034

Advanced Renewable Solutions - Solar 4 South Jersey

User Reviews: 4.6/5 

259 E Browning Rd
Bellmawr, NJ 08031

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Ranking Methodology

Our team has screened dozens of solar companies near Cheltenham, focusing on the following criteria:

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Facts about Cheltenham
Average Max Temp: 61°F
Solar Payback Period: 12.5 years
Average Daily Sunlight: 53%
Homes Powered by Solar: 37
Average Annual Energy Bill: $1,290
Solar Power per Capita Percentile: 48.0%

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This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy provides multiple advantages that will enhance your home for years to come.

  • Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.
  • Lowered energy bills: You can dodge the expensive cost of grid-tied power by generating some electricity right where you use it.
  • Better energy independence: Solar energy can keep your home functioning through emergencies and blackouts. You can use your solar energy anytime with an optional battery storage system.

What Solar Incentives Are Available to Cheltenham Homeowners?

Pennsylvania homeowners who decide on solar could qualify for tax credits, rebates, reimbursements and special financing. Here are just a few of the area's incentive programs.

Incentive Type: Loan Program

Website: newpa.com

Incentive Amount:

Residential loans/loan guarantees: $100,000
Commercial loans/loan guarantees: $2 million
Grants: Lesser of 10% of project costs or $500,000

Incentive Type: Loan Program

Website: newpa.com

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 Type: Solar Renewable Energy Credit Program

Website: pennaeps.com

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.

Incentive Type: Grant Program

Website: newpa.com

Incentive Amount:

Vary by project, but program generally requires matching funds at least equivalent to DCED funding

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Cheltenham

Choosing a company is the first step toward a well-oiled and valuable solar array. Make your choice based on the following important considerations.

Licensing and Training

The Commonwealth of Pennsylvania does not issue state-level contracting licenses, so each city or county can set its own requirements and regulations. You should also visit a company's website to learn about its private accreditations. Two of the most prestigious are the PV Installation Professional and Solar Heating Installer certificates, awarded by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in Cheltenham

Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options. Polycrystalline panels provide a lower price point but produce less power. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.

If you need to charge an electric car or use your solar power in cloudy weather, you can pay extra for accessories. By selecting the right components, you can make your system more efficient and user-friendly. Not all solar providers include these additional features, so look for a company that sells them if it's important for you.

If you're a resident of Cheltenham and want a five-kilowatt solar energy system, you could expect to pay about $17,750 for parts and installation. See more information on specific component and panel costs in the table.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,161
Solar Polycrystalline $906
Thin-Film $530
Solar Battery $743
Solar Home EV Charger $2,787

Financing Solar Energy in Cheltenham

Solar installers use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are cash payments, solar loans, solar leases and power purchase agreements (PPAs). Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they help you avoid paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Like a home or auto loan, you'll pay a set monthly rate with potentially $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) enables you to pay a monthly rate based only on the energy you use, similar to an electric bill. We typically don’t recommend these two choices because you won't own the system and are disqualified from using solar incentives. Ask each company you're considering about the financing options it offers. A salesperson can help you determine the optimal option for your financial situation.

The table below lists the average payback periods for different capacities of solar systems in Cheltenham.

A 26% federal tax credit applies to new residential solar equipment purchased through 2032. Further incentives may be available through city and state governments, usually in the form of rebates and special financing programs.

Solar System Capacity Estimated Payback period
1 kW 2.5 years
2 kW 5.0 years
5 kW 12.5 years
10 kW 25.0 years

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Frequently Asked Questions About Solar in Cheltenham

How much money could I save by going solar in Cheltenham?

On average, Cheltenham homeowners pay roughly $1,290 per year for energy. Once you repay your solar array, you could reduce your costs by $809.23 per kilowatt you produce.

Is solar energy easily accessible in Cheltenham?

Yes, solar energy is spreading quickly in Cheltenham. Some homes already benefit from solar power on-site or through utility grids, and they're backed by a state solar economy with 4231 jobs and counting.

Will a solar PV system improve my Cheltenham home value?

Yes, solar panels will increase your property value. According to the National Renewable Energy Laboratory, for every dollar you reduce on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

What if I live in a heavily-wooded or rainy

A solar setup could still operate in dark areas. Your contractor will position your panels to absorb the most sunlight possible. They might also recommend a back-up power source to keep your system performing at its best.

How many years will a typical solar system last?

Modern solar panels are built to last. The average model provides 25 years of reliable power. Lower-cost panels tend to have shorter lifespans than top-tier models.

What is the average payback period for Cheltenham solar panels?

Most Cheltenham homeowners pay back a solar loan in 15.4 years. You can shorten the payback period by paying off extra loan principal each month.

What's the difference between a PPA and a solar lease?

Choosing a leasing option means your solar provider will handle panel maintenance while you make fixed monthly payments. PPAs differ slightly because you pay for just the electricity you produce.

You don't own the panels with either option, though you can choose to opt out of the contract for a fee.

How are traditional solar loans and PPAs different?

A power purchase agreement (PPA) is an agreement between you and your installer. They install, own, and maintain the panels, and you purchase the generated electricity from them for 10–25 years. There will usually be options to extend the agreement and buy out early to own your system.

In contrast, solar loans can come from the government, specialty lenders, installer and local banks. You'll need to pass a credit check to qualify for most of them. While the upfront costs are more expensive, and you'll be responsible for upkeep, you'll also have complete ownership and can apply for many more benefits.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

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