Solar Panel Cost Guide in Amwell, PA (2023 Update)
- Amwell Solar Installation Cost: $12,321
- 25-Year Savings: $8,723
- Payback Period: 14.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Amwell
We go over average solar pricing in Amwell.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Amwell, the average cost of a solar system is 2.55 per watt. Because a 6.9-kW system is needed to cover the energy usage of a typical home in Amwell, the average price of going solar will be about $12,316 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Amwell homeowners. The price 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. Many homeowners find going solar is a solid investment. The average homeowner in Amwell can save around $12,000 on their energy bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Amwell
| Year | Return on Investment |
|---|---|
| 1 years | $-12,251 |
| 3 years | $-12,110 |
| 5 years | $-11,970 |
| 7 years | $-11,830 |
| 9 years | $-11,689 |
| 11 years | $-11,549 |
| 13 years | $-11,409 |
| 15 years | $-11,268 |
| 17 years | $-11,128 |
| 19 years | $-10,988 |
| 21 years | $-10,848 |
| 23 years | $-10,707 |
| 25 years | $-10,567 |
Top Solar Installers in Amwell
Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be hard. Plus, if you'd like to maximize your investment in solar power, using a solar installer can help with that too. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Amwell
Factors that Affect Solar Panel Costs in Amwell
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Amwell: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That's why it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Amwell, where sunlight isn't as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Amwell offer solar loans, which reduce the initial cost of installing solar. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The last significant cost factor you should consider is the installer you choose. Given the growing popularity of renewable energy solutions in Amwell, you'll have many options to choose from, but each comes at various price points for labor and equipment. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.65 | $11,138 | $7,154 | 15.2 years |
| 8 kW | $2.60 | $14,566 | $9,824 | 14.9 years |
| 10 kW | $2.55 | $17,850 | $12,638 | 14.6 years |
| 12 kW | $2.50 | $20,992 | $15,594 | 14.3 years |
| 14 kW | $2.45 | $23,990 | $18,692 | 14.1 years |
| 16 kW | $2.40 | $26,846 | $21,934 | 13.8 years |
| 18 kW | $2.35 | $29,560 | $25,318 | 13.5 years |
| 20 kW | $2.29 | $32,130 | $28,845 | 13.2 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose considerably affects your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Amwell, PA Solar Cost FAQs
What is the average cost of installing solar panels in Amwell?
The average cost of solar panels in Amwell is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Amwell?
You can't get solar panels for free in Amwell. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact how much my home is worth?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't opt for 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."
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.