Solar Panel Cost Guide in Fairless Hills, PA (2024 Update)
- Fairless Hills Solar Installation Cost: $16,360
- 25-Year Savings: $14,894
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Fairless Hills
Find out what the average cost of installing solar panels is in Fairless Hills.
Although the national average of solar panels is $2.66 per watt, solar panels in Fairless Hills typically cost around 4.The average Fairless Hills homeowner needs a 6.6-kilowatt system, which would cost about $16,360 with the federal tax credit, or $23,395 before the 0 tax credit is applied.
How much you pay can be above or below the average in Fairless Hills based on a variety of factors, such as the model of solar panels you choose and the solar installer you hire.With typical savings of about $15,000 on electricity bills over 20 years, many homeowners in Fairless Hills find investing in solar can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Fairless Hills
Year | Return on Investment |
---|---|
1 years | $-15,070 |
3 years | $-12,489 |
5 years | $-9,908 |
7 years | $-7,328 |
9 years | $-4,747 |
11 years | $-2,167 |
13 years | $414 |
15 years | $2,994 |
17 years | $5,575 |
19 years | $8,155 |
21 years | $10,736 |
23 years | $13,317 |
25 years | $15,897 |
Top Solar Installers in Fairless Hills
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make your switch to solar power much easier. The expertise that solar installers offer can be valuable as well, especially if you aren’t sure what brand of solar equipment you need.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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
See all of the solar companies in Fairless Hills
Factors that Affect Solar Panel Costs in Fairless Hills
The cost of installing a solar system in Fairless Hills can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Fairless Hills, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by around $3,550 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Fairless Hills, where sunlight is relatively 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
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Fairless Hills, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.Though solar loans make going solar more accessible for Fairless Hills homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Fairless Hills know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $8,778 | 16.0 years |
8 kW | $3.62 | $20,278 | $12,101 | 15.7 years |
10 kW | $3.55 | $24,850 | $15,623 | 15.3 years |
12 kW | $3.48 | $29,224 | $19,344 | 15.0 years |
14 kW | $3.41 | $33,398 | $23,264 | 14.7 years |
16 kW | $3.34 | $37,374 | $27,383 | 14.4 years |
18 kW | $3.27 | $41,152 | $31,701 | 14.1 years |
20 kW | $3.19 | $44,730 | $36,217 | 13.8 years |
How to Save on Solar Panels
There are a lot of companies available in Fairless Hills, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: When looking over 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 part breaking or if the company goes out of business.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: The brand of solar panel you’d like to install plays a role in which company you should choose, since different companies have different panels.
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
EcoWatch's Fairless Hills, PA Solar Cost FAQs
What is the average cost of installing solar panels in Fairless Hills?
The average cost of solar panels in Fairless Hills 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.
Can you get solar panels for free in Fairless Hills?
Solar panels aren’t free in Fairless Hills, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Fairless Hills?
Solar panels can be a good investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 get between 20 and 35 panels to cover 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.