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Best 5 Solar Companies in Lower Merion, PA

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

Lower Merion homeowners are increasingly using solar panels to produce their electricity and heat their water. Solar contractors take a uniquely educational approach, helping homeowners understand the underlying technology and tailor it to their preferences. In this article, we'll highlight Lower Merion's best solar providers and offer suggestions for your company choice, so you can find the right one for your household.

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 Lower Merion Solar Companies

SunPower Logo

SunPower

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4.3/5
Based on 81 customer reviews.

Services Offered

ConsultationBattery StoragePanel Installation

Highlights

  • Reliable customer support
  • Free quotes
  • Clear pricing policy
300 American Metro Blvd #230, Hamilton Township, NJ 714-787-3800 us.sunpower.com
Blessing Electric Logo

Blessing Electric

4.7/5
Based on 16 customer reviews.

Services Offered

Panel InstallationSkilled Repairs

Highlights

  • Informative resources
26 1st St, Lansdowne, PA 610-394-2211 blessingelectric.com
Open Sky Energy Logo

Open Sky Energy

4.7/5
Based on 27 customer reviews.

Services Offered

Battery StoragePanel InstallationConsultationOff-Grid Solar Systems

Highlights

  • Clear pricing policy
  • Free quotes
  • Reliable customer support
6 Park Ave, Swarthmore, PA 610-544-1214 openskyenergy.net
PosiGen Logo

PosiGen

4.5/5
Based on 208 customer reviews.

Services Offered

Battery StorageConsultationCleaning And MaintenancePermit AssistancePanel Installation

Highlights

  • Clear pricing policy
  • Informative resources
  • Free quotes
400 Davis Dr, Plymouth Meeting, PA 570-218-4772 posigen.com

More Local Solar Companies

Solar States

User Reviews: 4.5/5 

1508 N American St
Philadelphia, PA 19122

Finray Solar

User Reviews: 4.4/5 

29 Bala Ave
Bala Cynwyd, PA 19004

MACK Solar and Roofing

User Reviews: 4.7/5 

521 Harrison Ave
Oaklyn, NJ 08107

Solar Energy World

User Reviews: 4.5/5 

100 Twinbridge Dr
Pennsauken Township, NJ 08110

Impact Solar LLC

User Reviews: 4.7/5 

202 Glenwood Ave
Haddonfield, NJ 08033

Sunwise Energy

User Reviews: 4.5/5 

1401 Chapel Ave W
Cherry Hill, NJ 08002

Arsenal Solar

User Reviews: 4.7/5 

516 Lindenhurst St
Philadelphia, PA 19116

Advanced Renewable Solutions - Solar 4 South Jersey

User Reviews: 4.6/5 

259 E Browning Rd
Bellmawr, NJ 08031

Moore Energy LLC

User Reviews: 4.4/5 

505 Keystone Rd
Southampton, PA 18966

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 focuses on the following criteria to assess the best Lower Merion solar companies.

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

Expert Tips By

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 benefits. Here are some highlights.

  • Better energy independence: Adding a battery backup lets you have reliable energy during grid outages and storms.
  • Lowered energy bills: With solar energy systems, you generate power without paying the tacked-on costs of grid-connected power. You can eliminate your bills completely if you go off-grid.
  • Reduced carbon footprint: Using solar is a surefire way to decrease your carbon footprint and home fossil fuel dependency.

What Solar Incentives Are Available to Lower Merion Homeowners?

Governments and power companies often reward homeowners for embracing solar. Here are some of the rebates, tax credits or other programs you could qualify for.

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 Lower Merion

The purchase price and efficiency of solar panels often rely on the provider that mounted them. Consider all of these aspects in your contractor search.

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. Solar providers can also obtain certificates from standards organizations and trade groups. The most respected ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Lower Merion

Your solar panels' style will influence how much power you can generate. Monocrystalline panels cost the most but perform the best. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

If you want to charge an electric vehicle (EV) or use your solar power in cloudy weather, you can pay extra for add-ons. By choosing the right components, you can make your panel array more effective and convenient to use. Not all solar companies offer these add-ons, so look for a contractor that sells them if it's essential for you.

If you're a resident of Lower Merion and are considering getting a five-kilowatt solar energy system, you could expect to pay about $17,750 for materials and labor. Find more information on specific component and panel costs in the table.

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

Financing Solar Energy in Lower Merion

Choosing the ideal financing option will influence your overall solar system cost and potential savings. Common payment options include cash payments, leases, loans, and power purchase agreements. Most solar experts recommend a cash payment or using a solar loan. Cash payments require a large up-front sum, but they save you from 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 as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate based only on the energy you use, like an electric bill. We generally don’t recommend these two choices because you won't own the panels and are disqualified from using solar incentives. We recommend working with a company that offers multiple financing options. Talk to each salesperson about what's available, and get more than one estimate for the best odds of staying within your budget.

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

The IRS allows you to claim a 26% federal tax credit on the full cost of the solar system, so long as you purchase it before 2032. Local governments and utilities might also offer their own financing programs, rebates, and incentives that could save you more money.

Solar System CapacityEstimated Payback period
1 kW2.5 years
2 kW5.0 years
5 kW12.5 years
10 kW25.0 years

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Frequently Asked Questions About Solar in Lower Merion

How much money could I save by going solar in Lower Merion?

On average, Lower Merion homeowners pay around $1,290 per year on electric bills. Once you repay your solar array, you could save $809.23 per kilowatt you produce.

Is solar energy readily available in Lower Merion?

Yes, solar energy is becoming increasingly popular in Lower Merion. Some homes already benefit from solar power on-site or through utility grids, and they're supported by a state solar economy with 4231 workers and counting.

Will a solar PV system increase my Lower Merion home worth?

Yes, solar energy systems will increase your property value. According to the National Renewable Energy Laboratory (NREL), 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.

Could I still use solar power if I live in a dark, rainy, or wooded area?

Even with the Lower Merion area's above-average tree cover, you could still take advantage of solar energy. Your installer will enhance your system's performance by choosing the proper site for panels, cleaning them regularly, positioning them to capture the most sunlight throughout the year, and installing a battery backup system. This way, you can keep solar energy longer and utilize it as necessary.

What size should my new Lower Merion solar system be?

The average Lower Merion solar system size is 6.6 kilowatts (kW). However, your final system size depends on your family's energy needs. Your surrounding shading, panel model, and roof size could also impact your final result. A professional solar contractor will consider these factors and determine the right system size for your home.

What is the average payback period for Lower Merion solar panels?

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

How does "net metering" work, and do I need to participate?

Most states and utilities run net metering programs, and some mandate homeowners to join. Once you sign up, you can receive a bill credit or check for any surplus electricity you produce and send to the grid. Generally, power companies reimburse solar homeowners at an "avoided-cost" or wholesale rate.

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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