Solar Panel Cost Guide in Amwell, PA (2024 Update)
- Amwell Solar Installation Cost: $17,152
- 25-Year Savings: $8,723
- Payback Period: 20.4 Years
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Average Cost of Solar Panels in Amwell
Let’s have a look at the average cost of solar in Amwell.
The average cost of a solar system in Amwell is 4 per watt.The average solar panel system size in Amwell is around 6.9 kilowatts, meaning a cost of about $17,152 for a solar installation, or $24,527 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Amwell homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For many homeowners, the upfront investment in solar power is worth paying. On average Amwell homeowners see about $12,000 in savings on utility bills over 20 years.
To get a free quote from a highly rated solar company in Amwell, you can click the button below.
Solar savings over time in Amwell
| Year | Return on Investment |
|---|---|
| 1 years | $-16,069 |
| 3 years | $-13,904 |
| 5 years | $-11,738 |
| 7 years | $-9,572 |
| 9 years | $-7,406 |
| 11 years | $-5,240 |
| 13 years | $-3,075 |
| 15 years | $-909 |
| 17 years | $1,257 |
| 19 years | $3,423 |
| 21 years | $5,589 |
| 23 years | $7,754 |
| 25 years | $9,920 |
Top Solar Installers in Amwell
Many homeowners decide to use a solar installation company since trying to install solar panels yourself can be challenging. The expertise that solar companies provide can be valuable as well, especially if you don’t quite know what kind of solar equipment you need.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Amwell
Factors that Affect Solar Panel Costs in Amwell
For many Amwell homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Amwell, with typical prices between $20,000 to $40,000. There are a number of 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 panel system in Amwell, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can gauge by looking at past power bills. Your total cost can increase by around $3,550 for each additional kilowatt you need.Some solar panel 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. Plus, if you have a small roof or limited 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
Many homeowners find the average cost of solar in Amwell to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.Even though solar loans make adopting solar energy more accessible for Amwell homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies operating in Amwell, and each can charge varying amounts for labor and equipment.Additionally, some companies in Amwell know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $2,786 | 21.2 years |
| 8 kW | $3.62 | $20,278 | $4,112 | 20.8 years |
| 10 kW | $3.55 | $24,850 | $5,638 | 20.4 years |
| 12 kW | $3.48 | $29,224 | $7,362 | 20.0 years |
| 14 kW | $3.41 | $33,398 | $9,284 | 19.6 years |
| 16 kW | $3.34 | $37,374 | $11,406 | 19.2 years |
| 18 kW | $3.27 | $41,152 | $13,726 | 18.7 years |
| 20 kW | $3.19 | $44,730 | $16,245 | 18.3 years |
How to Save on Solar Panels
There are a large number of companies available in Amwell, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Look through the contract terms closely to make sure you understand the total cost, completion timeline incentives and warranties.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Installation Process: Make sure you’re aligned with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Amwell, PA Solar Cost FAQs
What is the average cost of installing solar panels in Amwell?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Amwell?
A solar panel system isn’t free in Amwell, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Amwell have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.