Solar Panel Cost Guide in Buckingham, PA (2025 Update)
- Buckingham Solar Installation Cost: $16,360
- 25-Year Savings: $15,790
- Payback Period: 15.5 Years
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Average Cost of Solar Panels in Buckingham
Let’s take a look at the average cost of solar in Buckingham.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Buckingham, the average cost of solar panels is 4 per watt.The average solar panel system size in Buckingham is around 6.6 kilowatts, meaning a cost of about $16,360 for a solar installation, or $23,395 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Buckingham based on a variety of factors, such as the type of solar panels you choose and the solar installer you hire.With average savings of about $15,000 on power bills over 20 years, many homeowners in Buckingham find installing solar panels can be quite rewarding.
To get a free quote from a vetted solar company in Buckingham, you can click the button below.
Solar savings over time in Buckingham
| Year | Return on Investment |
|---|---|
| 1 years | $-15,074 |
| 3 years | $-12,502 |
| 5 years | $-9,930 |
| 7 years | $-7,358 |
| 9 years | $-4,786 |
| 11 years | $-2,214 |
| 13 years | $358 |
| 15 years | $2,930 |
| 17 years | $5,502 |
| 19 years | $8,074 |
| 21 years | $10,646 |
| 23 years | $13,218 |
| 25 years | $15,790 |
Top Solar Installers in Buckingham
Many homeowners decide to use a solar installer since trying to install solar panels by yourself can be a lot of work. Another advantage of going with a solar company is that they can help you make the most of your investment by bringing down your future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
If you're on the hunt for a solar company in Buckingham, we've compiled a list of our top suggestions here:
See all of the solar companies in Buckingham
Factors that Affect Solar Panel Costs in Buckingham
Although the average cost of a solar system in Buckingham is $16,360, your actual cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,550. There are a lot of different solar panel brands and the one you choose also changes the cost. Generally, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are provided by most installers in Buckingham, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can affect your pricing. Buckingham’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Buckingham know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $8,618 | 16.1 years |
| 8 kW | $3.62 | $20,278 | $11,889 | 15.8 years |
| 10 kW | $3.55 | $24,850 | $15,358 | 15.5 years |
| 12 kW | $3.48 | $29,224 | $19,026 | 15.1 years |
| 14 kW | $3.41 | $33,398 | $22,893 | 14.8 years |
| 16 kW | $3.34 | $37,374 | $26,958 | 14.5 years |
| 18 kW | $3.27 | $41,152 | $31,223 | 14.2 years |
| 20 kW | $3.19 | $44,730 | $35,686 | 13.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
EcoWatch's Buckingham, PA Solar Cost FAQs
What is the average cost of installing solar panels in Buckingham?
The average cost of solar panels in Buckingham is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Does Buckingham have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out what solar panel system size 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.